GTI Resources Ltd (ASX:GTR)
GTI Resources Ltd (ASX:GTR) has acquired a number of highly prospective uranium and vanadium properties located in the Henry Mountains, Utah, USA.
District has long history of mining of uranium and vanadium
Region has produced 92 mlbs U3O8 and 482 mlbs V2O5 at average grades of 2,400ppm and 1.25% respectively from the Morrison Formation sandstones.
Milling capacity nearby
Properties located within trucking distance of White Mesa Mill, the only operating conventional uranium mill in the US.