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An update from Greenvale Mining ( (AU:GRV) ) is now available.
Greenvale Energy Limited has commenced its maiden drilling program at the Oasis Uranium Project in Queensland, Australia. This initiative marks the first drilling activity at the site in over 15 years, aiming to explore known uranium mineralization and potential extensions. The program, which involves 2,000-3,000 meters of drilling, is expected to last 5-6 weeks. The commencement of this project is a significant step for Greenvale, potentially adding value and leading to new discoveries, thereby strengthening its position in the uranium exploration industry.
More about Greenvale Mining
Greenvale Energy Limited operates in the energy sector, focusing on the exploration and development of uranium projects in Australia. The company is engaged in mining activities, particularly targeting high-grade uranium deposits, with a market focus on expanding its resource base and enhancing its exploration tenure.
YTD Price Performance: 29.41%
Average Trading Volume: 461,260
Technical Sentiment Signal: Sell
Current Market Cap: A$23.95M
See more insights into GRV stock on TipRanks’ Stock Analysis page.