Greenvale Wraps Up Major Airborne Surveys, Eyes Next Uranium Targets
Greenvale Energy has completed extensive airborne magnetic and radiometric surveys over its Northern Territory uranium projects, setting the stage for targeted exploration and drilling.
- 7,300 line kilometres of airborne surveys completed over Douglas River and Elkedra projects
- Survey data interpretation expected within two months
- Airborne coverage now complete across Greenvale’s Northern Territory uranium land package
- Follow-up fieldwork planned including ground geophysics, mapping, and sampling
- Exploration progress aligns with rebounding uranium sector sentiment
Comprehensive Airborne Survey Completion
Greenvale Energy Limited (ASX: GRV) has announced the successful completion of a significant geophysical milestone, having flown 7,300 line kilometres of airborne magnetic and radiometric surveys over its Elkedra and Douglas River uranium projects in Australia's Northern Territory. Conducted by Magspec Airborne Surveys using a specially modified Cessna 210, these surveys represent a foundational step in Greenvale’s uranium exploration strategy.
The surveys covered roughly half of the tenements EL33670 (Douglas River) and EL33756 (Elkedra), with the final flight lines completed on 18 May 2025. The data is now undergoing preliminary assessment by ASIS International and detailed interpretation by Arrow Geosciences, with results anticipated within the next two months.
Strategic Importance of Survey Data
This comprehensive airborne coverage completes Greenvale’s geophysical reconnaissance across its entire Northern Territory uranium portfolio, complementing earlier surveys over the Henbury and Jindare projects where elevated uranium anomalies were identified. The new data will refine exploration targets, enabling more focused and cost-effective ground programs such as scintillometer surveys, geological mapping, and geochemical sampling.
Greenvale’s CEO, Alex Cheeseman, emphasised the importance of this work, noting that incrementally building the company’s geological knowledge base is critical to streamlining exploration and advancing promising targets towards drilling. The timing is opportune, with uranium sector sentiment showing signs of recovery, potentially enhancing investor interest and project viability.
Project Highlights and Regional Context
The Douglas River Project, spanning approximately 465 square kilometres in the Daly Basin near the Pine Creek Mineral Field, lies within one of the world’s richest uranium provinces. Historical exploration has revealed significant anomalism for uranium and other minerals, underscoring the project’s potential.
The Elkedra Project covers 566 square kilometres in the Barkly region, featuring geological formations and granite intrusions known to host uranium and thorium anomalies. Both projects’ airborne surveys were flown at a low altitude of 40 metres with tight line spacing, designed to capture detailed geophysical signatures.
Looking Ahead: Fieldwork and Drilling Plans
Following the interpretation of airborne data, Greenvale plans to initiate field campaigns during the 2025 dry season. These will include ground-based geophysical surveys using handheld scintillometers, detailed mapping, and surface sampling to validate airborne anomalies and prioritize drilling targets. This phased approach reflects a disciplined exploration methodology aimed at maximizing discovery potential while managing costs.
As Greenvale advances its uranium exploration pipeline, the company remains well-positioned to capitalize on a recovering uranium market and the growing global demand for low-carbon energy resources.
Bottom Line?
Greenvale’s next steps in field validation and drilling will be pivotal in translating airborne data into tangible uranium prospects.
Questions in the middle?
- What specific uranium grades or anomalies will the detailed geophysical interpretations reveal?
- How will Greenvale prioritize targets for drilling based on the upcoming data?
- What impact could evolving uranium market dynamics have on Greenvale’s exploration funding and timelines?
