# Alligator Energy uranium project development

> Live situation record from CLSTR: https://clstr.news/situations/alligator-energy-uranium-project-development
> Updated: 2026-08-24T03:09:42.000Z. Sources: 2. Developments: 2.

Alligator Energy has initiated efforts to fund and advance its uranium exploration and development projects in Australia.

In early August, the company announced a capital raise of up to A$18 million through a share placement and a share purchase plan. These funds are intended to support resource drilling at the Blackbush, Plumbush, and corridor deposits, complete drilling at the Big Lake project, and advance the Samphire Uranium Project toward a feasibility study.

By late August, the company confirmed successful drilling results at the Big Lake Uranium Project in South Australia’s Lake Eyre Basin. Exploration drilling intersected uranium mineralisation at Site 10, supporting the company’s roll-front uranium exploration model. Seismic data indicates the prospective palaeochannel may extend an additional 12 kilometres to the southeast.

## Timeline

### 2026-08-24: Alligator Energy confirms uranium mineralisation at Big Lake Project

Alligator Energy confirmed further uranium mineralisation at its Big Lake Project in South Australia, with drilling results supporting its roll-front exploration model and suggesting a broad geological setting.

2 sources. https://clstr.news/cluster/alligator-energy-confirms-uranium-mineralisation-at-big-lake-project

### 2026-08-06: Alligator Energy raises A$18 million for uranium projects

Alligator Energy secured A$15 million via placement and launched a A$3 million share purchase plan to fund drilling and a feasibility study for its Samphire uranium project, CEO Andrea Marsland‑Smith said.

4 sources. https://clstr.news/cluster/alligator-energy-raises-a18-million-for-uranium-projects

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Cite as: Alligator Energy uranium project development. CLSTR, https://clstr.news/situations/alligator-energy-uranium-project-development