Latest Athabasca Basin News

Terra Critical Minerals has amended its option agreement with ATHA Energy Corp to fast-track uranium exploration at the Pasfield Lake Project, increasing expenditure and drilling commitments in response to rising uranium prices.

Paladin Energy reports a strong production ramp-up at its Langer Heinrich Mine and confirms robust progress on the Patterson Lake South project, supported by a strengthened balance sheet and a positive uranium market outlook.

Infini Resources has confirmed widespread uranium anomalism across its Reynolds and Reitenbach Lake projects, including standout high-grade results at the Titus Prospect. These findings set the stage for a fully funded maiden drilling campaign in mid-2026.

NexGen Energy has announced a significant 23% vertical expansion of its high-grade uranium subdomain at Patterson Corridor East, alongside the commencement of a record 45,500-meter drilling campaign for 2026. This development underscores the company's advancing exploration momentum in the Athabasca Basin.

Infini Resources has expanded its Reitenbach Lake Uranium Project footprint by 31%, adding over 8,900 hectares adjacent to the Athabasca Basin in northern Saskatchewan. The company is preparing for a maiden drill program in Q2 2026 following imminent assay results.

Infini Resources has confirmed high-grade uranium mineralisation at surface in its Reitenbach Lake project with a standout 1.90% U3O8 assay, advancing its exploration towards a maiden drill campaign planned for mid-2026.

NexGen Energy has reported its highest-grade uranium assay to date from the Patterson Corridor East at its Rook I Project, revealing exceptional mineralization that could redefine the project's potential.

DevEx Resources has pinpointed a promising uranium drill target at its Sandfire Prospect, just north of the historic Nabarlek Mine in the Northern Territory. The discovery, based on gravity and geochemical surveys, sets the stage for drilling in 2026 within a globally significant uranium province.

Global Uranium and Enrichment Limited has obtained a crucial ASX waiver allowing the cancellation of certain unlisted options without shareholder approval, smoothing the path for Snow Lake Resources’ acquisition scheme.

Urenco Limited has secured Foreign Investment Review Board approval for its strategic investment in Ubaryon, where Global Uranium and Enrichment Limited holds a significant stake, marking a key milestone in advancing innovative uranium enrichment technology.

Infini Resources is approaching completion of its Phase 2 drilling at Portland Creek, revealing promising signs of a district-scale polymetallic uranium system, with assay results expected later this quarter.

Infini Resources has completed its Phase 2 field program in Saskatchewan’s Athabasca Basin, revealing promising uranium targets and setting the stage for a maiden drill campaign in 2026.