Alligator Energy (ASX:AGE) has begun a Bankable Feasibility Study (BFS) for the Samphire Uranium Project in South Australia to advance and de-risk the asset towards development.
The company has engaged Ammjohn Solutions as the project manager for the BFS, also acting as key engineering support for the study, which is expected to be completed in the first half of 2027.
Trial operations will begin at Samphire shortly after the field recovery trial (FRT) plant has been commissioned. The plant is expected to be commissioned imminently.
Alligator says the BFS will form a “critical foundation for future development decisions” at the project, including project execution planning and financing considerations.
CEO Andrea Marsland-Smith says the BFS is a milestone for the Samphire Project which “reflects the steady progression of the project through key development phases”.
“With commissioning and the FRT about to begin, this is an ideal time to formally advance the BFS and ensure it is underpinned by real operational data,” Marsland-Smith says.
“This work positions Alligator well, as we move into an active period of trial operations and technical de-risking, while continuing to build value across the project.”
As reported by Mining.com.au, Alligator is focused on ensuring its messaging and execution remains aligned with shareholder expectations in a “year of delivery” for the company.
Alligator is presenting at the RIU Explorers Conference in Fremantle, Western Australia at 10.15pm AWST on 17 February 2026.
Alligator Energy is a uranium and energy metals project developer and explorer, focusing on the development of uranium production in South Australia and the Northern Territory.
The RIU Explorers Conference in Fremantle, Western Australia is held from 17-19 February. Mining.com.au is an official media partner of this year’s event.
Write to Maddison Elliott at Mining.com.au
Images: Alligator Energy
