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The latest update is out from GTI Resources Ltd ( (AU:AMU) ).
American Uranium has appointed Petrotek Corporation to conduct hydrogeological testing at its Lo Herma ISR Project in Wyoming, a significant step in advancing the project’s development. This testing, alongside a resource expansion drilling program, aims to validate aquifer performance and expand the current 8.57Mlb resource base. The results are expected to support updates to the Mineral Resource Estimate and Scoping Study in 2026, potentially enhancing the company’s position in the nuclear energy market.
More about GTI Resources Ltd
American Uranium Limited (ASX:AMU, OTCID:AMUIF) is a company focused on developing in-situ recovery (ISR) uranium projects in the United States, particularly in Wyoming’s Powder River Basin. The company aims to contribute to America’s nuclear energy sector through low-cost and near-term ISR projects.
Average Trading Volume: 481,496
Technical Sentiment Signal: Sell
Current Market Cap: A$19.28M
For detailed information about AMU stock, go to TipRanks’ Stock Analysis page.