Neu Horizon Uranium | ASX: NHU

Sweden has reopened.
We're exploring what comes next.

Neu Horizon is pursuing uranium opportunities across Sweden and Canada's Athabasca region. Prospective ground. Modern exploration. A team focused on turning geological potential into targets worth testing.

Summer fieldwork delivered. Drill targeting underway.
110,000+ haSwedish ground position
5 projects22 exploration permits, held 100%
12,000+ line-kmNew airborne geophysical data
4,000 mKrokom diamond drilling planned, Q1 2027
Source: Company announcements, 18 September and 14 October 2026. Drilling is planned and subject to regulatory work-plan approval, operational arrangements and interpretation results.
The investment case

Why follow Neu Horizon?

01

Sweden's next chapter

A changed policy landscape creates a fresh opportunity to explore.

02

Work behind the story

Field data gives the investment case something tangible to follow.

03

Experience behind the program

Geological expertise and capital-markets experience, working towards the next phase.

04

A clear next step

Follow how exploration evidence develops into priority targets.

Well-funded to advance exploration, with approximately A$8.6 million in cash at 30 September 2026. Reported 14 October 2026.The Company has stated that it is funded for its planned two-year Swedish program.

See the investment overview →

Progress

The fieldwork is in. Now we sharpen the targets.

The next chapter is about interpretation: bringing the datasets together, identifying priority targets and preparing the drilling program.

Sweden

Core of the exploration strategy
Complete
Summer 2026 campaign across five techniquesAirborne magnetics, radiometrics, heliborne EM, radon and ground work. 18 Sep 2026.
In progress
Data integration and target definitionMachine learning and AI applied to the integrated datasets; drill collars being finalised.
Planned
Maiden drilling: Krokom, Q1 20274,000 m diamond drilling program. Vilhelmina and Arvidsjaur follow in Q3 2027 (1,000 m each). All subject to permitting.

Canada: The Woods

Option to earn up to 80%
Complete
2,198 line-km VTEM Plus airborne surveyPlus heli-supported field verification.
In progress
Interpretation and target rankingRanking priority conductor and structural targets.
Planned
Ground geophysics ahead of drill targetingTiming to be confirmed against current disclosures.
4,000 m of diamond drilling planned at Storvallflon (Krokom) in Q1 2027, subject to regulatory work-plan approval and operational arrangements. Timing is not guaranteed.
Read the exploration update →
Sweden

A reopened jurisdiction. A fresh exploration approach.

Sweden's uranium extraction ban ended on 1 January 2026. Neu Horizon holds five district-scale projects (Arvidsjaur, Berg, Hotagen, Krokom and Vilhelmina) and is applying modern exploration and machine learning to ground with a history of uranium occurrences.

Location of the five Neu Horizon Swedish projects
Neu Horizon's five Swedish projects. Source: Prospectus, 19 May 2026.
Storvallflon SkyTEM EM anomaly over geophysical image, with NHU permit boundary
Storvallflon: SkyTEM EM anomaly (white) with NHU permit boundary (green).
Latest Swedish prospect

A closer look at Storvallflon.

At Storvallflon, in the Krokom flagship project, a more than 2 km-long electromagnetic conductor coinciding with strongly anomalous surface uranium responses, with multiple independent datasets converging on the same target. Ground spectrometer results exceed 500 ppm and reach up to 1,800 ppm U in selected areas. A 4,000 m diamond drilling program is planned for Q1 2027, subject to regulatory work-plan approval.

Athabasca Basin overview map showing The Woods projects
The Woods projects on the northern margin of the Athabasca Basin.
Canada

New frontier for Athabasca uranium.

The Woods gives Neu Horizon four projects (Pine, Aspen, Fir and Spruce) along the Grease River Shear Zone, a major structural corridor on the northern margin of the Athabasca Basin with limited historical drilling.

Option to earn up to 80%

Team

The people behind Neu Horizon.

Exploration needs judgement at every stage: choosing the ground, interpreting the evidence and deciding where to drill. Meet the people leading those decisions at Neu Horizon.

Martin Holland

Martin Holland

Executive Chairman/Director

Executive Chairman of Cobre Ltd (ASX: CBE); has listed five ASX exploration companies.

Adam Wooldridge

Adam Wooldridge

Director | Technical

Geophysicist and geologist with over 25 years of multi-commodity exploration experience.

Conrad Ocker

Conrad Ocker

CEO | Exploration Manager

Exploration geologist focused on the Nordics, particularly Sweden, since 2017.

Michael Addison

Michael Addison

Non-Executive Director

Founded two ASX-listed mining companies and clean-energy developer Genex Power (ASX: GNX).

Uranium context

Nuclear power needs fuel. Exploration starts the supply story.

Uranium is the fuel behind nuclear generation. For Neu Horizon, the opportunity starts with exploration: selecting prospective ground, applying modern tools and testing the strongest targets.

Explore our approach →

Boreal forest and wetland landscape in northern Sweden
Latest news

Follow the story as it develops.

Exploration updates, company announcements and the milestones shaping Neu Horizon's next phase.

  • Investor Presentation - November 2026Company Presentation View →
  • NHU Delivers Drill Targets Across all Four Krokom ProspectsProgress Report · Market sensitive View →
  • Notice of Annual General Meeting/Proxy FormNotice of Annual General Meeting · Proxy Form · Letter to Shareholders View →