Highlights

  • The Douglas River Uranium Project is situated approximately 200 kilometres south of Darwin in the Pine Creek Orogen.
  • The advanced Oasis uranium project in northern Queensland forms another core exploration asset.
  • Greenvale retains exposure to the Alpha Torbanite Project and Millungera Basin Geothermal Project.
  • Greenvale’s stated focus is field exploration, identifying uranium mineralisation and building the geological knowledge needed for possible resource estimation.

Greenvale Energy (ASX:GRV) is concentrating on uranium exploration across northern Australia, led by projects in the Northern Territory and northern Queensland.

The company’s portfolio combines geological targets at different stages, with resource discovery and delineation remaining principal objectives.

Douglas River Targets Pine Creek Geology

The Douglas River Uranium Project is situated approximately 200 kilometres south of Darwin in the Pine Creek Orogen. The project comprises four contiguous exploration licences or applications near the Thunderball uranium deposit. Greenvale has identified geophysical and remote-sensing anomalies for follow-up. The proximity to established mineralisation provides geological context but does not establish a resource on Greenvale’s licences.

Oasis and Central Australia Extend Reach

The advanced Oasis uranium project in northern Queensland forms another core exploration asset. Historical work delineated targets associated with the Lynd Mylonite Zone, although modern exploration and geological interpretation are required for further definition. Greenvale also holds the Elkedra-Henbury interests in the Northern Territory. These properties widen the exploration portfolio without implying that drilling success at one would be duplicated at another.

Other Projects Remain in the Portfolio

Greenvale retains exposure to the Alpha Torbanite Project and Millungera Basin Geothermal Project. For Millungera, a farm-in agreement announced in November 2025 provides a structure under which project partners can earn a majority interest through exploration and development expenditure. The arrangement gives Greenvale an interest in potential geothermal activity while uranium exploration remains its stated priority. The company presented its Northern Territory uranium focus to investors in August 2026.

Outlook: Next Development Priorities

Greenvale’s stated focus is field exploration, identifying uranium mineralisation and building the geological knowledge needed for possible resource estimation. No discovery or future mine outcome should be presumed.

GRV shares traded at AUD 0.022 on 6 November 2026, with a daily change of 0.00%. Market Capitalisation was approximately AUD 15.24 million.