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Greenvale Energy identifies 13 priority uranium targets
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Greenvale Energy identifies 13 priority uranium targets

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  • The exploration survey identified 13 priority uranium targets at the Thunderball project.
  • The Greenvale Energy share price remained unchanged at $0.04 following the morning market announcement.
  • The newly refined targets will guide on-ground mapping and sampling fieldwork scheduled to begin this week.

Greenvale Energy (ASX:GRV) has identified 13 priority uranium targets at its Thunderball Uranium Project in the Northern Territory.

The discovery follows a high-resolution airborne magnetics and radiometric survey completed over exploration licence EL34157.

Four of the identified anomalies sit along the Hayes Creek Fault Zone, which is associated with high-grade uranium deposits.

The survey also revealed a potential palaeochannel feature measuring approximately 4km long and up to 900m wide.

Following the announcement, the Greenvale Energy share price was unchanged at $0.04.

Additional anomalies coincide with the Cullen Supersuite Granites, which the company assessed as potential source rocks.

The company stated that these results allow target refinement ahead of on-ground fieldwork commencing this week.

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