Latest American Uranium (ASX:AMU) News

Critical minerals and gold explorers drove the biggest moves, with OD6 Metals, Jindalee Lithium and Resolution Minerals leading the weekly board. Investors chased drill hits, fresh funding and deal news, while stocks that reopened after trading halts split between sustained buying and quick give-backs.

American Uranium Limited (ASX:AMU) has secured A$2.64 million through a placement after upgrading its Lo Herma uranium resource to 9.45 million pounds eU3O8 with improved grade. The company also plans a non-renounceable rights entitlement offer to raise up to A$2.58 million, supporting further drilling and technical studies ahead of a Q3 2026 Scoping Study.

Critical minerals stole the spotlight as big project numbers, new processing results and fresh funding pushed several small caps sharply higher. A few capital raisings and legal headlines also hit hard, especially where early gains couldn’t hold.

A courtroom claim, a big feasibility study and a Greenland setback drove the week’s biggest share moves. Investors paid up for clearer funding and permits, but sold hard when project timelines looked shaky.

American Uranium Ltd has increased its Lo Herma uranium resource to 9.45 million pounds with 43% now Indicated, marking a 10% growth and advancing the project toward a pivotal Scoping Study in Q3 2026.

American Uranium has launched its 2026 drilling campaign at the Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its mineral resource ahead of key updates this year.

American Uranium Limited has upgraded its U.S. trading status to the OTCQB Venture Market, enhancing liquidity and accessibility for North American investors. This move supports the company’s strategy to expand its U.S. shareholder base and increase visibility for its flagship uranium project in Wyoming.

American Uranium has restarted drilling at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its existing 8.57 million pound resource ahead of key updates in 2026.

American Uranium Limited has reported significant progress at its Lo Herma ISR uranium project, completing extensive drilling and validating aquifer conditions that support in-situ recovery mining. The company is poised to update its resource estimates and advance development plans in 2026.

American Uranium's recent hydrogeological pump tests at the Lo Herma project validate key aquifer properties consistent with nearby operating ISR uranium mines, supporting upcoming resource and scoping study updates.

American Uranium Limited has successfully expanded uranium mineralisation trends by 3,000 metres at its Lo Herma ISR Project in Wyoming, delivering its strongest drill intercept to date and setting the stage for a 2026 resource update and scoping study.

American Uranium Limited has completed key hydrogeological testing at its Lo Herma ISR uranium project, with drilling advancing resource expansion ahead of 2026 updates.