Greenvale Mining ( (AU:GRV) ) has shared an update.
Greenvale Mining has completed the acquisition of the high-grade Oasis Uranium Project in Queensland, enhancing its uranium portfolio with a promising asset. The company has raised $1.8 million to support upcoming exploration programs, including a maiden drilling program at the Oasis Project. Additionally, Greenvale is advancing its Alpha Torbanite Project with successful liquefaction tests, moving closer to producing premium-grade C170 bitumen. These developments position Greenvale strategically within the uranium and bitumen markets, potentially benefiting stakeholders through increased resource potential and optimized production processes.
More about Greenvale Mining
Greenvale Mining is a company operating in the mining industry, focusing on the exploration and development of uranium and torbanite projects in Australia. The company is actively expanding its portfolio with high-potential uranium assets in Queensland and the Northern Territory, and is also working on optimizing bitumen production from its Alpha Torbanite Project.
YTD Price Performance: -40.0%
Average Trading Volume: 112
Technical Sentiment Signal: Strong Buy
Current Market Cap: $15.51M
Learn more about GRV stock on TipRanks’ Stock Analysis page.