Alligator Energy’s Stake in EnviroCopper Advances with Trial Approval

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

Alligator Energy Ltd has announced that EnviroCopper Limited, in which it holds a 15.6% stake, has received approval to conduct a Site Environmental Lixiviant Trial (SELT) at its Kapunda Project in South Australia. This trial aims to test the feasibility of extracting copper using ISR technology, which could lead to further feasibility studies and a potential mining lease application. The trial is funded by BHP and is expected to run from late 2025 into early 2026. Successful results could significantly enhance Alligator’s ISR capabilities and market positioning, while also attracting international investment for further development.

The most recent analyst rating on (AU:AGE) stock is a Buy with a A$0.10 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 a company engaged in the development and production of In-Situ Recovery (ISR) technology, primarily focusing on uranium and copper extraction. The company has a significant investment in EnviroCopper Limited, which specializes in copper ISR projects in South Australia.

Average Trading Volume: 9,042,235

Technical Sentiment Signal: Sell

Current Market Cap: A$120.1M

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