Alligator Energy Unveils Samphire Growth Strategy
Key points
- Samphire Uranium Project located near Whyalla, South Australia
- Field Recovery Trial completed with successful results
- Resource upgrade by 67% to 30 million pounds of U3O8
- Binding call option over Mullaquana Crown Lease secured
- Targeting production in 2030/2031
Full summary
Alligator Energy Ltd. has presented its Samphire Growth Strategy, focusing on the Samphire Uranium Project near Whyalla, South Australia. The strategy includes the successful completion of a Field Recovery Trial, which met or exceeded all industry benchmarks, and a resource upgrade by 67% to 30 million pounds of U3O8. The company has secured a binding call option over the Mullaquana Crown Lease, unlocking potential for further exploration and resource growth. Alligator Energy aims to target production in 2030/2031, with an accelerated drilling campaign underway to further increase the mining inventory.
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