Latest Uranium Exploration News

QX Resources has acquired 100% of the Madaba Uranium Project in Tanzania, a site with promising historical uranium grades, and is raising $2.3 million to advance exploration and development.

Connected Minerals has kicked off its Phase 2 reverse circulation drilling at the Ondapanda Prospect within Namibia’s Etango North-East Uranium Project, building on promising Phase 1 results that revealed multiple economic-grade uranium intersections.

Orpheus Uranium Limited has completed the acquisition of key exploration licenses in South Australia's Pirie Basin, expanding its uranium exploration footprint in a promising sedimentary uranium province.

Pioneer Lithium has completed extensive sampling at its Skull Creek Uranium Project in Colorado, revealing large-scale radiometric anomalies that suggest significant uranium potential. The company is now awaiting assay results and preparing for drilling amid supportive US uranium policies.

Infini Resources has pinpointed 14 high-priority uranium exploration targets at its Reynolds Lake Project in Saskatchewan, setting the stage for a detailed field program starting September 2025. This development complements its broader uranium exploration strategy in the Athabasca Basin region.

Tombador Iron Limited is set to transform itself by acquiring GoviEx Uranium, creating a new ASX-listed uranium company focused on Zambia’s Muntanga Project. This deal includes a significant capital raise and board overhaul, aiming for a November 2025 completion.

Global Uranium and Enrichment Limited reports promising initial drill results from its Pine Ridge Uranium Project in Wyoming, confirming significant uranium mineralisation and expanding its land holdings.

Laramide Resources has made significant progress in advancing its uranium projects across the US, Australia, and Kazakhstan, highlighted by key permitting milestones under the US FAST-41 framework and a successful $12 million private placement to fund development.

Laramide Resources Ltd. reported a reduced net loss of CAD 1.05 million for H1 2025, converting USD 3.5 million of debt into equity and securing a $12 million private placement to bolster its uranium exploration projects.

Greenvale Energy has significantly expanded its Douglas River Uranium Project in the Northern Territory’s Pine Creek region, nearly doubling its exploration footprint with two new licence applications. This strategic move positions the company strongly within one of Australia’s premier uranium provinces.

Lincoln Minerals Limited has announced a pro-rata renounceable entitlement issue to raise approximately $1.5 million, partially underwritten by Mahe Capital Pty Ltd, to fund exploration across multiple projects including copper, uranium, graphite, and magnetite.

Infini Resources has raised A$3 million through a flow-through share placement at a significant premium, fueling Phase 2 drilling at its Portland Creek Uranium Project in Canada. The capital raise underscores strong investor confidence ahead of a critical exploration push.