Strong Progress in Maiden Drill Program at Oasis Uranium Project

Greenvale Energy Limited (ASX: GRV) has reported solid progress at its maiden drilling campaign within the 100%-owned Oasis Uranium Project in Queensland. The program, which began in late July 2025, has already delivered seven completed drill holes totalling approximately 1,000 metres across Reverse Circulation and Diamond Core drilling. With five additional holes planned, the initiative is well advanced and tracking to expectations. CEO Alex Cheeseman highlighted that the program’s objectives are threefold: validating historical drilling results, extending mineralisation at depth, and expanding it along strike.

Operational performance has been smooth, with safety and efficiency maintained throughout. Key technical steps such as spectral gamma logging and ATV surveying have commenced, while the first samples have been dispatched for laboratory assay in Adelaide. Results from the initial drill hole are expected shortly and will assist in calibrating logging data. Early reconnaissance mapping and rock chip sampling have also confirmed strong surface uranium indications northeast of the main deposit, underscoring the project’s regional potential.

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