Latest Uranium Exploration News

West Wits Mining has raised A$27.5 million through a firm equity placement, fully funding its Qala Shallows gold project to first production targeted for March 2026, while also advancing uranium exploration.

Infini Resources has confirmed widespread uranium anomalism across its Reynolds and Reitenbach Lake projects, including standout high-grade results at the Titus Prospect. These findings set the stage for a fully funded maiden drilling campaign in mid-2026.

NexGen Energy has announced a significant 23% vertical expansion of its high-grade uranium subdomain at Patterson Corridor East, alongside the commencement of a record 45,500-meter drilling campaign for 2026. This development underscores the company's advancing exploration momentum in the Athabasca Basin.

Atomic Eagle Limited has completed a 69-hole drilling program at its Chisebuka target in Zambia, revealing extensive shallow uranium mineralisation and setting the stage for a major resource upgrade across the Muntanga Project.

Ragnar Metals has confirmed high-grade uranium mineralisation at surface over a 150m strike at its Klockartorpet Project in Sweden, revealing a 1km long uranium anomaly and multiple untested targets. The findings set the stage for further exploration and drilling plans.

Infini Resources has expanded its Reitenbach Lake Uranium Project footprint by 31%, adding over 8,900 hectares adjacent to the Athabasca Basin in northern Saskatchewan. The company is preparing for a maiden drill program in Q2 2026 following imminent assay results.

Global Uranium and Enrichment Limited has completed a major 2025 drilling campaign at its Pine Ridge Uranium Project in Wyoming, confirming widespread uranium mineralisation across multiple sandstone horizons. The results reinforce the project's potential for in-situ recovery development in a premier US uranium basin.

Toro Energy has secured a crucial Foreign Investment Review Board approval for its acquisition by IsoEnergy, moving the deal closer to completion. Shareholder and court approvals remain as the next steps.

Infini Resources has strategically expanded its Portland Creek Uranium Project in Newfoundland by acquiring adjacent mineral licences, increasing its landholding by 30% and reinforcing its position in a promising uranium district.

DevEx Resources has successfully raised nearly $7 million through an oversubscribed Share Purchase Plan, significantly exceeding its initial $3 million target to fund expanded uranium exploration in Australia’s Northern Territory.

Infini Resources has confirmed high-grade uranium mineralisation at surface in its Reitenbach Lake project with a standout 1.90% U3O8 assay, advancing its exploration towards a maiden drill campaign planned for mid-2026.

Global Uranium and Enrichment Limited (GUE) has registered its scheme booklet with ASIC, detailing the proposed acquisition by Snow Lake Resources Ltd. The independent expert report supports the fairness and reasonableness of the deal, with GUE directors unanimously recommending shareholder approval.