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QX Resources Ltd ( (AU:QXR) ) has issued an announcement.
QX Resources has continued to advance work at its Madaba Uranium Project in southern Tanzania during the December 2025 quarter, with a detailed review and digitisation of historical drilling data confirming high-grade uranium mineralisation and stacked seams that present substantial targets for further drilling. To accelerate exploration and better define extensions of known uranium occurrences, the company has contracted New Resolution Geophysics to conduct a high-resolution helicopter-borne radiometric and magnetic survey over Madaba, a significant step up from the wide-spaced government surveys of the late 1970s–80s and expected to improve drill-target delineation and prioritisation for the project.
The most recent analyst rating on (AU:QXR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on QX Resources Ltd stock, see the AU:QXR Stock Forecast page.
More about QX Resources Ltd
QX Resources Ltd is an ASX-listed exploration company focused on mineral resource projects, currently advancing uranium exploration assets in Tanzania. The company targets highly prospective geological settings analogous to established world-class uranium deposits, leveraging experienced consultants with historical knowledge of the regions it explores.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.58M
Learn more about QXR stock on TipRanks’ Stock Analysis page.