Boss Energy boosts uranium resources at Gould’s Dam and Jason’s Deposit

An update from Boss Energy ( (AU:BOE) ) is now available.

Boss Energy has reported updated mineral resource estimates for its Gould’s Dam and Jason’s Deposit satellite uranium deposits near the producing Honeymoon Operation in South Australia, confirming a combined 45.1Mlbs of contained U3O8. The updates, which reflect additional drilling and improved geological understanding, show significant increases in contained uranium despite lower average grades, with mineralisation remaining open and hosted in permeable sands considered amenable to in-situ recovery mining.

The company has accelerated the development pathway for both deposits, advancing ecological, groundwater and radiological baseline studies as well as technical work to support permitting. Boss plans to lodge mining lease applications in the second half of calendar 2026 and expects that a wide-spaced wellfield extraction design under study at Honeymoon could be applied to these satellite resources, potentially converting a large portion of the resources into mineable inventory and creating material future production sources for stakeholders.

The most recent analyst rating on (AU:BOE) stock is a Sell with a A$1.50 price target. To see the full list of analyst forecasts on Boss Energy stock, see the AU:BOE Stock Forecast page.

More about Boss Energy

Boss Energy is an Australian uranium company focused on the development and production of in-situ recovery uranium projects centered on its Honeymoon Operation in South Australia. The company is advancing nearby satellite deposits, aiming to leverage existing Honeymoon infrastructure to expand production capacity and enhance its position in the global uranium supply chain.

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Technical Sentiment Signal: Sell

Current Market Cap: A$664.2M

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