Latest Athabasca Basin News

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.

Infini Resources is set to resume drilling at its Portland Creek Uranium Project in Q3 2025, following promising early indicators and a seasonal pause. The company also advances exploration with new airborne surveys over its Athabasca Basin projects, positioning itself as a leading junior uranium explorer amid rising nuclear energy interest.

Terra Uranium has completed key airborne geophysics surveys and is gearing up for a coordinated 2025 drilling campaign on its Athabasca Basin projects, positioning itself to benefit from a strengthening uranium market.

Thunderbird Resources advances exploration of high-grade gold and antimony projects in New South Wales, while progressing copper and uranium ventures in Peru and Canada.

Global Uranium and Enrichment Limited is set to launch a major 38,000-metre drilling campaign at its Pine Ridge Uranium Project in Wyoming’s Powder River Basin, aiming to unlock a significant uranium resource in a leading US mining region.

Paladin Energy reports a 17% rise in quarterly uranium production and US$61 million in revenue, while recognizing a US$19.9 million inventory impairment. The company maintains strong liquidity and advances key projects in Namibia and Canada.

Basin Energy has completed a strategic acquisition of uranium and green energy metals assets in Scandinavia, revealing exceptional initial exploration results and expanding its footprint in the Athabasca Basin.