Samphire Extensional Drilling Commences
Released
Released
Announcement PDF
ASX Announcement
8 July 2026
Highlights
• The drilling program targets significant resource growth potential through testing of
the southern extension of the Blackbush deposit (18 Mlbs U₃O₈1
), expansion of the
Plumbush deposit (12 Mlbs U₃O₈2
), and the prospective corridor between the two
deposits.
• Drilling results expected to underpin the next Mineral Resource update expected in
Q1 2027 and increase the Mining inventory of the Bankable Feasibility Study
currently underway.
• Rapid execution of Alligator's Samphire growth strategy, progressing key value
drivers following completion of the Mullaquana transaction3
.
Alligator Energy Ltd (ASX: AGE, Alligator or the Company) is pleased to advise that drilling
has commenced on the Mullaquana Crown Lease (Figure 1), marking the first exploration activities
on this area following execution of the recent call option to purchase the property.
The drilling program of c. 300 drill holes representing the next phase of resource growth at the
Samphire Project following the recent 67% increase in the Project Mineral Resource to 30 Mlbs
U₃O₈. This initial program is designed to:
• Drill the southern extensions of Blackbush;
• Infill drill at Plumbush to upgrade as much of the Inferred Mineral Resource this year to
Indicated; and
• Testing continuity of mineralisation in the Blackbush and Plumbush corridor.
A map showing these three areas is on the next page.
1 AGE ASX Release 6 May 2025; “Increased Mineral Resource Estimate and Upgrade of Indicated
Resource for the Blackbush Deposit, Samphire U Project”. https://alligatorenergy.com.au/announcements/6942606
2 AGE ASX Release 19 June 2026; Samphire Resource Increases By 67%. https://alligatorenergy.com.au/announcements/7591585
3 AGE ASX Release 19 June 2026; “Option Agreement Secures Crown Lease”.
https://alligatorenergy.com.au/announcements/7591587
Alligator Launches Samphire Growth Strategy with Drilling
Commencing to the South of Blackbush
2
Figure 1: Mullaquana Crown Lease (Station) location showing relative positions of
Blackbush and Plumbush deposits
3
Alligator’s CEO and Managing Director Andrea Marsland-Smith stated: “The rapid
commencement of drilling following execution of the Mullaquana option agreement demonstrates
our commitment to advancing the Samphire Project and executing our growth strategy. The newly
accessible ground has long been recognised as highly prospective, and this program is targeting
opportunities to expand the Mineral Resource and further strengthen the development case for
Samphire as we progress the Bankable Feasibility Study. We look forward to keeping shareholders
informed as results are received."
This announcement was authorised for release by the Board of Alligator Energy Ltd.
Engage with this announcement at the Alligator Energy InvestorHub.
Contacts
For more information, please contact:
Dr Andrea Marsland-Smith
CEO & MD
Mr Blayney Morgan
Interim CFO
For media enquiries, please contact:
Jeffrey Sterlson
General Manager - Government Relations, Communications and Public Affairs
Engagement
js@alligatorenergy.com.au
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