Greenvale Energy Advances Oasis Uranium Project and Strengthens Balance Sheet in December Quarter

Greenvale Mining ( (AU:GRV) ) just unveiled an announcement.

Greenvale Energy’s December quarter activities advanced its uranium-focused growth strategy, led by strong drilling results at the 100%-owned Oasis Uranium Project in Queensland. High-grade chemical assays confirmed consistent uranium mineralisation, expanded the geological model, and indicated that the system remains open along strike and at depth, with evidence of a possible second mineralised structure and additional near-surface extensions that collectively enhance the project’s scale potential. The company also progressed Test Program 7 at the Alpha Torbanite Project by commissioning specialist processing equipment and commencing bulk sample production, entered a farm-in and joint venture with a Sunrise Energy Metals subsidiary to realise value from its Millungera Basin geothermal asset via up to A$5 million in partner-funded expenditure, and strengthened its balance sheet with approximately A$1.9 million raised through a placement and oversubscribed share purchase plan, providing funding for its 2026 uranium exploration pipeline and supporting a value-focused start to the year.

The most recent analyst rating on (AU:GRV) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Greenvale Mining stock, see the AU:GRV Stock Forecast page.

More about Greenvale Mining

Greenvale Energy Limited is an ASX-listed resources company focused on uranium and energy-related projects in Australia. Its portfolio includes the Oasis Uranium Project in Queensland, the Alpha Torbanite Project, and a geothermal asset in the Millungera Basin, positioning the company within the broader nuclear fuel and emerging clean-energy value chain.

Average Trading Volume: 256,966

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$23.53M

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