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Greenridge Exploration Launches MobileMT Survey at Sabre Uranium Project

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Greenridge Exploration Inc ( (TSE:GXP) ) has shared an announcement.

Greenridge Exploration Inc. has initiated an airborne Mobile MagnetoTellurics (MobileMT) survey at its Sabre Uranium Project in the Athabasca Basin, Saskatchewan. This survey, conducted by Expert Geophysics Surveys Inc., aims to map sub-surface magnetic signatures and detect conductive zones that may indicate uranium mineralization. The project is fully permitted for exploration activities until November 2027, and the company is actively engaging with local communities. The results of this survey are expected to aid in developing new drill targets, potentially enhancing Greenridge’s position in the uranium exploration sector.

More about Greenridge Exploration Inc

Greenridge Exploration Inc. operates in the mining industry, focusing on the exploration and development of uranium projects. The company is engaged in identifying and advancing potential uranium resources, with a particular focus on the Athabasca Basin in Saskatchewan, Canada.

YTD Price Performance: -44.57%

Average Trading Volume: 99,316

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$25.08M

Find detailed analytics on GXP stock on TipRanks’ Stock Analysis page.

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