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Greenridge Exploration Inc ( (TSE:GXP) ) has provided an update.
Greenridge Exploration Inc. has provided an update on its 2025 exploration activities across six projects in Saskatchewan’s Athabasca Basin, highlighting extensive work aimed at building a robust geological dataset to support an expanded 2026 drilling campaign. At the Hook-Carter Uranium Project, where Greenridge holds a 20% interest alongside operator Denison Mines, a fall 2025 moving loop time-domain electromagnetic ground survey refined and validated targets previously identified by airborne geophysics along the Patterson Lake Corridor, setting up higher-confidence drill targets for the next field season and supporting Greenridge’s option to increase its stake. At the Carpenter Lake Uranium Project, where Greenridge is operator and can earn full ownership, the company completed eight diamond drill holes along the underexplored Cable Bay Shear Zone, intersecting graphitic pelitic gneisses, anomalous uranium-pathfinder geochemistry, and structurally controlled zones with elevated radioactivity and boron-bearing alteration minerals, which collectively indicate the presence and movement of uranium-bearing fluids and extend the known extent of prospective geology, underpinning further drilling under an active permit valid through April 2026.
More about Greenridge Exploration Inc
Greenridge Exploration Inc. is a Vancouver-based mineral exploration company focused on uranium and critical metals projects in Canada’s Athabasca Basin region of Saskatchewan. The company advances a portfolio of early-stage to advanced exploration assets, often in joint ventures with larger industry players, and employs modern geophysical and geochemical techniques to identify drill targets in a region known for some of the world’s highest-grade uranium deposits.
Average Trading Volume: 92,231
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$40.4M
Learn more about GXP stock on TipRanks’ Stock Analysis page.