Greenvale Energy Limited (ASX: GRV) has acquired an 80% interest in the Elkedra Uranium Project, located 300km northeast of Alice Springs in the Georgina Basin, NT. Covering 566 km², this project is highly prospective for sandstone-hosted and unconformity-style uranium mineralisation. A key feature is an 8km strike-length uranium anomaly situated near the fertile Elkedra granite. The Elkedra Project represents a strategic addition to Greenvale’s Australian uranium portfolio, complementing its existing Douglas, Tobermorey, and Henbury Projects. The acquisition strengthens Greenvale’s position as a key player in uranium exploration with cost-effective shallow drilling opportunities.
Mark Turner, CEO of Greenvale Energy, commented: "The Elkedra acquisition solidifies Greenvale’s commitment to building a portfolio of highly prospective uranium assets. Elkedra’s geological setting, coupled with its walk-up drill targets and significant anomaly strike length, makes it a key addition to our growing energy portfolio. We are eager to begin exploration activities and unlock its potential."
|