Latest Uranium Exploration News

Peninsula Energy reported a $7.3 million operating cash outflow for Q3 2025, alongside securing a $12.6 million convertible debt facility to advance its Lance Project in Wyoming. The company ends the quarter with $36 million in cash, supporting an estimated six quarters of funding.

Piche Resources has secured crucial environmental approvals for its Argentine projects, setting the stage for an extensive drilling campaign at Cerro Chacón and advancing uranium exploration at Sierra Cuadrada and Ashburton.

Heavy Rare Earths Limited has completed acquisition of full mineral rights at its Prospect Hill Tin Project, setting the stage for a maiden resource estimate at the promising South Ridge prospect. Concurrently, the company advances uranium exploration across South Australia while strengthening its board.

Codrus Minerals has completed its inaugural drilling campaign at the Bull Run Gold Project with promising assay results, while advancing uranium exploration in Canada and managing a cautious cash position.

Deep Yellow Limited has reported promising uranium mineralisation results from its recent drilling campaign at the Tinkas prospect in Namibia, adjacent to its flagship Tumas Project. The findings reveal thick mineralised zones that could enhance the company’s resource base.

Infini Resources Limited has launched a C$10 million flow-through share offer to fund exploration at its Canadian uranium projects, aiming to advance drilling programs while navigating regulatory and market risks.

Infini Resources has launched Phase 2 diamond drilling at its Portland Creek Uranium Project and secured over A$15 million in funding, while strengthening its board with key appointments. The company advances exploration across multiple Canadian uranium projects, signaling a strategic push in high-grade uranium assets.

Haranga Resources has completed its acquisition of the Lincoln Gold Project in California and reported high-grade gold results from its Senegal project, backed by a $14 million capital raise to fast-track exploration and development.

Greenvale Energy’s recent spectral gamma logging at the Oasis Uranium Project reveals significant high-grade uranium extensions, reinforcing the deposit’s scale potential and prompting a new trenching program.

Eclipse Metals has advanced its Greenland rare earths project with expanded drilling and a key licence renewal, while preparing for a NASDAQ dual listing to tap North American investors.

Boss Energy Limited reported a solid cash flow performance for the September 2025 quarter, ending with nearly A$48 million in unrestricted cash, underpinning its ongoing uranium exploration and development activities.

Australian Rare Earths Limited (ASX, AR3) reported strong progress in its Koppamurra Rare Earths Project with high recovery rates and production milestones, while also expanding and resuming drilling at its Overland Uranium Project. The company bolstered its financial position through government grants and option exercises.