Latest Athabasca Basin News

IsoEnergy Ltd. has agreed to acquire Toro Energy Ltd. in a deal that significantly expands its uranium portfolio, adding the Wiluna Uranium Project in Western Australia and creating a diversified, top-tier uranium development platform.

DevEx Resources has identified extensive multi-element uranium anomalies at its Murphy West Project in the Northern Territory, showing geochemical parallels to Queensland’s Junnagunna deposit. The company is advancing towards drilling in early 2026 to test these promising targets.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.

Infini Resources has identified visible uraninite at its Reitenbach Lake project and confirmed widespread radiometric anomalies at Reynolds Lake, advancing its uranium exploration in Saskatchewan. Assay results expected in Q4 2025 will guide a potential drilling campaign in 2026.

Mustang Energy has initiated a significant 2,000-metre diamond drilling campaign at the Surprise Creek Uranium-Copper Project in Canada’s Athabasca Basin, aiming to extend previously identified high-grade uranium mineralisation.

Infini Resources has broadened its exploration footprint in Saskatchewan by extending its Reynolds Lake field program to include promising new electromagnetic anomalies at the adjacent Reitenbach Lake Uranium Project. Early geophysical and geochemical results hint at potential shallow uranium mineralisation.

Paladin Energy Ltd has launched a significant A$300 million underwritten equity raising to advance its Patterson Lake South uranium project and support the ramp-up of its Langer Heinrich Mine, reinforcing its position in the global uranium market.

Global Uranium and Enrichment Limited reports promising uranium intercepts from ongoing drilling at its Pine Ridge Project, reinforcing its development potential in the Powder River Basin.

Infini Resources has launched a significant Phase 2 drilling program at its Portland Creek uranium project in Canada, aiming to unlock a potentially world-class uranium deposit amid a tightening global supply landscape.

Infini Resources has initiated its maiden field program at the Reynolds Lake Uranium Project in Canada’s Athabasca Basin, aiming to advance exploration targets ahead of a potential 2026 drill campaign.

Paladin Energy’s 2025 Annual Report reveals a pivotal year marked by operational ramp-up at Namibia’s Langer Heinrich Mine and the strategic acquisition of Fission Uranium in Canada, positioning the company for multi-decade growth amid a tightening uranium market.

Basin Energy Limited has secured $1.25 million to advance exploration of uranium and rare earth metals across strategic Tier-1 jurisdictions, positioning itself amid rising global demand for clean energy minerals.