Latest Uranium Targets News

QX Resources reduced its annual loss and ended June with $1.64 million in cash, but its auditor has warned that the company must raise more money to keep operating. The Madaba uranium project has produced a sizeable conceptual exploration target, yet it remains some distance from a mineral resource.

Antares Metals delivered its busiest exploration year yet, reporting high-grade copper, uranium and gold results across Queensland and Western Australia. But the explorer ended FY2026 with just $581,438 in cash, while its auditor flagged a material uncertainty over its ability to continue as a going concern.

Sabre Resources has expanded into a 4,000-square-kilometre Northern Territory gold and copper-gold portfolio, but its FY2026 loss more than doubled as cash declined. The company now has drilling underway and fresh capital, alongside a growing funding and dilution burden.

DevEx Resources has emerged from FY2026 with a 9,200 square kilometre uranium landholding in the Northern Territory, $27.2 million in cash and a multi-target drilling campaign underway. Early alteration at KP and shallow mineralisation at Big Radon provide technical encouragement, but the exploration case remains dependent on follow-up drilling and assays.

Greenvale Energy has identified six additional uranium targets at its Thunderball Project in the Northern Territory, tied to a newly interpreted fault structure and coincident geophysical anomalies. Early laboratory results also support uranium anomalism at Wildcard South and along a possible Hayes Creek Fault splay, although drilling has yet to begin.

Atomic Eagle has identified broad interpreted uranium zones at two early-stage exploration targets in Zambia, including a 600m by 200m zone at Muntanga North Target 5. The company still needs follow-up drilling to establish whether the mineralisation is continuous and significant enough to support resource growth.

Infini Resources has kicked off an extensive 5,000-meter diamond drilling campaign at its Portland Creek Uranium Project in Newfoundland, aiming to unlock a large hydrothermal uranium system revealed by recent geophysical surveys.

Greenvale Energy has updated assay data for its 9km uranium paleochannel target at the Thunderball Project in the Northern Territory, confirming anomalous uranium readings and progressing permitting for maiden drilling.

Greenvale Energy has identified a substantial 9km-long paleochannel uranium target at its Thunderball Project in the Northern Territory, setting the stage for maiden drilling and further geophysical surveys.

Powerhaus Uranium launches an IPO to raise up to A$10 million, aiming to accelerate uranium exploration in underexplored Argentine provinces and acquire a Canadian Athabasca Basin project. The company’s flagship Malbec Project shows promising early-stage results, with plans for extensive drilling and in-situ recovery methods.

QX Resources has unveiled a significant JORC-compliant Exploration Target for its Madaba Uranium Project in Tanzania, estimating 18–33 million pounds of uranium oxide at grades suitable for open-pit mining. The company aims to convert this target into a maiden Mineral Resource with drilling planned for late 2026.

Cauldron Energy has refined its uranium exploration strategy at the Bennet Well deposit by reprocessing historic seismic data, uncovering multiple new high-priority targets and extending known palaeochannels. Initial drilling on these targets is imminent as part of the 2026 program.