Latest news with #GreenvaleEnergy
The Australian
a day ago
- Business
- The Australian
GRV grabs more Douglas River ground
Special Report: Greenvale Energy has backed its belief in the uranium prospectivity of the Northern Territory's Pine Creek region by increasing the footprint of its Douglas River project by 70%. Greenvale Energy expands Douglas River uranium project footprint by 70% to 1,216km2 Expansion enhances company's position in the highly prospective Pine Creek region Preparations underway for the start of uranium exploration in the NT The company applied for two additional exploration licences which are contiguous with the Company's current licence and licence application, increasing its total land position to ~1216km2. It grants Greenvale Energy (ASX:GRV) a very large and strategic landholding in the Pine Creek region, which boasts mineralogically diverse deposits, including multiple world-class uranium projects. This geological setting has the potential to host shallow, sandstone-hosted and unconformity type uranium deposits such as Patronus Resources' (ASX:PTN) Thunderball deposit that sits immediately north of Douglas River. PTN's re-assaying of historical drilling returned high-grade intersections of up to 10m at 2.5% U3O8 from a down-hole depth of 145m, reinforcing the potential of Pine Creek to host high-grade uranium deposits. 'The expansion of our strategic exploration footprint in the highly endowed Pine Creek region of the Northern Territory is a fantastic outcome for the company,' GRV chief executive officer Alex Cheeseman said. 'This is a low-cost addition that almost doubles our exploration footprint, in a region that hosts multiple world-class uranium deposits.' Expanded Douglas River project. Pic: Greenvale Energy Douglas River project The Douglas River project is in the northeastern part of the Daly Basin, overlying the south-western margin of the highly prospective Pine Creek Orogen that covers ~47,500km2. Pine Creek is considered to be one of Australia's most significant mineral provinces with more than 1000 known mineral occurrences and hosting ~20% of the world's low-cost uranium resources. Preliminary interpretation of the project indicates the potential for recently identified paleochannel systems and favourable geological settings to continue into the expanded project area. The expansion provides the company with enhanced flexibility and the opportunity for ongoing systematic exploration and target generation. GRV is preparing to start exploration across its NT portfolio with an immediate focus on the Elkedra and Henbury uranium projects. Consideration will also be made for initial work at Douglas River with the company saying it anticipates undertaking reconnaissance and site access investigations in the coming months and starting engagement with landholders and traditional owners to allow follow-up field work to be carried out. This article was developed in collaboration with Greenvale Energy, 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.
The Australian
04-08-2025
- Business
- The Australian
Long Shortz: Greenvale Energy
Tylah Tully chats with Greenvale Energy (ASX:GRV) CEO Alex Cheeseman as the company kicks off maiden drilling at the Oasis uranium project. Greenvale is hoping to drill between 2000 - 3000 metres of RC drilling, and will test the known uranium mineralisation at Oasis as well as potential extensions laterally and at depth. Cheeseman also updates on progress at the company's Northern Territory land package. Watch the video to hear what the company has been up to. This video was developed in collaboration with Greenvale Energy, a Stockhead client at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
The Australian
28-07-2025
- Business
- The Australian
StockTake: Greenvale Energy
Stockhead's Tylah Tully takes a gander at Greenvale Energy (ASX:GRV) and a multi-thousand metre maiden drill campaign now underway to confirm high-grade historical hits and test for mineralisation extensions at depth and along strike at its Oasis uranium project in Queensland. Watch the video to learn more. This video was developed in collaboration with Greenvale Energy, a Stockhead advertiser at the time of publishing. This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Herald Sun
26-06-2025
- Business
- Herald Sun
Long Shortz: Greenvale Energy
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Tylah Tully chats with Greenvale Energy (ASX:GRV) CEO Alex Cheeseman following updates on the company's projects in the Northern Territory and Queensland. Greenvale is gearing up for its maiden drilling program at the Oasis uranium project in Queensland, with proposed drill pads and collar locations already pegged. Meanwhile, in the Northern Territory, the company has identified a significant uranium anomaly at its Elkedra project, which it plans to further investigate. Watch the full interview to learn more. This video was developed in collaboration with Greenvale Energy, a Stockhead client at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions. Originally published as Long Shortz with Greenvale Energy: Drilling into Australia's uranium potential
The Australian
17-06-2025
- Business
- The Australian
GRV finds uranium anomalies in NT
Special Report: Greenvale Energy's recent airborne magnetic and radiometric surveys have identified significant uranium anomalies at its Elkedra and Douglas River uranium projects in the NT. Preliminary results from surveys have identified uranium anomalies across multiple projects in the Northern Territory Surveys have identified an 8km uranium anomaly at Elkedra and 32km paleochannel at Douglas River Planning and permitting for follow-up fieldwork including geophysical and geochemical surveying at Elkedra The surveys completed at 100m line spacing identified a uranium anomaly with a strike length of 8km at Elkedra and a 32km paleochannel connecting the Douglas River and Jindare projects. This is well timed given that some analysts are seeing signs of a returning uranium bull market on the back of executive orders from US President Donald Trump to incentivise new uranium developments in the US. Greenvale Energy (ASX:GRV) chief executive officer Alex Cheeseman said the results reinforced the excellent potential of the company's NT projects and provided a clear pathway to the next round of exploration. 'The scale of the anomaly at Elkedra is clear, with this target now the priority focus within our NT portfolio,' he added. 'We plan to get boots on the ground as soon as possible. Planning and permitting actions are underway and we expect to be able to conduct fieldwork in Q3. 'Given the Northern Territory's long and successful history of uranium exploration and mining, to have identified such compelling targets so early in our exploration journey is a fantastic result for Greenvale.' Potential 8km strike uranium system at Elkedra. Pic: Greenvale Energy Survey results At Elkedra, the initial evaluation of recently captured radiometric data has confirmed the presence of extensive uranium and uranium/thorium anomalism. This result is consistent with and builds on the findings from the NT Geological Survey regional airborne surveys completed between 1999 and 2002 at a 400m line spacing. There is evidence that this new system has a spatial association with the Elkedra Granite, which is interpreted to be the primary source of the anomalous uranium, though the precise geological setting of the uranium mineralisation remains under investigation. Meanwhile, the Douglas River survey has confirmed a northern extension of a paleochannel system previously identified in the Jindare survey to the south. This enhances the prospectivity of the area for sandstone-hosted uranium mineralisation as paleochannels provide a favourable environment for uranium deposition, with potential for fluid transport and trapping within porous sandstone units. Road ahead While the company is awaiting detailed modelling and interpretation of the survey data, the preliminary results indicate a mineral prospectivity at Elkedra that warrants a comprehensive follow-up field program. Planning and permitting processes are underway with fieldwork expected to start in Q3, 2025. This is likely to include detailed ground geophysical surveying using handheld scintillometers targeting the anomalies identified through the recent airborne rad/mag surveys. Field programs will also seek to incorporate detailed geological mapping to better understand the lithological and structural controls on the potential uranium mineralisation. GRV adds that it could carry out geochemical sampling – including systematic collection of soil and rock chip samples across key target areas – to determine if uranium and associated pathfinder elements are present in order to refine targets for future exploration. This article was developed in collaboration with Greenvale Energy, 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.
