Greenvale Energy has initiated its first-ever drilling program at the Oasis Uranium Project in Queensland, aiming to validate and extend known uranium mineralisation with advanced techniques.
- Maiden drilling program commenced at Oasis Uranium Project
- 2,000-3,000 metres of combined Reverse Circulation and diamond core drilling planned
- Drilling targets both historical mineralisation and potential extensions
- Health, safety, and environmental protocols fully implemented
- Regional sampling results pending with follow-up permits underway
A New Chapter Begins at Oasis
Greenvale Energy Limited (ASX, GRV) has officially kicked off its maiden drilling program at the Oasis Uranium Project, located approximately 250 kilometres west of Townsville in Queensland. This marks the first drilling activity at the site in over 15 years, signaling a significant step forward for the company’s exploration ambitions.
The program began with preparatory work on 22 July 2025, including clearing access tracks and drill pads. Drilling contractors mobilised to the site on 26 July, with drilling operations commencing the following day. The company plans to drill between 2,000 and 3,000 metres using a combination of Reverse Circulation (RC) and diamond core drilling methods.
Strategic Drilling Approach
The dual drilling methodology is designed to balance efficiency and data quality. RC drilling will rapidly penetrate overburden layers, while diamond core drilling will provide high-resolution geological samples in zones of projected mineralisation. This approach allows for precise structural logging and assay work, which are critical for defining the resource and informing future development plans.
Complementing the drilling, the company will employ advanced down-hole logging tools, including spectral gamma and Acoustic Televiewer (ATV) technologies. These tools will enable real-time differentiation of uranium from other elements and detailed imaging of geological structures, enhancing the understanding of mineralisation depth, thickness, and concentration.
Exploring Beyond Known Boundaries
While the primary focus is to confirm historical high-grade uranium mineralisation at Oasis, Greenvale is also targeting potential lateral and depth extensions. The company’s recent regional reconnaissance mapping and sampling, conducted in June 2025, identified several geophysical anomalies surrounding the deposit. Results from this sampling are expected soon, and Greenvale is actively pursuing permits for follow-up exploration in these areas, working closely with landholders and Traditional Owners.
CEO Alex Cheeseman expressed enthusiasm about the program’s commencement, highlighting the collaborative effort behind the scenes and the potential for new discoveries. “With the program now underway and assays from regional target generation pending, we are looking forward to adding value to the project and potentially making new discoveries in our surrounding exploration tenure,” he said.
Environmental and Safety Commitment
Greenvale has emphasised its commitment to health, safety, and environmental management throughout the drilling program. All relevant protocols and management plans are in place to ensure operations proceed diligently and safely, reflecting the company’s responsible approach to exploration activities.
As the drilling program progresses over the next five to six weeks, market participants and stakeholders will be watching closely for assay results and any indications of resource expansion. The Oasis Uranium Project, with its advanced exploration status and historical high-grade mineralisation, remains a promising asset in Greenvale’s portfolio as the company seeks to contribute to a sustainable, low-carbon future.
Bottom Line?
The success of this maiden drilling program could redefine Oasis’s potential and set the stage for Greenvale’s next growth phase.
Questions in the middle?
- What will the initial assay results reveal about the grade and extent of uranium mineralisation?
- How might regional sampling results influence follow-up drilling and permit approvals?
- What are the implications of these exploration activities for Greenvale’s positioning in the uranium market?