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2026-11-06
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Laramide Resources Ltd.

Scoping Study Developer · Uranium · Australia · United States · Sweden Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.44
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$128.8M
EV
—
Cash
C$994.2K
Debt
C$1.5M

Portfolio detail

Assets

8 assets

Core asset

Westmoreland Uranium Project

Australia

Scoping Study Developer100% ownedUranium

Current July 2026 PEA supports a large open-pit development concept, but Queensland's uranium-mining moratorium prevents a mining-lease application and is the dominant gating item. September technical report confirmed July PEA without material economic difference; Queensland mining policy still prevents development and a separate mining lease ILUA remains necessary.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Published study economicsIssuer or study metrics
NPVA$1.1B7.5% discount
IRR33%Published return
Initial capexA$651.4MPublished capital estimate
Operating cost32.4USD/lb U3O8

Post-tax PEA NPV at US$90/lb; initial capital of US$456 million translated at the PEA's 0.70 USD:AUD assumption, excluding the separately stated US$84 million contingency.

Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceIndicated27.8 million tonnes770 ppm U3O8Uranium2025-01-31
Mineral ResourceInferred11.8 million tonnes680 ppm U3O8Uranium2025-01-31
Tenements5
epm14558Granted— None · No expiry supplied
epm14672Granted— None · No expiry supplied
epm28807Granted— None · No expiry supplied
epm28834Application— None · No expiry supplied
mdl2026Granted— None · No expiry supplied
Milestones1
  1. Lodge mining-lease application after Queensland policy permits

    Pending · High materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Queensland mining lease and project approvalsQueensland, AustraliaRequired—Yes
Economic studies2
StudyStageStatusDateSummary
Updated Westmoreland Preliminary Economic AssessmentScoping StudyCurrent2026-07-22Eleven-year open-pit concept at 2.9 Mtpa, 95% recovery and US$90/lb uranium.
2016 Westmoreland Preliminary Economic AssessmentScoping StudySuperseded2016-04-21Superseded by the July 2026 updated PEA.

Core asset

Churchrock ISR Uranium Project

United States

Scoping Study Developer100% ownedUranium

Current 2024 PEA contemplates ISR production processed at Crownpoint; the New Mexico groundwater discharge permit entered public notice in June 2026 and remains pending. Federal environmental review is targeted for 25 May 2027; state discharge approval remains uncertain.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Published study economicsIssuer or study metrics
NPVUS$239M8% discount
IRR56%Published return
Initial capexUS$47.5MPublished capital estimate
Operating cost27.7USD/lb U3O8 including taxes and royalties

Post-tax PEA economics at US$75/lb U3O8; issuer also reports US$294.497 million post-tax NPV at US$90/lb.

Resources & reserves1
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceInferred33.9 million tonnes0.075% eU3O8Uranium2017-09-24
Milestones1
  1. Complete public process and obtain DP-2004 groundwater discharge permit

    Pending · High materiality

Permits & approvals2
PermitJurisdictionStatusExpiryCritical path
US NRC production licence SUA-1580United States federalGranted—No
DP-2004 groundwater discharge permitNew MexicoPending—Yes
Economic studies1
StudyStageStatusDateSummary
Churchrock Preliminary Economic AssessmentScoping StudyCurrent2024-01-11Thirty-one-year ISR concept producing 31.2 million pounds with US$47.5 million initial capital.

Material

Crownpoint Uranium Project and Central Processing Plant Site

United States

Resource Stage100% ownedUranium

Crownpoint hosts an Inferred resource and the licensed central-processing-plant site contemplated by the Churchrock PEA; its resource is excluded from that PEA mine plan.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Resources & reserves1
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceInferred4.2 million tonnes0.102% U3O8Uranium2018-10-24
Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
US NRC licence for central processing plantUnited States federalGranted—No

Material

La Jara Mesa Uranium Project

United States

Resource Stage100% ownedUranium

Underground uranium development concept with federal EIS/permitting work reactivated and FAST-41 status; no current economic study supports a DCF.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceIndicated1.6 million tonnes0.24% U3O8Uranium—
Mineral ResourceInferred0.7 million tonnes0.20% U3O8Uranium—
Milestones1
  1. Complete federal environmental impact statement

    Pending · High materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
US Forest Service EIS and associated mine approvalsUnited States federalPending—Yes

Other

La Sal Uranium Project

United States

Early Explorer100% ownedUranium

Small underground project near the White Mesa mill with permits for a bulk-sample programme; no current resource or economic study is available in the evidence package.

Project location

Site imagery

Sentinel-2 · 10 m

Association needs review before imagery can be linked to this project.

Milestones1
  1. Fund and execute permitted bulk-sample programme

    Pending · Medium materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Bulk-sample programme permitsUtahGranted—No

Other

Murphy Uranium Project

Australia

Early Explorer100% ownedUranium

Large Northern Territory exploration position adjoining the Westmoreland district; no compliant resource or current economic study is available.

Tenements4
el23573Granted— None · No expiry supplied
el29898Granted— None · No expiry supplied
el9319Granted— None · No expiry supplied
el9414Granted— None · No expiry supplied

Other

Kläppibäcken Uranium Exploration Licences

Sweden

Early Explorer100% ownedUranium

Two acquired Hotagen licences exceed 1,700 hectares; historic neighbouring resources are not current Laramide resources. Data compilation and field ranking precede drilling.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Tenements2
sweden-licence-sweden-hotagen-1Granted— None · No expiry supplied
sweden-licence-sweden-hotagen-2Granted— None · No expiry supplied

Other

Kaivaive 103 Uranium Exploration Licence

Sweden

Early Explorer100% ownedUranium

Acquired Arjeplog-Arvidsjaur licence; old shallow intercepts require verification before any resource can be stated.

Project location

Approximate location

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© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.

Tenements1
sweden-licence-sweden-arjeplog-1Granted— None · No expiry supplied