The Company's flagship asset is the 100%-owned Honeymoon Uranium Operation in South Australia — one of only three producing uranium mines in Australia and one of only two in-situ recovery (ISR) operations in the country.
Following a successful restart in April 2024, the Honeymoon Operation has rapidly scaled its production infrastructure. Honeymoon produced 1.407 million lb of U₃O₈ in FY26, an increase of 61% on FY25, while delivering production and costs within revised guidance. With six producing wellfields and five NIMCIX columns now operational, the majority of the capital investment is in place, positioning the project for continued production growth.
The company undertook an extensive technical review of Honeymoon culminating in a New Feasibility Study announced in August 2026, to realise greater long-term value from the operation. The New Feasibility Study has reset the Honeymoon Life-of-Mine plan based on a wide-spaced wellfield design, with the aim of improving production efficiency, lowering operating costs and maximising value from the resource.
Boss Energy is also progressing the Gould's Dam and Jasons satellite deposits as a future growth pathway. The deposits contain approximately 45 million lb U₃O₈ in aggregate and may provide future feed to the Honeymoon processing plant, subject to studies, approvals and development decisions.
Boss Energy also holds a 30% interest in the Alta Mesa Uranium Operation in South Texas. Alta Mesa is managed by enCore Energy Corp. Since production restarted in June 2024, the operation has been focused on permitting and developing new wellfields to support production.
The Company's priorities are safe and reliable production, disciplined capital allocation, development of its organic growth pipeline and responsible supply into a market increasingly focused on energy security and dependable uranium supply.
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