AXG's Exploration Projects

AXG Mining has acquired four Exploration Licenses, totalling 270 square kilometres, covering areas of uranium mineralization in the Wheat Belt and Goldfields Regions of Western Australia. Two Exploration Licenses, E29/601 and E29/602, totalling 36 blocks covering 100 square kilometres, are located at Gum Well, west of Lake Raeside, 245 kilometres north west of Kalgoorlie; the third Exploration License, E70/2927 of 36 blocks covering 100 square kilometres, is centred on Kalguddering, 10 kilometres south of Wongan Hills; and the fourth Exploration License, E70/2947 of 25 blocks covering 70 square kilometres, is located west of Nukarni, 25 kilometres north west of Merredin.

AXG's exploration portfolio comprises two projects, namely the Murchison Project and the Yilgarn Uranium Project in Western Australia.