American Uranium - AMU (ASX) News & Expert Insights from Stockhead

Lo Herma is AMU’s flagship and most developed project, leading its project portfolio and strong presence in the area. While it remains the first priority, AMU also holds GDB/Thor, Green Mountain and Henry Mountains, each offering potential for further growth across proven uranium districts. Located in Wyoming’s premier uranium basin, the 13,500-acre Lo Herma project hosts a defined 8.57 Mlb resource with substantial growth potential.

A recent Interim Scoping Study confirms low-cost development potential with drilling ready to expand and upgrade the resource. Surrounded by major ISR producers and backed by strategic investors, Lo Herma reflects AMU’s high standards, ethical approach to mining, and dedication to supporting American uranium supply independence for future generations.

KEY PEOPLE

Bruce Lane has significant experience in ASX listed and large industrial companies. He has held management positions in a number of global blue chip companies as well as resource companies and start ups in New Zealand, Europe and Australia.

Prior to founding Voyager Energy which was subsequently acquired by American Uranium, Lane has been involved in the acquisition, funding and exploration of a number of uranium exploration projects during the last 15 years – most notably with ASX listed companies Atom Energy Ltd and Stonehenge Metals Ltd.

He holds a masters degree from London Business School and is a graduate member of the Australian Institute Of Company Directors.

With over two decades of global experience in mineral exploration, project development, and commercial ventures, Matt Hartmann boasts a significant track record in ISR uranium across the entire project life cycle. Holding senior technical roles at Uranium Resources Inc. and Strathmore Minerals Corp, he also served as a Principal Consultant at SRK.

Hartmann’s most recent position was as V.P. Technical Services at Sweetwater Royalties LLC, the largest private landowner in Wyoming, where he made substantial contributions to the uranium sector. His expertise extends to providing technical and managerial proficiency to key ISR uranium projects, including Cameco’s Smith Ranch–Highland, Encore’s Rosita central processing plant & Wellfield, Laramide’s Churchrock, and Encore’s Dewey-Burdock.

Matt enhances American Uranium’s commercial and technical leadership in the US, helping the company to vigorously pursue project development and commercialisation plans, including strategic partnerships.

Simon Williamson was the General Manager and a director of Cameco Australia up until December 2023. His career with Cameco spanned 13 years and variously included responsibility for setting Cameco’s strategic and operational direction in Australia and managing the Australian operations budget and team.

Simon’s responsibilities during his tenure with Cameco included managing relations with key Government ministers and departments and community stakeholders. He managed project approvals processes, including negotiations with State and Federal agencies and reviewing the PFS for the Yeelirrie project.

He contributed to the project team reviewing technology options for upgrading Cameco’s MacArthur Mine and Key Lake Mill uranium mine in Canada. In addition, he was on the team reviewing Cameco’s global ESG reporting processes and reports.

Williamson was intimately involved in obtaining environmental approval for the Kintyre and Yeelirrie uranium projects, including developing and implementing a program of environmental baseline studies, government and community consultation, and negotiating land access. Prior to his appointment as General Manager, he led the government and regulatory affairs, environmental and radiation safety activities of Cameco in Australia.

Williamson also has significant experience with conducting project due diligence for acquisitions and audits which consider special interest groups, environmental, land access and community issues.

Prior to his 13 years at Cameco, Simon held roles with minerals industry participants in Australia and the US – including various positions at Cliffs, Sons of Gwalia the WA Chamber of Minerals & Energy and WMC where he negotiated the mine closure criteria for a gold project near Sacramento, California.