InvestSMART

Boss Energy Ltd (ASX:BOE)

ALERT: Price-sensitive ASX Announcement for BOE
Current share price for BOE : $1.230 -0.695 (-36.10%)+
Release
16 Oct 2025 8:20AM
Price at Release
$1.925
Full Release
download
Summary
Boss Energy Limited announced that enCore Energy Corp, the operator and 70% owner of the Alta Mesa Uranium Project in Texas, has discovered new uranium mineralisation adjacent to existing wellfields. Boss Energy owns the remaining 30% and will receive 30% of the uranium production from the project. The discovery resulted from re-analysis of historic drill holes, with continued analysis and follow-up delineation drilling planned into 2026. This development enhances the potential of the project, contributing to the strategic interests of both Boss Energy and enCore Energy.
Key Points
  • Boss Energy Ltd owns 30% of the Alta Mesa Uranium Project.
  • New uranium mineralisation discovered through re-analysis of historic drill data.
  • enCore Energy Corp operates the project and owns 70%.
  • Follow-up delineation drilling to continue into 2026.
  • Boss Energy receives 30% of the uranium production.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.