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  • Foto von GTI Energy boosts Lo Herma uranium resource 50% to 8.57 million pounds

    GTI Energy boosts Lo Herma uranium resource 50% to 8.57 million pounds

    GTI Energy Ltd (ASX:GTR, OTC:GTRIF) has updated the uranium mineral resource estimate (MRE) at its Lo Herma Project in Wyoming’s Powder River Basin, lifting the MRE by 50% to 8.57 million pounds. This brings GTR’s combined uranium MRE across its Wyoming projects, including the Great Divide Basin, to 10.32 million pounds with an additional exploration target. “We are delighted with the major uplift in Lo Herma’s uranium resource, now 50% larger at 8.57 million pounds,” GTi Energy executive director Bruce Lane said. “This important milestone positions Lo Herma favourably in size against Ur-Energy’s nearby 8.8-million-pound Shirley Basin ISR build, and Encore Energy’s 8.1-million-pound Gas Hills ISR project. “Importantly, over 30% of Lo Herma’s resource is lifted into indicated classification with an expanded exploration target pointing the way to even greater potential for growth. “Given Lo Herma's proximity to several major ISR production facilities within 60 miles, we believe this project has strong potential to transition into production. “Our immediate focus is completing a scoping study in the first half of 2025. This material resource upgrade plus the significant exploration target confirms our belief that 8.57 million pounds is just the starting point for Lo Herma.” Lane spoke to Proactive's Tylah Tully, underscoring the projects’ potential for near-term production with modest capital investment. The MRE is focused on mining by in-situ recovery (ISR) methods (at a 200 ppm U3O8 cut-off grade and a minimum grade thickness of 0.2 per mineralised horizon) and now sits at 6.21 million tonnes of total mineralisation at average grade of 630 ppm eU3O8 for 8.57 million pounds of contained metal. Of this, 2.78 million pounds or 32% is in the indicated resource category and 5.79 million pounds inferred. GTR has also updated and increased the conceptual exploration target range (ETR) for Lo Herma since it was first reported in July 2023, which now stands at a range of 5.59 to 7.10 million tonnes at a grade range of 500 ppm to 700 ppm U3O8. In addition to drilling conducted this year, exploration targets have been estimated based on historical drill maps, drill hole data, aerial geophysics (reported in 2023) and 2023 drilling by GTR to verify the historical drilling information. There are now 954 drill holes in the Lo Herma project area with the 2023 and 2024 drill programs conducted by GTR designed, in part, to test the Lo Herma Exploration Target. Lo Herma resources and exploration target range. Following extensive in-country consultation with community and Mines Ministry representatives, Evion Group NL (ASX:EVG, OTC:EVIGF) has received support for and a formal endorsement of its Maniry Graphite Project in Madagascar, clearing the path to formal permitting. Meetings included local landholders as well as government officials responsible for development in the Maniry region, culminating in a signed agreement from the local community outlining their strong support, with a further meeting scheduled to conclude formal agreements. Madagascar's Mines Minister has formally endorsed the conversion of EVG’s exploration licences to exploitation licences that will permit the development of the Maniry Project and mining of graphite. The local government has advised Evion that the formal conversion of these licences is a short-term priority – once the conversion is complete, all project tenements will have been approved for mine development. "Confirming community support for the development of our Maniry Project and the conversion of our remaining exploration licenses to mine licences are two of the most significant achievements for Evion and its team in Madagascar to date,” Evion Group managing director David Round said. “We have had extensive and very positive support from the Mines Minister over the last few months, and his authorisation of our applications for mine development licences paves the way for development work on the ground to start. “Additionally, our in-country team has worked tirelessly with the local community in planning a mutually beneficial pathway for the development of Maniry. “Having now reached agreement on this we can look forward to formalise this agreement with the endorsement of government officials at scheduled meetings over the next month.” Round has been invited to meet with the Madagascan Mines Minister alongside the President and a special advisory team from France on January 17, 2025. EVG says its Maniry Graphite Project has been identified as a critically important project in Madagascar, and the company welcomes the opportunity to attend stakeholder meetings to formalise an agreement to fast-track development The company is optimistic its development pathway will include funding from the European Union, as initial feedback for an application made in September indicated Evion meets requirements with further feedback to be provided within the next few months.» Mehr auf proactiveinvestors.com

  • Foto von Orthocell passes commercialisation milestone with first Remplir™ sales in Singapore

    Orthocell passes commercialisation milestone with first Remplir™ sales in Singapore

