Alligator Energy (ASX: $AGE) update on Samphire uranium project progress

Alligator Energy (ASX: $AGE) has provided an update on the progress at the Samphire Uranium Project, near Whyalla, South Australia. The company is advancing in preparing for the In-Situ Recovery (ISR) Field Recovery Trial (FRT), ongoing 2024 Resource extension drilling at the Blackbush Deposit, and other work programs.

Executive Commentary on Progress and Future Plans

The completion and acceptance testing of the FRT pilot process containerised IX and wellhouse modules is an important step, and along with the Reverse Osmosis plant testing (also completed) ensures the Company will be ready for FRT construction upon granting of the Retention Lease and approval of the PEPR operating plan. Alligator has communicated widely to stakeholders the detail of its field recovery trial plans, the minimal and very localised impact this will have, and the important uranium recovery, environmental, rehabilitation and economic data it will provide.

Summary of Progress and Future Outlook

Alligator Energy (ASX: $AGE) has made significant progress in the preparation for the In-Situ Recovery (ISR) Field Recovery Trial (FRT) and ongoing resource extension drilling at the Samphire Uranium Project. The completion and acceptance testing of the FRT pilot process containerised IX and wellhouse modules is a crucial milestone, positioning the company for FRT construction upon the granting of the Retention Lease and approval of the PEPR operating plan. The company anticipates the review period for the response to the Department for Energy and Mining (DEM) will take six to eight weeks. Alligator Energy is committed to providing updates on the first-round drilling data, results, and interpretation to shareholders and the market in the coming months. The commencement of additional acquisition of ground gravity data will enhance the company's understanding of extensions to the system, adding further potential target areas to its pipeline of future exploration drilling programs.