Latest Uranium Exploration News

Lion Rock Minerals has confirmed a major expansion of its mineralised footprint at the Minta Rutile and Monazite Projects in Cameroon, backed by significant funding rounds including a strategic partnership with Tronox Holdings. The company is well-positioned to accelerate exploration and resource definition into 2026.

Strata Minerals has resumed diamond drilling at its Penny South Gold Project targeting extensions of known mineralisation and secured an option to acquire the Zelica Gold Project, enhancing its Western Australian portfolio.

Gibb River Diamonds has begun mining at its Edjudina Gold Project in Western Australia, stockpiling high-grade ore and securing a processing deal with Black Cat Syndicate. First cash proceeds are expected by early 2026, marking a pivotal step for the company.

Lodestar Minerals has agreed to acquire a major heavy rare earth element project in Arizona, positioning itself near the US's only active rare earth mine amid tightening Chinese export controls. The $3.25 million placement backs immediate exploration plans.

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Odessa Minerals advances its Lyndon Project with promising base metal assays and uranium exploration, backed by a $1.15 million capital raise and a strategic board appointment.

Infini Resources has raised approximately A$12 million through a premium-priced Flow-Through Share placement and a concurrent share placement, fueling expanded uranium drilling programs across key Canadian projects.

Deep Yellow Limited reported a $10.6 million operating cash outflow for the September quarter but maintains a robust cash position with over $203 million on hand, supporting an estimated 14 quarters of funding.

American Uranium has initiated Phase 1 of a two-stage drilling campaign at its Lo Herma ISR Uranium Project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource ahead of key 2026 milestones.

Energy Metals Limited has reported promising uranium mineralisation from recent drilling at its Walbiri South and Penrynth prospects in the Northern Territory’s Ngalia Basin, highlighting potential for economic deposits.

Greenvale Energy has launched a new phase of exploration at its Oasis Uranium Project, leveraging advanced magnetic and satellite data to identify promising growth opportunities beyond known mineralisation.

Basin Energy has confirmed substantial uranium mineralisation across three key projects in northern Sweden, validating historical data and positioning itself ahead of the anticipated lifting of Sweden's uranium exploration ban in 2026.