Latest Uranium Exploration News

Bannerman Energy Ltd reported a robust cash position of AUD 111.76 million at the end of September 2025, underpinning an estimated 13.5 quarters of operational funding despite ongoing exploration expenditures.

American Uranium has mobilised a drill rig ahead of schedule at its Lo Herma ISR uranium project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource through a two-phase drilling campaign.

Patronus Resources confirms exceptional uranium grades from recent drilling at Thunderball, revealing a new geological model that could unlock over 30km of prospective ground in the Pine Creek Project.

Orpheus Uranium Limited has agreed to acquire the Oobagooma Uranium Project in Western Australia, unlocking significant historical uranium mineralisation and exploration potential in the Canning Basin.

Deep Yellow Limited’s recent drilling campaign at the S-Bend prospect near its flagship Tumas Project in Namibia confirms significant shallow uranium mineralisation, potentially extending the project’s lifespan beyond 30 years.

Infini Resources has significantly expanded its landholding at the Portland Creek Uranium Project in Newfoundland by 68%, staking 410 new mineral claims. Early drilling results reveal encouraging uranium and molybdenum mineralisation, setting the stage for further exploration.

Infini Resources has intersected widespread high-grade uranium and polymetallic mineralisation in its Phase 2 drilling at Portland Creek, Newfoundland, validating its exploration model and hinting at a district-scale hydrothermal system.

Uvre Limited has gained approval for a secondary listing on the New Zealand Stock Exchange, complementing its ASX listing and enhancing access to New Zealand investors. This move aligns with its expanding gold exploration projects across New Zealand.

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.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

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.

Pioneer Lithium refines its exploration focus, prioritizing its US uranium projects with Skull Creek nearing drill readiness, while withdrawing from a Namibian uranium asset to optimize capital and value creation.