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Alligator Energy Limited (ASX:AGE)

ALERT: Price-sensitive ASX Announcement for AGE
Current share price for AGE : $0.042 -0.01 (-19.23%)+
Announcement
Release
30 Jul 2026 3:54PM
Price at Release
$0.052
Full Release
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Summary
The quarterly report for Alligator Energy Limited, ending 30 June 2026, highlights significant progress in the Samphire Uranium Project, with a 70% uranium recovery from the Samphire FRT well pattern and a new Mineral Resource Estimate at Plumbush, increasing the project’s potential. The company secured a strategic option over the Mullaquana Crown Lease, resumed drilling at Big Lake Uranium Project, and completed the divestment of Northern Territory assets. Financially, Alligator reported a net operating cash outflow of $1.735 million and ended the quarter with $12.933 million in cash. Key corporate changes included the appointment of interim CFO Blayney Morgan and Company Secretary Jake van der Hoek.
Key Points
  • Completion of the first Samphire FRT well pattern achieving 70% uranium recovery.
  • Maiden 12 Mlbs U3O8 Inferred Mineral Resource Estimate at Plumbush deposit.
  • Binding call option over Mullaquana Crown Lease for exploration access.
  • Drilling resumed at Big Lake Uranium Project after weather delay.
  • Divestment of Northern Territory uranium assets to DevEx Resources for $7.5 million.
  • Invested $4.229 million in exploration and evaluation activities.
  • Net operating cash outflow of $1.735 million; cash end of quarter at $12.933 million.
  • Appointment of Blayney Morgan as interim CFO and Jake van der Hoek as Company Secretary.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.