Latest Uranium Exploration News

Peak Minerals has completed a key phase of rutile exploration at its Minta Project in Cameroon, reporting promising heavy mineral findings and appointing a seasoned mining executive as CEO. The company also secured $2 million through a shareholder entitlement offer to fund ongoing activities.

GTI Energy reports positive uranium leach test results at its Lo Herma ISR Uranium Project, confirming mineralisation amenable to alkaline in-situ leach with recoveries around 75%. The company’s scoping study is on track for Q2 2025, supported by updated resource estimates and hydrogeological data.

Pioneer Lithium Ltd has bolstered its uranium portfolio with acquisitions in Colorado and Namibia, confirmed significant mineralisation, and secured $1.62 million to fund exploration under new CEO Michael Beven.

Heavy Rare Earths Limited (ASX:HRE) has expanded its uranium exploration footprint through a significant asset acquisition in South Australia and advanced geophysical surveys, positioning itself for targeted drilling in 2025.

ENRG Elements Limited has completed a strategic overhaul with new management, significant cost reductions, and a renewed focus on its Agadez Uranium Project, while exiting several lithium assets.

Norfolk Metals has secured a binding earn-in agreement to acquire a majority stake in the Carmen Copper Project in Chile, backed by a $1 million capital raising commitment. The company is progressing exploration plans alongside ongoing work at its uranium and gold-copper projects.

Australian Rare Earths Limited (ASX: AR3) has secured a $5 million government grant to advance its Koppamurra Rare Earths Project, confirmed promising uranium mineralisation at its Overland Project, and raised $3.6 million through a rights issue to accelerate development.

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.

Adavale Resources has completed the acquisition of a 72.5% stake in the Parkes Gold and Copper Project, delivering promising early exploration results and securing $722,000 in new funding to support upcoming drilling programs.

Greenvale Energy has completed the acquisition of the high-grade Oasis Uranium Project in Queensland and successfully raised $1.8 million to fund upcoming exploration programs, marking a significant step in its uranium portfolio expansion.

Global Uranium and Enrichment Limited has completed a transformative acquisition of the Pine Ridge Uranium Project in Wyoming, backed by a A$10 million capital raise and strategic partnership with Snow Lake Energy. This positions the company for near-term uranium production in the US’s premier ISR basin while advancing multiple other uranium assets.

Alligator Energy Limited has made significant strides in its uranium exploration and development projects, securing critical regulatory approvals and advancing field operations while maintaining a robust cash position. The company’s strategic investments and ongoing drilling programs position it well amid a strengthening uranium market.