Greenvale Energy Uncovers Multiple Uranium Anomalies in Northern Territory Projects

Exploration Momentum Builds in Northern Territory

Greenvale Energy Ltd (ASX: GRV) has reported promising progress in its uranium exploration efforts across several Northern Territory projects. Recent detailed airborne magnetics and radiometrics surveys have revealed multiple uranium anomalies at the Jindare and Henbury projects, highlighting zones that warrant further ground investigation. These findings come as part of a broader 2025 exploration campaign that also includes in-fill surveys at Elkedra and Douglas River.

The Jindare Project’s airborne data interpretation identified five distinct zones of elevated equivalent uranium, significantly above background levels. Structural analysis suggests complex faulting and graben formations that could control uranium emplacement, providing valuable targets for upcoming field mapping and sampling. Similarly, the Henbury Project revealed ten elevated uranium anomalies, with a notable 10-kilometre arcuate response that aligns with known geological features, making it a priority for follow-up.

Expanding Survey Coverage and Ground Programs

Greenvale is actively expanding its airborne survey footprint, with MagSpec Airborne Surveys conducting a comprehensive 7,300 line kilometre magnetics and radiometrics survey over Elkedra and Douglas River. The Douglas River survey is designed to complement the existing Jindare data, enhancing the geological framework for uranium exploration in the region.

Meanwhile, the Oasis Uranium Project in Queensland, historically known for high-grade uranium lodes, is set to commence a field program in June 2025 following delays caused by an extended wet season. This program aims to bridge gaps in geological understanding and advance the known mineralisation towards JORC 2012 Mineral Resource status. The approach includes geochemical testing using the track etch technique, structural mapping, and targeted drilling of priority anomalies identified by previous radiometric surveys.

Strategic Implications and Next Steps

Greenvale’s methodical approach, combining airborne geophysical surveys with ground-truthing and geochemical analysis, reflects a mature exploration strategy designed to efficiently delineate uranium targets. The integration of structural geological interpretations with radiometric anomalies enhances the potential for discovering economically viable deposits. However, the company remains cautious, noting that magnetic inversion techniques provided limited additional insights in some areas, underscoring the complexity of the terrain.

As Greenvale advances its exploration programs, the market will be watching closely for results from the planned ground follow-ups and drilling campaigns. These outcomes will be critical in assessing the potential for resource upgrades and the company’s positioning within the uranium sector, which is increasingly under the spotlight amid global energy transition dynamics.