Maiden Mineral Resource & Exploration Targets for Great Divide Basin Projects & Lo Herma

GTI Energy Ltd (GTI or Company) is pleased to declare an initial Inferred Mineral Resource Estimate (MRE) at the Thor and Teebo Uranium Prospects located within GTI's Great Divide Basin (GDB) Project located in Wyoming’s GDB uranium district.

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Highlights:

• Inferred Mineral Resource of 1.66 Mlbs U3O8 for Great Divide Basin Prospects
• Initial Exploration Target range estimated at Great Divide Basin Prospects
• 200 additional claims (~4,000 acres) staked at Lo Herma to cover additional areas of trends and historical drilling - increasing the total project footprint to ~12,000 acres
• Initial Exploration Target range estimated at Lo Herma Project (Powder River Basin)
• 1,445 historical drill logs from Lo Herma have now been scanned and are currently being digitised prior to resource modelling and verification
• Lo Herma JORC resource report on track for end of Q2

The Inferred Mineral Resource Estimate (MRE) assumes mining by In-Situ Recovery (ISR) methods and is reported at a cut-off grade of 200 ppm U3O8 and a minimum grade thickness (GT) of 0.2 per mineralized horizon as:

1.32 million tonnes of mineralisation at an average grade of 570 ppm U3O8 for 1.66 million pounds of U3O8 contained metal.

In addition, an initial Exploration Target has been defined for both the Great Divide Basin prospects (excl. MRE areas) and the Lo Herma Project in the Powder River Basin (Table 1).

An initial Exploration Target Range for the Great Divide Basin Project of between 6.6 to 8.1 million tonnes at a grade range of between 420 ppm to 530 ppm U3O8 containing an estimated

6.1 to 9.5 million pounds of U3O8. The potential quantity and grade of the Exploration Target is conceptual in nature and there has been insufficient exploration to estimate a JORC-compliant Mineral Resource Estimate. It is uncertain if further exploration will result in the estimation of a Mineral Resource in the defined exploration target areas.

The initial Exploration Target Range for the Lo Herma Project of between 7.3 to 9.0 million tonnes at a grade range of between 500 ppm to 700 ppm U3O8 containing an estimated 8.1 to

13.9 million pounds of U3O8. The potential quantity and grade of the Exploration Target is conceptual in nature and there has been insufficient exploration to estimate a JORC-compliant Mineral Resource Estimate. It is uncertain if further exploration will result in the estimation of a Mineral Resource in the defined exploration target areas.

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