West Perth-based uranium explorer WildHorse Energy Ltd and joint venture partner Sparton Resources Inc will develop a uranium project in Hungary with Hungarian energy utility Bakonyi Erőmű Zrt, the company has announced.

WildHorse and Canada-based Sparton's joint venture Eurash will have exclusive rights to review Bakonyi's large piles of mining slag and fly ash, waste products from the utility's coal fired power station at Ajka in western Hungary.