Latest Uranium Exploration News

NexGen Energy has expanded the vertical reach of its high-grade uranium zone at Patterson Corridor East by a third, underpinning the ongoing growth of its flagship Rook I Project as construction nears.

Deep Yellow Limited’s latest drilling at Namibia’s Tinkas Prospect confirms substantial uranium mineralisation, while a seismic survey in Australia’s Alligator River Project sharpens drill targeting for 2026.

Aurora Energy Metals has completed the sale of its Aurora Uranium Project to Eagle Nuclear Energy, receiving US$17.1 million in equity and holding rights to up to US$10 million in milestone payments plus a 1% royalty. The transaction strengthens Aurora's balance sheet and ushers in a new leadership phase.

Taiton Resources has raised $1.25 million through a discounted placement to accelerate drilling at its Highway Copper-Gold Project, including immediate work on the high-priority Yogi IOCG target, alongside exploration at Challenger West and technical studies at Kingsgate.

Infini Resources is showcasing its Canadian uranium portfolio at the Ignite Investment Summit 2026, underscoring recent district-scale mineralisation and ambitious drilling campaigns planned across its Portland Creek and Athabasca margin projects.

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.