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Greenvale Energy Limited (ASX:GRV)

ALERT: Price-sensitive ASX Announcement for GRV
Current share price for GRV : $0.038 -0.007 (-15.56%)+
Announcement
Release
13 Jul 2026 8:25AM
Price at Release
$0.045
Full Release
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Summary
Greenvale Energy Limited announced the identification of 13 priority uranium targets at its Thunderball Uranium Project in the Northern Territory, following a high-resolution Airborne Magnetics-Radiometrics (AMR) survey. The survey revealed anomalies along the highly prospective Hayes Creek Fault Zone and near the historical Spectre Prospect, indicating significant potential for uranium mineralization. With field teams set to commence mapping and sampling, Greenvale aims to refine and prioritize exploration targets, enhancing the project's potential. The company continues to focus on clean energy projects and is reviewing historical data for further exploration opportunities.
Key Points
  • Airborne Magnetics-Radiometrics (AMR) survey identified 13 priority uranium targets.
  • Survey conducted over 4,313-line kilometers at Thunderball Uranium Project, Northern Territory.
  • Four anomalies along the Hayes Creek Fault Zone known for high-grade uranium.
  • Spectre Prospect is a significant target identified in the survey.
  • Potential sandstone-hosted palaeochannel feature identified.
  • Anomalies coincide with Cullen Supersuite Granites, potential uranium source rocks.
  • Field mapping and sampling to commence imminently.
  • Survey enhances targeting framework for uranium mineralization.
  • Historical data review underway for additional prospects.
  • Greenvale committed to developing clean energy projects.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.