Greenvale acquires highly prospective Henbury Uranium Project in the Amadeus Basin, NT
Project Name: Henbury Uranium Project
Project Location: Northern Territory (NT), Australia
Project Stage: Acquisition Completed
ProjectBank Summary:
Greenvale Energy Limited (ASX: GRV) has announced the acquisition of an 80% interest in the Henbury Uranium Project, a highly prospective calcrete-hosted uranium project located 120km southwest of Alice Springs in the Amadeus Basin, Northern Territory. The project spans two exploration licenses covering a total area of 1,063 km² and features multiple uranium and uranium/thorium ratio anomalies over a 14km strike length. This acquisition follows recent additions of the Douglas and Tobermorey Uranium Projects, further strengthening Greenvale’s uranium exploration portfolio.
Greenvale Energy Highlights:
Acquisition of 80% interest in two exploration licenses covering 1,063 km².
14km strike length of uranium anomalies defined from historic geophysical surveys.
Project complements Greenvale’s recent acquisitions in the NT uranium sector.
Exploration plans include geophysical surveys, ground mapping, and shallow drilling.
MD/CEO Statement:
Mark Turner, CEO of Greenvale Energy, commented: "This is an exciting addition to our uranium portfolio, and like our other projects, Henbury offers significant potential for shallow uranium discoveries. The combination of historical data and a favourable geological setting makes this project a compelling opportunity for Greenvale as we continue to build a pipeline of high-potential uranium exploration assets."
