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Greenvale Mining ( (AU:GRV) ) has issued an update.
Greenvale Energy Limited has announced significant progress in its maiden drilling program at the Oasis Uranium Project in Queensland, Australia. The initial results have confirmed high-grade uranium mineralization, with both laboratory chemical assays and spectral gamma logging indicating promising growth potential. The drilling has extended the known mineralization at depth and along strike, suggesting further exploration opportunities. The company’s CEO expressed confidence in the project’s potential, highlighting the correlation between historical data and current findings. The drilling program aims to confirm historical results and explore extensions, with further assays pending.
More about Greenvale Mining
Greenvale Energy Limited is a company operating in the mining industry, primarily focusing on uranium exploration and development. The company is engaged in projects in Queensland, Australia, with a market focus on high-grade uranium deposits.
Average Trading Volume: 342,517
Technical Sentiment Signal: Buy
Current Market Cap: A$33.8M
For an in-depth examination of GRV stock, go to TipRanks’ Overview page.