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Boss Energy Ltd (ASX:BOE)

ALERT: Price-sensitive ASX Announcement for BOE
Current share price for BOE : $1.215 -0.415 (-25.46%)+
Announcement
Release
19 Mar 2026 9:12AM
Price at Release
$1.630
Full Release
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Summary
Boss Energy Ltd has reported updated Mineral Resource Estimates (MRE) for its satellite uranium deposits, Gould’s Dam and Jason’s Deposit, located near its Honeymoon Operation in South Australia. The total Mineral Resource for Gould’s Dam is estimated at 38.7 million tonnes at 388ppm U3O8, containing 33.1 million pounds of U3O8, which marks a 30% increase in total uranium. For Jason’s Deposit, the total MRE is 13.3 million tonnes at 410ppm U3O8, amounting to 12.0 million pounds of U3O8. The development pathway for both deposits has accelerated, with all technical studies for permitting applications underway, and state and federal approvals processes expected to commence in the second half of CY26. The permitting process is anticipated to take up to two years, with an additional six to twelve months needed for the Program for Environment Protection and Rehabilitation (PEPR) approval process.
Key Points
  • Gould’s Dam total MRE is 38.7Mt at 388ppm U3O8.
  • Jason’s Deposit total MRE is 13.3Mt at 410ppm U3O8.
  • Resource updates follow additional drilling and improved geological understanding.
  • Development pathways for Gould’s Dam and Jason’s Deposit have been accelerated.
  • State and Federal approvals process targeted to start in the second half of CY26.
  • Permitting process and PEPR approval process expected to take up to 30 to 36 months.
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.