Latest Uranium Exploration News

Cauldron Energy is gearing up for a major drilling campaign at its Yanrey Uranium Project, backed by a solid cash position and expanding resource base amid a bullish uranium market.

Energy Metals Limited reported steady progress in its uranium exploration projects during the June 2025 quarter, supported by a strong cash position and rising uranium prices. Preparations to refresh the Bigrlyi Pre-Feasibility Study and regional exploration groundwork highlight the company’s strategic focus.

Connected Minerals Ltd has greenlit a Phase 2 drilling campaign at its Etango North-East Uranium Project in Namibia, following impressive Phase 1 results that revealed economic uranium grades in nearly all holes drilled.

Core Energy Minerals has initiated its first aircore drilling program at the Cummins Uranium Project in South Australia, while confirming uranium mineralisation in Brazil and refinancing its convertible notes to support ongoing exploration.

Basin Energy advances exploration with high-grade uranium and polymetallic mineralisation in North Sweden and expands its footprint in Canada’s Athabasca Basin. New assays and strategic partnerships set the stage for next-phase growth.

Orpheus Uranium Limited has secured $1.25 million to fund its newly acquired Pirie Basin Project, marking a strategic shift towards active exploration across key uranium provinces in Australia.

Orpheus Uranium Limited reported a net cash outflow from operations and investing in the June quarter but strengthened its cash position through financing activities, extending its funding runway to over seven quarters.

Gladiator Resources reported promising uranium and rare metal findings at its Tanzanian projects while initiating legal action over alleged defamation, all against a backdrop of cautious cash management.

Infini Resources has refined its geological model at the Portland Creek uranium project, identifying new high-priority targets for an August 2025 Phase 2 drilling campaign. Despite challenges in Phase 1, the company remains optimistic about unlocking a major discovery in Newfoundland.

Infini Resources has appointed experienced contractors to commence a pivotal Phase 2 drilling campaign at its Portland Creek Uranium Project, aiming to unlock high-grade uranium targets along a 6 km mineralised trend.

NexGen Energy has released final 2024 and new 2025 assay results from its Patterson Corridor East exploration, confirming significant high-grade uranium mineralization expansion near its flagship Arrow deposit.

Bannerman Energy reported a robust $80 million cash inflow from financing in Q2 2025, offsetting significant exploration expenditures and maintaining a strong cash position.