Latest Uranium Exploration News

Atomic Eagle Limited has reported significant shallow uranium mineralisation from its maiden drilling at Muntanga East in Zambia, with a maiden resource estimate expected later this quarter. The results highlight potential for low-strip open-pit mining and support the company’s broader growth ambitions.

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.

Noronex Limited has accelerated its drilling programs across key Kalahari Copper Belt projects, secured a strategic placement, and agreed to sell its Witvlei asset, positioning itself for uranium exploration in Namibia.

Elevate Uranium Ltd has completed a $25 million capital raising and is nearing steady state operations of its U-pgrade pilot plant in Namibia, while expanding its uranium resource portfolio through extensive drilling and a strategic acquisition from Core Lithium Ltd.

West Wits Mining has raised A$27.5 million through a firm equity placement, fully funding its Qala Shallows gold project to first production targeted for March 2026, while also advancing uranium exploration.

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.

Atomic Eagle Limited has completed a 69-hole drilling program at its Chisebuka target in Zambia, revealing extensive shallow uranium mineralisation and setting the stage for a major resource upgrade across the Muntanga Project.

Ragnar Metals has confirmed high-grade uranium mineralisation at surface over a 150m strike at its Klockartorpet Project in Sweden, revealing a 1km long uranium anomaly and multiple untested targets. The findings set the stage for further exploration and drilling plans.

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.

Global Uranium and Enrichment Limited has completed a major 2025 drilling campaign at its Pine Ridge Uranium Project in Wyoming, confirming widespread uranium mineralisation across multiple sandstone horizons. The results reinforce the project's potential for in-situ recovery development in a premier US uranium basin.

Toro Energy has secured a crucial Foreign Investment Review Board approval for its acquisition by IsoEnergy, moving the deal closer to completion. Shareholder and court approvals remain as the next steps.