Greenvale Energy has been granted a crucial exploration licence for its Douglas River Uranium Project in the Northern Territory, unlocking the next phase of field exploration. Advanced Sentinel-2 multispectral data has identified multiple promising uranium targets, setting the stage for a busy 2026 field season.
- Exploration Licence EL34157 granted for six years at Douglas River Project
- Sentinel-2 multispectral data reveals multiple radiometric and structural anomalies
- Four large priority uranium target areas identified across company tenements
- Project located in highly prospective Pine Creek Orogen near known uranium deposits
- Stakeholder engagement and airborne geophysical surveys planned for 2026
Licence Grant Unlocks Exploration Potential
Greenvale Energy Limited has taken a significant step forward in its uranium exploration ambitions with the granting of Exploration Licence EL34157 for its Douglas River Uranium Project in the Northern Territory. This six-year licence, situated on the northern edge of Greenvale’s existing tenure, provides the legal framework for on-ground exploration activities to commence in a region renowned for its uranium endowment.
The Douglas River Project lies within the Pine Creek Orogen, a geological province that hosts multiple world-class uranium deposits, including the nearby high-grade Thunderball deposit. The newly granted licence expands Greenvale’s footprint in this highly prospective terrain, enhancing its position in one of Australia’s most promising uranium provinces.
Advanced Satellite Data Reveals New Targets
Notably, radon and helium gas anomalies correlate strongly with airborne radiometric uranium anomalies and key geological structures, such as fault zones. These findings mirror the characteristics of known unconformity-related uranium deposits in the region, providing compelling vectors for exploration.
Four large priority target areas have been delineated across the granted and adjoining tenements, complementing a previously identified significant palaeochannel feature. These targets offer focused zones for upcoming field investigations.
Strategic Planning for a Busy 2026 Field Season
Greenvale’s CEO, Alex Cheeseman, emphasised the importance of the licence grant and data acquisition in shaping the company’s exploration strategy. With land access and permitting processes underway, initial stakeholder meetings are scheduled for March 2026, laying the groundwork for community engagement and regulatory compliance.
Following these consultations, Greenvale plans to deploy airborne electromagnetic and gravity surveys to refine the geological understanding of the targets. These surveys will enhance resolution on palaeochannels, structural elements, and conductive units that may host uranium mineralisation, guiding subsequent drilling and sampling efforts.
This integrated approach, combining cutting-edge remote sensing with traditional geophysical methods, positions Greenvale to efficiently advance its exploration program in a highly competitive uranium province.
Looking Ahead
While no drilling or assay results have yet been reported, the granting of EL34157 and the identification of multiple high-priority targets mark a pivotal moment for Greenvale Energy. The company’s methodical progression from data acquisition to stakeholder engagement and planned fieldwork underscores its commitment to unlocking value from the Douglas River Project.
Bottom Line?
Greenvale’s expanded tenure and new target identification set the stage for critical exploration milestones in 2026.
Questions in the middle?
- How will initial fieldwork validate the satellite-derived uranium targets?
- What timelines are anticipated for drilling and resource estimation at Douglas River?
- How will stakeholder engagement shape access and exploration activities moving forward?