Latest Athabasca Basin News

Terra Uranium advances its strategic pivot by acquiring key tin and tungsten assets in NSW while strengthening its uranium portfolio in Canada’s Athabasca Basin. The company raises $864,000 to fund exploration and drilling programs planned for 2025/26.

Codrus Minerals has launched a major drilling campaign at its Bull Run Gold Project in Oregon, revealing promising high-grade gold and copper assay results, while also advancing uranium exploration in Canada and raising $1.24 million to fund its growth.

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.

Mamba Exploration Limited has decided to restart gold exploration at its Ashburton Project in Western Australia, backed by a strategic review and a cash position of $579,000. Historical data points to promising high-grade gold targets, setting the stage for a detailed exploration program.

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.

Thunderbird Resources reports standout gold and antimony assay results from NSW projects, while reshaping its copper and uranium joint ventures in Peru and Canada.

Infini Resources has identified extensive shallow bedrock conductors over 10 km long at its Reynolds Lake Uranium Project, signalling promising near-surface uranium mineralisation in a historically underexplored region of the Athabasca Basin.

Thunderbird Resources reports further high-grade gold assay results from its Kookabookra Project in NSW, revealing new target areas and preparing for maiden drilling later this year.

Terra Uranium Limited (ASX, T92) has agreed to acquire Dundee Resources Pty Ltd, gaining control of the Glen Eden project, the largest undeveloped tungsten-molybdenum deposit in New South Wales, backed by a $865,000 placement to fund exploration.

Piche Resources has expanded its Ashburton Uranium Project in Western Australia by applying for a new tenement adjoining its existing holdings, following strong 2024 drilling results that confirmed significant uranium mineralisation.

NexGen Energy has secured regulatory approval for a significant infrastructure upgrade at its Rook I uranium project, setting the stage for expanded exploration and operational efficiency in 2025.

Thunderbird Resources has entered a strategic option agreement with Mustang Energy, enabling Mustang to acquire up to 80% of two promising uranium projects in Canada’s Athabasca Basin while Thunderbird sharpens its focus on gold-antimony assets in New South Wales.