Latest Uranium Exploration News

Orpheus Uranium has secured key regulatory approvals for advanced exploration across multiple projects and raised $4.37 million, including a cornerstone investment from IsoEnergy, as it prepares for a busy 2026 drilling season.

Koba Resources has launched a 2,500m drilling campaign at its Everest Prospect within the Yarramba Uranium Project, aiming to expand on last year’s high-grade uranium discoveries across a 4km strike. Results are anticipated in May as the company targets thicker, higher-grade zones amid a strong uranium market.

Cauldron Energy Limited (ASX: CXU) has been included in the BetaShares Global Uranium ETF (ASX: URNM), which currently holds over 15.7 million shares valued at approximately $678,000. This inclusion is expected to increase institutional visibility and broaden investor access amid growing global interest in uranium.

Toro Energy and IsoEnergy have agreed to extend the deadline for their acquisition scheme to June 30, 2026, alongside a $2 million bridging loan to support Toro during the extended process. The deal remains unanimously recommended by Toro’s independent board committee, pending shareholder and court approvals.

Infini Resources has finalised drill targets for a maiden 2,500m diamond drilling campaign at its Reynolds Lake and Reitenbach Lake uranium projects, aiming to unlock the potential of a large, underexplored uranium system on the eastern margin of the Athabasca Basin.

QX Resources has obtained the last two exploration licences for its Madaba Uranium Project in Tanzania, paving the way for a high-resolution survey and maiden drilling program. The company is well-funded and advancing environmental assessments to meet regulatory requirements.

Greenvale Energy has promoted Alex Cheeseman from CEO to Managing Director as the company prepares for a pivotal 2026 field season across its uranium projects in the Northern Territory and Queensland.

Marmota Limited has finalised the drill program design for its Target 4 uranium prospect at Junction Dam, targeting a previously untested palaeochannel extension near Boss Energy’s Jason resource. The company also addresses a legal challenge to its tenement, reinforcing its strong position ahead of a major exploration push.

Renascor Resources reports significant cobalt and copper mineralisation from its recent Bulloo Creek drilling program, while advancing exploration across South Australia’s Olary, Marree, Wooltana, and Tumby Bay projects.

QX Resources has confirmed multiple high-grade uranium zones at surface within its Madaba Uranium Project in Tanzania, identifying nine immediate drill targets. Planned exploration aims to rapidly advance towards a maiden resource.

Infini Resources has appointed seasoned Canadian contractors to launch its inaugural diamond drilling program at its Reynolds and Reitenbach Lake uranium projects, aiming to unlock high-grade uranium potential in the Athabasca Basin’s eastern margin.

Alligator Energy has appointed Dr Andrea Marsland-Smith as Managing Director in addition to her CEO role, while preparing for the retirement of veteran Non-Executive Director Peter McIntyre following a key project milestone.