InvestSMART

Orpheus Uranium Limited (ASX:ORP)

ALERT: Price-sensitive ASX Announcement for ORP
Current share price for ORP : $0.100 0.002 (2.04%)+
Announcement
Release
24 Jul 2026 9:23AM
Price at Release
$0.098
Full Release
download
Summary
Orpheus Uranium Limited's Quarterly Activities Report for June 2026 highlights their continued progress in uranium exploration projects across Australia. Key developments include the commencement of the inaugural drilling program at the Frome Project in South Australia, following regulatory approvals and collaboration with the Adnyamathanha people. The company also expanded its Marree Project through the acquisition of additional exploration licenses from Adavale Resources. The Oobagooma Project acquisition in Western Australia is progressing with extended timelines for completion. Financially, Orpheus reported cash and liquid investments totaling $6.01M at the end of the quarter. The company remains focused on advancing its strategic portfolio of uranium assets in South Australia, the Northern Territory, and Western Australia.
Key Points
  • Commencement of inaugural drilling program at the Frome Project.
  • Expansion of the Marree Project with additional exploration licenses.
  • Progress on the Oobagooma Project acquisition in Western Australia.
  • Completion of heritage surveys and stakeholder engagements.
  • Financial position with $6.01M in cash and investments.
  • Focus on portfolio development for uranium assets in Australia.
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.