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Greenvale Energy Reports High-Grade Uranium in Maiden Drilling at Oasis Project, Confirms Growth Potential

Date/time : 2025-09-03 07:32 PM
Symbol :

GRV

Company : Greenvale Energy Ltd (New) Ord Fully Paid
Price : 0.066
Market cap : 29,100,000
O/S : 440,210,367
Exchange :

AU

Industry :

Oil & Gas Exploration and Production

Full story

Greenvale Energy discovered high-grade uranium mineralization in their maiden drilling program at the Oasis Uranium Project in Queensland, Australia. Assays from diamond drillhole 25GRV01 returned significant uranium intercepts, with spectral gamma logging confirming continuity of mineralization at depth and along strike. Preliminary eU3O8 values from the spectral gamma logging are subject to confirmation by laboratory chemical assay. Additional drill holes showed consistent thickness and uranium mineralization, with potential for further exploration along strike to the north and south. CEO Alex Cheeseman expressed confidence in the project's growth potential and plans for future drilling and exploration.