Recharge Metals lines up ducks for drilling at Carter uranium project

The Recharge exec team recently visited the Carter project to meet with ranch owners and key stakeholders
Target generation and a geological review are in the final stages of planning
Drilling will focus on high priority targets generated through a systematic review of data

Special Report: Recharge Metals is making strides across multiple priorities at the Carter uranium project in the US state of Montana as planning begins for an upcoming drill program later this year.

The company’s executive team recently visited the project and met with key stakeholders, carrying out assessments of project infrastructure and logistics to facilitate the next phase of exploration.

As part of its commitment to responsible development, Recharge Metals (ASX:REC) met with local ranch owners to ensure a collaborative approach to land access.

The permitting process has kicked off with an experienced consulting group to ensure compliance with environmental and land use requirements, laying the groundwork for upcoming drilling.

Data compilation, geological review, and target generation are now in the final stages of planning, with drilling set to focus on high-priority targets identified from historical data and recent evaluations.

The Trump effect

US President Donald Trump recently signed an executive order aimed at boosting domestic production of critical minerals to reduce reliance on foreign sources.

The goal is to stimulate job creation and economic growth by ensuring a stable, secure supply chain of minerals essential for the defence, infrastructure, and technology sectors.

For ASX companies operating in the US, this could mean quicker permitting timelines and improved financing through subsidies and loans.

Strong tailwinds supporting uranium development

Recharge managing director Felicity Repacholi said the recent site visit had been pivotal, enabling the company to liaise with local stakeholders and ranch owners.

“Comprehensive environmental permitting is also underway, setting the stage for initial drilling, the planning for which is now in its final stages,” she added.

“Drilling will focus on high-priority targets generated through the compilation and systematic review of existing data.”

Uranium explorers in the States like Recharge have also been buoyed by an executive order last week from President Donald Trump, which aims to reinvigorate domestic mining.

“Recent policy initiatives by the US government to boost domestic mineral production further reinforce the strategic significance of Carter,” Repacholi said.

“With strong tailwinds supporting US uranium development, Recharge remains well-funded to execute its exploration strategy and is excited about the potential of this significant uranium asset.”

REC remains well-funded to execute its exploration strategy at Carter and says it is excited about the potential of the significant uranium asset.

This article was developed in collaboration with Recharge Metals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.