Greenvale Energy Uncovers New Uranium Targets at Oasis with Trenching Success
Greenvale Energy has completed a significant trenching program at its Oasis Uranium Project, revealing promising new extensional opportunities and a potential second mineralised structure. Assay results are pending, setting the stage for expanded exploration.
- Six trenches totaling approximately 775 meters completed at Oasis Uranium Project
- Preliminary scintillometer readings exceed 2,000 counts per second in key zones
- Evidence of a second mineralised structure identified through trenching
- Samples submitted for assay with results expected in coming months
- All trenches and drill sites fully rehabilitated and demobilised
Trenching Program Delivers New Insights
Greenvale Energy Limited (ASX, GRV) has announced the successful completion of an extensive trenching and sampling program at its Oasis Uranium Project in Queensland. The program, conducted over six trenches spanning roughly 775 meters, has uncovered compelling extensional exploration opportunities, including the identification of a second mineralised structure. This development could significantly enhance the project's resource potential.
The trenches, each approximately 1.2 meters wide and between 1.6 to 2.5 meters deep, were strategically positioned based on prior geological and geophysical data. Preliminary hand-held scintillometer readings revealed highly encouraging radiometric responses, with some areas exceeding 2,000 counts per second (cps), particularly along the main shear zone. These elevated readings suggest the presence of substantial uranium mineralisation.
Structural and Geological Advances
Beyond the radiometric data, the trenching program provided valuable geological and structural information. Notably, the discovery of a second mineralised structure trending NNE to NE aligns with a demagnetised zone identified in recent ground magnetic surveys. This structure was further explored with additional trenching, confirming anomalous radiometric responses exceeding 700 cps and correlating with known uranium-hosting rock types such as megacrystic granites and biotite-chlorite schists.
Greenvale’s CEO, Alex Cheeseman, highlighted the significance of these findings, noting that the integration of geological, geophysical, geochemical, and structural data is shaping a robust exploration blueprint. This comprehensive approach is expected to guide future drilling and regional exploration efforts, particularly targeting extensions along strike and lateral zones around the Oasis deposit.
Environmental Stewardship and Next Steps
In line with best practices, all trenches and drill sites have been fully backfilled and rehabilitated, with the project area cleared of personnel and equipment by mid-November 2025. This commitment to environmental management underscores Greenvale’s responsible approach to exploration activities.
Looking ahead, assay results from the trench samples and the latest drilling campaign are anticipated within the next one to two months. These results will be integrated into an expanded geological model to refine target generation and exploration strategies. The company plans to leverage this enhanced understanding to pursue promising regional targets in the New Year, potentially unlocking further value for shareholders.
Bottom Line?
Greenvale’s trenching success at Oasis sets the stage for a pivotal phase of assay results and expanded exploration that could reshape the project’s prospects.
Questions in the middle?
- What will the upcoming assay results reveal about the grade and extent of uranium mineralisation?
- How might the newly identified second mineralised structure impact the overall resource estimate?
- What are the timelines and priorities for regional exploration following the updated geological model?
