AGE Price sensitive 7 Oct 2026, 9:52 AM

Drilling Extends Area of Mineralisation at Samphire

Alligator Energy Ltd

Drilling Extends Mineralisation at Samphire

Key points

  • New uranium mineralisation discovered 1 km south of Blackbush
  • Significant intersections above a 250ppm eU3O8 cut-off
  • Drilling continues to expand mineralised footprint along Blackbush-Plumbush corridor

Full summary

Alligator Energy Ltd announced further drilling results from the southern extension of the Blackbush deposit at its Samphire Uranium Project. Recent drilling has extended the interpreted mineralised trend by approximately 1 km, with mineralisation remaining open at both ends of the newly tested trend. New uranium mineralisation above a 250ppm eU3O8 cut-off has been intersected approximately 1 km south of the previously southernmost known mineralised drill hole at Blackbush, extending the known mineralised footprint along the Blackbush-Plumbush corridor. Drilling within this previously untested section of the Blackbush-Plumbush corridor has confirmed the continuation of the channel, significantly expanding the prospective area for broader uranium mineralisation between the two deposits.

Outlook

The company plans to continue drilling until late Q4 2026, focusing on defining the extent and continuity of mineralisation above cut-off.

Summary generated by a large language model. Please interpret with care.

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