    Regenerative medicine company Orthocell Ltd (ASX:OCC, OTC:ORHHF) has passed a major milestone on its rapid commercialisation path with first sales of its leading peripheral nerve repair device Remplir™ in Singapore. With the company’s recently appointed exclusive distribution partner Device Technologies Asia (DT Asia) taking first orders for Remplir, the device is now being sold in Singapore, Australia and New Zealand. Sales of Remplir continue to grow with an increasing number of surgeons using and endorsing its unique repair qualities. As initial sales are well ahead of a planned Singapore market launch next quarter, Orthocell CEO and MD Paul Anderson said: “We are delighted to report first sales to DT Asia earlier than expected.” He said this demonstrated the quality of the Remplir product and the strength of the company’s distribution partner Device Technologies Asia. Encouragingly for Orthocell, Singapore is a strategic jurisdiction as a destination for sophisticated medical treatments in the region and as a regulatory gateway to other substantial ASEAN markets, in a global nerve repair market estimated to exceed US$3.5 billion. The company is progressing commercialisation in Singapore at a rapid pace rapidly with regulatory approval received in October 2024 through to first sales achieved in December 2024. DT Asia is well placed to gain sales traction in this jurisdiction, having established relationships with target customers including leading plastic reconstructive and orthopaedic surgeons at high-quality surgical centres. The distribution partner will market and distribute Remplir for use in the surgical repair of peripheral nerves across Singapore, undertaking medical education, targeted promotion activities and initiating sales, as well as expanding the network of referring plastic and orthopaedic surgeons. “Device Technologies is our chosen distribution partner in Australia, New Zealand and Singapore and have moved quickly to begin selling our leading nerve repair product Remplir in Singapore,” Anderson said. “We expect additional sales, revenue growth and surgeon adoption of Remplir to accelerate in the new year,” he added. Orthocell shares have been as much as 8% higher today to A$1.08 and have risen by more than 77% since November 21. Sales of Remplir have grown quickly in the Australian and New Zealand markets, with an increasing number of surgeons using and endorsing its unique repair qualities. Singapore represents the first major international market launch outside the existing markets of Australia and New Zealand. The rapid progression from Remplir’s recent regulatory approval from the Health Sciences Authority (HSA) in Singapore, to signing the distribution agreement with DT Asia, to early sales is validation of the company’s commitment to global expansion and revenue generation in new markets. With circa $33 million in cash and no debt, Orthocell is well positioned to successfully launch Remplir in Singapore and other key markets including the United States, South East Asia, Canada and the EU/UK. Importantly, the company remains on schedule to submit its Remplir US 510(K) application this quarter with progression into US FDA clearance and commercial distribution soon thereafter. Since 1992, DT Asia has remained committed to providing healthcare professionals with access to innovative, high-quality medical devices and solutions from around the world. DVT Asia’s vision is to enable superior health outcomes by connecting healthcare professionals with the finest medical technologies and supplies in the market. The Device Technologies Group continues to grow, with 200+ trusted brands and 1,000 highly skilled staff across Australia, New Zealand and Asia. All products distributed by Device Technologies are compliant with quality and regulatory requirements, with in-servicing, education and ongoing clinical and technical support provided as part of the trusted partnership between Device Technologies’ staff and healthcare professionals. GTI Energy Ltd (ASX:GTR, OTC:GTRIF) CEO Bruce Lane talked with Proactive’s Tylah Tully about a mineral resource update at the Lo Herma Uranium Project in Wyoming. The company has announced a significant 50% increase in its resource estimate, reaching 8.57 million pounds. Lane emphasised the importance of this milestone, noting, "To get over [8 million pounds] is obviously very pleasing." The upgrade includes 30% of the resource now in the indicated category, a critical step in advancing the project. Lane highlighted that this resource aligned with similar deposits in the region, such as the Shirley Basin Project by UREnergy and Gas Hills by Encore Energy, which are both slated for production. The focus now shifts to the scoping study, with metallurgical testing and hydrology work underway. Lane expressed optimism about uranium market trends, noting the potential for price increases in 2024 as global interest in nuclear power grows. With the Lo Herma Project located in a proven uranium-producing region, Lane underscored its potential for near-term production with modest capital investment. GTI Energy is poised for significant advancements in 2025, with the scoping study results expected in the first half of the year.» Mehr auf proactiveinvestors.com

Unternehmenszahlen

Im letzten Quartal hatte GTI RESOURCES LTD Aktie einen Umsatz von +32,98k und ein Nettoeinkommen von 507,90k
(EUR)Dez. 2023
YOY
Umsatz+32,98k-
Bruttoeinkommen+32,45k-
Nettoeinkommen507,90k-
EBITDA417,95k-

Fundamentaldaten

MetrikWert
Marktkapitalisierung
+22,84 Mio
Anzahl Aktien
2,96 Mrd
52 Wochen-Hoch/Tief
+0,26 - +0,000867
DividendenNein
Beta
2,17
KGV (PE Ratio)
4,27
KGWV (PEG Ratio)
0,04
KBV (PB Ratio)
+0,25
KUV (PS Ratio)
+111,33

Unternehmensprofil

GTI Energy Ltd beschäftigt sich mit der Exploration und Bewertung von Mineralgrundstücken in Australien und den Vereinigten Staaten. Das Unternehmen erkundet sein Uran- und Vanadiumprojekt Utah, das sich über eine Fläche von etwa 1500 Hektar in den Henry Mountains in Utah erstreckt, das Goldprojekt Niagara in Westaustralien und das Projekt Reach in Westaustralien. Außerdem wurde eine verbindliche Vereinbarung über den Erwerb der ISR-Uranprojekte in Wyoming geschlossen. Das Unternehmen war früher unter dem Namen GTI Resources Limited bekannt und änderte im Mai 2022 seinen Namen in GTI Energy Ltd. GTI Energy Ltd wurde im Jahr 2007 gegründet und hat seinen Sitz in Perth, Australien.

Name
GTI RESOURCES LTD Aktie
CEO
Bruce James Lane B.Com., M.Sc.
SitzPerth, wa
Australien
Website
Börsengang
Mitarbeiter3

Ticker Symbole

BörseSymbol
Australian Securities Exchange Ltd
GTR.AX
Pnk
GTRIF
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