Samphire Project Construction 75% Complete Ahead of Schedule at Alligator Energy
Alligator Energy has commenced construction of its pivotal Samphire Field Recovery Trial, marking a significant shift from exploration to development. The company also bolstered its leadership team to support this growth phase and reported promising exploration results at its Big Lake Uranium Project.
- Final approval received for Samphire Field Recovery Trial construction
- Construction and drilling activities ahead of schedule
- Executive team strengthened with key appointments
- Promising uranium grades confirmed at Big Lake Project
- Quarter-end cash balance of A$25.3 million
A Transformational Quarter for Alligator Energy
Alligator Energy has reached a critical milestone in its evolution from uranium explorer to developer with the commencement of construction on the Samphire Field Recovery Trial (FRT). This quarter’s progress was underscored by the final regulatory approval from the South Australian Department for Energy and Mining, enabling on-ground activities to begin ahead of schedule.
The FRT is designed to validate key in-situ recovery parameters that will underpin the upcoming Definitive Feasibility Study and mining lease applications. With approximately 75% of production and recovery wells already drilled by early October, the project is on track for construction completion by the end of 2025 and commissioning in early 2026.
Strengthening Leadership for Growth
Recognising the demands of this next phase, Alligator Energy has enhanced its executive team with strategic appointments. CEO Andrea Marsland-Smith, who brings over two decades of ISR uranium experience, leads the company alongside new CFO Joe Sutanto, GM Operations David Brink, and GM Approvals & Sustainability Christian Knott. This leadership expansion aims to ensure operational excellence and robust governance as the company advances towards production.
Exploration Success at Big Lake
Beyond Samphire, exploration at the Big Lake Uranium Project has yielded encouraging results, with several drill holes intersecting uranium grades exceeding 100 ppm within thick porous sand units. These findings reinforce the potential for a large-scale ISR uranium system and have prompted plans for a revised air core drilling program, pending regional weather conditions.
Financial Position and Outlook
Financially, Alligator Energy invested A$1.0 million in exploration and evaluation during the quarter, maintaining a strong cash position of A$25.3 million at quarter-end. The company continues to focus on quality execution, safety, and environmental stewardship, engaging closely with local communities and stakeholders.
Looking ahead, the months to come are poised to be transformative as the Samphire FRT progresses through commissioning and initial data collection, expected between February and April 2026. These results will be pivotal in shaping the Definitive Feasibility Study and advancing the project towards a production decision.
Bottom Line?
Alligator Energy’s transition into development signals a promising chapter, but upcoming trial results will be crucial to sustaining momentum.
Questions in the middle?
- How will the initial Field Recovery Trial data influence the Definitive Feasibility Study outcomes?
- What are the potential regulatory hurdles remaining for mining lease approvals at Samphire?
- How might global uranium market dynamics impact Alligator Energy’s production timeline and strategy?
