With significant advancements at its flagship Lo Herma project and a strategic rebranding on the horizon, GTI Energy is positioning itself as a key player in the U.S. uranium sector.
Executive Director Bruce Lane is highlighting the robust demand drivers in the #uranium market, particularly in the United States. He referenced recent announcements about plans to construct 10 new nuclear reactors by 2030, which could require approximately 300 million pounds of uranium over their 60-year lifespan. This development, combined with a persistent supply-demand gap, underscores the tightness in the uranium market. “The demand drivers are extremely strong, and the supply side continues to be tight,” Lane noted. While the exact timing of price movements remains uncertain, the upcoming World Nuclear Association (WNA) report in September 2025 is expected to provide clearer insights into the supply-demand dynamics, potentially catalyzing further market momentum.Lane also emphasized the growing interest in small modular reactors (SMRs) and their potential to reshape demand forecasts, particularly with support from data centers and hyperscalers. Despite the strong fundamentals, Lane refrained from making specific price predictions but expressed optimism about the market’s trajectory, particularly for low-cost uranium projects like GTI’s.
GTI Energy recently secured AUD 4.5 million through a two-tranche placement with institutional and professional investors, a move that Lane described as “well-supported.” The first tranche has been issued, while the second awaits shareholder approval. A key highlight of the raise is the involvement of Snow Lake, a NASDAQ-listed company that holds a 50% stake in the Pine Ridge project, adjacent to GTI’s Loherma project. Snow Lake’s investment will see them hold approximately 9.9% of GTI Energy and nominate a board member, fostering a strategic partnership that could enhance collaboration on both projects.The funds will primarily accelerate the development of Lo Herma, which currently hosts an inferred resource of 8.57 million pounds of uranium, with 32% in the indicated category. Lane outlined plans to grow the resource beyond 10 million pounds through step-out and infill drilling, while also advancing hydrogeological and metallurgical studies. These efforts aim to boost confidence in the resource and pave the way for an updated scoping study, potentially by the end of 2025, depending on drilling outcomes.
GTI Energy is gearing up for a drilling program at Lo Herma, set to commence in September 2025, pending permit approvals expected in August. The program, with a budget of up to USD 2 million, will target 121 permitted drill holes to expand the resource and upgrade confidence levels in three identified mine units. “This is not wildcat drilling,” Lane emphasized, noting that the company has a clear understanding of the target areas based on prior exploration. The drilling is expected to generate a steady flow of results through the latter half of 2025, culminating in a resource update that could further de-risk the project.While Loherma remains the company’s primary focus, GTI’s other uranium and vanadium projects in the Great Divide Basin, Green Mountain, and Henry Mountains in Utah remain in good standing. Lane acknowledged positive developments in these regions, such as UR Energy’s exploration near GTI’s Great Divide projects, but stressed that the company’s immediate priority is advancing Loherma toward production by 2030.
In a move to better reflect its core focus, GTI Energy is proposing a rebrand to American Uranium Limited, subject to shareholder approval. Lane explained that the new name aligns with the company’s mission to capitalize on the growing demand for domestic uranium in the U.S., driven by the push for nuclear energy. The rebranding is also aimed at enhancing visibility among North American investors, particularly as GTI considers upgrading its OTC listing to the OTCQB to attract greater interest.
With a clear strategy in place, GTI Energy is poised to deliver a steady stream of news in the coming months. Key milestones include securing drilling permits, finalizing the Snow Lake investment, commencing the Loherma drilling program, and potentially updating the scoping study. Lane highlighted the advantage of rapid result turnaround using gamma probes, which will allow GTI to provide timely updates to investors throughout the drilling campaign.As the uranium market continues to gain momentum, GTI Energy’s strategic focus on low-cost, high-potential projects positions it well to capitalize on the sector’s growth. With a strengthened financial position and a clear path forward, the company is set to make significant strides in establishing itself as a leading uranium developer in the United States.For more information on GTI Energy’s projects and progress, investors are encouraged to conduct their own due diligence and consult with financial advisors. As Lane concluded, “We’re very confident in the economic potential of Loherma, and we look forward to updating the market as we progress.”
Watch the interview: https://youtu.be/a5SnXYTHhXU?si=A2jO-kgbPXcOzHLb
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