Latest Uranium Exploration News

Heavy Rare Earths Limited (ASX:HRE) advanced its uranium exploration footprint in South Australia with a key asset acquisition and bolstered its balance sheet through a $2.46 million capital raise during the December 2024 quarter.

NGX Limited reports significant progress in its uranium exploration in Namibia and graphite development in Malawi, alongside strategic leadership changes and a strong financial position.

Infini Resources has initiated its first diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, targeting exceptional uranium soil anomalies with the potential for a major discovery in a tier-1 jurisdiction.

Moab Minerals reports significant progress in its uranium exploration portfolio, including pending drill results at Manyoni, acquisition of strategic tenements in Tanzania, and permitting for a follow-up drill program at the REX project in Colorado.

Connected Minerals Ltd has secured a key Exclusive Prospecting Licence in Namibia’s prolific uranium region, initiating immediate exploration activities that could expand its resource footprint.

Greenvale Energy has significantly expanded its uranium portfolio with key acquisitions in the Northern Territory and Queensland, supported by promising airborne survey results and progress in its Alpha Torbanite Project.

BOSS Energy Limited's December quarter cash flow report reveals a $7.9 million net cash outflow from operations and a slight reduction in cash reserves to $65.2 million, underscoring ongoing investment in exploration activities.

Energy Metals Limited reports robust assay results from its Bigrlyi Joint Venture and strategic progress across its Northern Territory projects, supported by a solid cash position and a favorable uranium market outlook.

Energy Metals Limited’s recent drilling at Walbiri South confirms the presence of a key uranium-hosting stratigraphic unit, setting the stage for expanded exploration in the Ngalia Basin.

Core Energy Minerals has raised $3.7 million through a two-tranche share placement, attracting a significant investment from Jose Luis Manzano. The funds will underpin exploration efforts across South Australia, Brazil, and Namibia, positioning the company for growth in tier-one uranium jurisdictions.

ENRG Elements Limited has renewed key uranium exploration permits in Niger and reported outstanding trenching assay results, while securing $2.2 million in new funding to advance its projects.

Gladiator Resources reports strong assay results supporting high-grade uranium intersections at its Mkuju Project, with promising extensions identified at Likuyu North. The company also advances exploration at its Eland Project while maintaining a solid cash position.