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An update from Greenvale Mining ( (AU:GRV) ) is now available.
Greenvale Energy reported progress across its clean energy project portfolio in the March 2026 quarter, despite severe weather temporarily limiting site access in northern Queensland and the Northern Territory. The company continued to build its uranium and processing assets, aiming to strengthen its position in the emerging clean energy supply chain.
At the Oasis Uranium Project, new multispectral, geophysical and geochemical data defined nine priority targets and several additional areas of interest, significantly expanding the project’s growth potential beyond the known deposit. Trenching results validated geological and structural controls on mineralisation and generated high-priority step-out drill targets that will underpin the next phase of exploration.
Greenvale’s Alpha Project reached a key development milestone, with bulk sample processing achieving roughly 99% conversion and 30–35% product yields, allowing work to shift toward product testing and certification. In the Northern Territory, the grant of a key exploration licence at the Douglas River Uranium Project, coupled with early targeting work, has reinforced the strategic potential of its uranium portfolio along structures linked to the nearby Thunderball deposit.
The company also appointed Alex Cheeseman as managing director as stakeholder engagement intensifies alongside exploration and project development. Management expects improved ground conditions in the June quarter to enable a resumption of field work, positioning Greenvale to accelerate exploration and de-risk its clean energy assets for investors and other stakeholders.
More about Greenvale Mining
Greenvale Energy Limited is an ASX-listed resources company focused on clean energy and critical infrastructure projects in Australia. Its portfolio includes the Oasis and Douglas River uranium projects in Queensland and the Northern Territory, as well as the Alpha Project, which is advancing processing technologies to produce high-value products for the energy sector.
Average Trading Volume: 326,280
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$20.15M
See more data about GRV stock on TipRanks’ Stock Analysis page.