• Lo Herma Mineral Resource Estimate increased 50% to 8.57Mlbs eU3O8 including 2.78Mlbs Indicated (32%) & 5.79Mlbs Inferred
• Lo Herma Exploration Target increased from recent drilling and new staking
• Lo Herma Scoping Study commenced – targeting completion in 1st half of 2025
• Metallurgical samples prepared and sent for laboratory testing
• GTI’s combined Wyoming uranium resources increased to 10.23Mlbs
• $1.6 million rights issue completed

During the quarter the Company updated its uranium Mineral Resource Estimate (MRE) at its Lo Herma Project (Lo Herma or the Project) located in Wyoming’s Powder River Basin (Figure 1). The MRE for the Project is focused on mining by In-Situ Recovery (ISR) methods and is reported at an appropriate cut-off grade of 200 ppm U3O8 and a minimum grade thickness (GT) of 0.2 per mineralised horizon as: 6.21 million tonnes of total mineralisation at average grade of 630 ppm eU3O8 for 8.57 million pounds (Mlbs) of eU3O8 contained metal classified as 2.78Mlbs of Indicated (32%) and 5.79Mlbs of Inferred.