Latest Uranium Exploration News

Core Energy Minerals has expanded its uranium portfolio with key South Australian acquisitions and secured $3.7 million in funding, setting the stage for maiden drilling at the Cummins Project.

Australian Rare Earths Limited (ASX: AR3) reports promising extensions of near-surface calcrete-hosted uranium mineralisation at its Overland Uranium Project, reinforcing a dual-asset exploration strategy that combines shallow deposits with deeper in-situ recoverable targets.

Odessa Minerals reports significant progress in uranium exploration at its Lyndon Project, highlighting multiple mineralisation types and upcoming field activities. The company also announces key board changes, positioning itself for strategic growth.

Deep Yellow Ltd disclosed a quarterly cash flow report for Q1 2025, revealing a significant operating cash outflow but a robust cash reserve that supports an estimated 20 quarters of funding runway.

Mamba Exploration Limited has exited its earn-in agreement on the Canary Uranium Project, redirecting focus to other assets, while successfully raising $850,000 through a two-tranche placement to bolster its cash position.

Basin Energy has completed the acquisition of a uranium and green energy metals portfolio in Scandinavia, capitalizing on Sweden's move to lift its uranium mining ban. The company continues to advance exploration in Canada’s Athabasca Basin while navigating boardroom challenges.