Alligator Energy (ASX:AGE) Extends Blackbush Mineralisation by About 1km at Samphire

Aditi Sarkar

07 October 2026 05:08 PM AEDT

Alligator Energy (ASX:AGE) Extends Blackbush Mineralisation by About 1km at Samphire

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Highlights

Uranium mineralisation has been intersected about 1km south of the previous southernmost Blackbush hole.
BBRM26-590 returned 5.2m at 0.15% (1,498ppm) eU3O8 from 64.7m.
Over 9,000 metres have been drilled across 91 holes in the program so far.
A mineral resource update is planned for Q1/Q2 2027.

Alligator Energy Limited (ASX:AGE) announced on 7 October 2026 that drilling at its Samphire Uranium Project has extended the southern area of the Blackbush deposit by approximately 1 kilometre. Mineralisation remains open at both ends.

Southern Extension at Blackbush

Uranium mineralisation above a 250ppm eU3O8 cut-off was intersected about 1 kilometre south of the previously known southernmost drill hole. This extends the mineralised footprint along the Blackbush-Plumbush corridor.

Key intercepts include BBRM26-590, which returned 5.2m at 0.15% (1,498ppm) eU3O8 from 64.7m, and BBRM26-592, which returned 6.6m at 0.12% (1,245ppm) eU3O8 from 62.7m.

Drilling Program Progress

More than 9,000 metres have been drilled across 91 holes. This includes 38 rotary mud holes in the Blackbush extension and corridor, 50 rotary mud infill holes at Plumbush and 3 sonic core holes for physical sample analysis.

Grades are derived from calibrated downhole natural Gamma logging rather than chemical assays. Because the mineralisation is flat-lying and drilling is vertical, the reported widths are considered true widths.

Samphire Growth Strategy

The current program comprises approximately 300 holes, with around one-third now completed. It is designed to test the southern Blackbush extension, increase drill density at Plumbush and investigate the underexplored corridor between the two deposits.

Drilling is set to continue through late Q4 2026, with a mineral resource update planned for Q1/Q2 2027. The Competent Person for the results is Nick Jervis-Bardy.

Key Takeaways

Blackbush mineralisation has been extended about 1km south and remains open at both ends.
Best intercepts include 5.2m at 1,498ppm eU3O8 and 6.6m at 1,245ppm eU3O8.
About one-third of a 300-hole program is complete, with more than 9,000 metres drilled.
A mineral resource update for Samphire is planned for Q1/Q2 2027.

FAQs

Q: What did Alligator Energy (ASX:AGE) announce?

A:Drilling extended Blackbush uranium mineralisation about 1km south at the Samphire Uranium Project.

Q: What were the best intercepts?

A:BBRM26-590 returned 5.2m at 0.15% eU3O8 and BBRM26-592 returned 6.6m at 0.12% eU3O8.

Q: How much drilling has been completed?

A:Over 9,000 metres across 91 holes, about one-third of the planned 300-hole program.

Q: How were the grades measured?

A:Grades are based on calibrated downhole natural gamma logging, not chemical assays.

Q: When is the next resource update expected?

A:A mineral resource update is planned for Q1/Q2 2027.

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