Eagle Nuclear Energy kicks off environmental baseline studies at Aurora uranium project

Staff Writer | May 5, 2026 

Eagle Energy’s Aurora uranium project in southeast Oregon. credit: Eagle Energy Metals

Eagle Nuclear Energy (NASDAQ: NUCL) has launched a comprehensive environmental baseline studies campaign at its flagship Aurora uranium project site located along the Oregon–Nevada border.

The studies will be conducted prior to its planned 27,000-foot drill program to support an upcoming feasibility study (PFS), the company said.

Aurora is the largest conventional, measured and indicated uranium deposit in the US, the company has said. To date, it has defined an indicated resource of 32.75 million lb. and nearly 5 million lb. inferred.

Uranium is a crucial source of reliable baseload power as nuclear energy, and the US requires an estimated 32 million lb. of uranium annually for its current nuclear reactors. In 2024, the US purchased 50 million lb. of uranium, but only produced 677,000 lb., according to the Energy Information Administration.

Energy Fuels’ White Mesa Mill in Utah is the only producing mill in the US.

“Initiating environmental baseline studies marks an important milestone in the responsible advancement of Aurora toward a PFS,” Eagle’s VP of operations Vishal Gupta said in a news release.

“These studies are designed to collect critical environmental data across multiple disciplines, including hydrology, hydrogeology, surface water quality, groundwater quality, flora and fauna, wetlands delineation, geochemistry, meteorology and cultural heritage.”

Eagle has started the permitting and procurement process for a 10-meter-high meteorological station that is expected to be installed at the project by early June. Once installed, the MET station will collect ambient weather-related data, including wind speed, direction, temperature and temperature contrasts, relative humidity, barometric pressure, and solar radiation.

“Once collected, this data will support environmental impact assessments, mine design optimization, and future permitting activities at Aurora,” Gupta said.

By market close in New York, Eagle Nuclear Energy’s stock was down 8.6%. The company has a $295.8 million market capitalization.