• Gould's Dam total Mineral Resource Estimate of 38.7Mt @ 388ppm U3O8 for 33.1Mlbs of contained U3O8
• Jason's Deposit total Mineral Resource Estimate of 13.3Mt @ 410ppm U3O8 for 12.0Mlbs of uranium
• Development pathway for both deposits accelerated with permitting applications targeted to commence in H2CY26

Boss Energy has reported updated Mineral Resource Estimates (MREs) for its Gould's Dam and Jason's Deposit uranium projects, which are located near the company's Honeymoon Operation in South Australia. The Gould's Dam deposit has a total MRE of 38.7Mt @ 388ppm U3O8 for 33.1Mlbs of contained U3O8, while the Jason's Deposit has a total MRE of 13.3Mt @ 410ppm U3O8 for 12.0Mlbs of uranium. The updated MREs incorporate additional drilling and an improved understanding of the geology and mineralisation controls derived from the Honeymoon deposit. The company has also been progressing ecological, groundwater and radiological baseline surveys, as well as preliminary technical studies, to support the accelerated permitting of the deposits. The permitting process is on the critical path to bringing both deposits into production, with the company targeting submission of Mining Lease applications during the second half of 2026. The wide-spaced wellfield design being advanced as part of the New Feasibility Study at Honeymoon is also expected to be directly applicable to these satellite deposits, which could potentially deliver a high conversion of resource to wellfield mining inventory through cost-efficient extraction.

The company is targeting submission of Mining Lease applications for the Gould's Dam and Jason's Deposit projects during the second half of 2026. The permitting process is expected to take 24 to 36 months, after which a further six to 12 months will be required for the Program for Environment Protection and Rehabilitation (PEPR) approval process.