Alligator Energy Begins Uranium Extraction at Samphire as Feasibility Study Starts

Alligator Energy Ltd ( (AU:AGE) ) has issued an announcement.

Alligator Energy has transitioned its Samphire uranium project into a Field Recovery Trial, completing pilot plant commissioning and beginning uranium extraction during the March 2026 quarter. Early post-quarter results show recovery performance, wellfield permeability and pilot plant operating parameters meeting or exceeding expectations, validating the in-situ recovery approach under field conditions.

The company has also launched a Bankable Feasibility Study for Samphire, aiming to feed real operational data from the trial into development planning and de-risk the project. Governance and leadership have been strengthened to support the shift toward development, with upcoming catalysts including further trial results, an updated Mineral Resource Estimate incorporating the Plumbush prospect, and drilling outcomes from an intensive campaign at Samphire.

The most recent analyst rating on (AU:AGE) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Alligator Energy Ltd stock, see the AU:AGE Stock Forecast page.

More about Alligator Energy Ltd

Alligator Energy Ltd is an ASX-listed uranium company focused on advancing the Samphire project in South Australia. The company is progressing from project construction to potential production through in-situ recovery technology, targeting growth in uranium resources and positioning itself within the nuclear fuel supply chain.

Average Trading Volume: 25,497,709

Technical Sentiment Signal: Buy

Current Market Cap: A$199.7M

Learn more about AGE stock on TipRanks’ Stock Analysis page.