Greenvale Energy (ASX:GRV) said it completed seven drill holes for a total of around 1,000 meters of combined reverse circulation and diamond core drilling as of Aug. 22 at the Oasis uranium project in Queensland, and a further five drill holes are planned to complete the program, according to a Wednesday Australian bourse filing.
Spectral gamma logging and Acoustic Televiewer imaging were conducted on the first seven holes, and the results are currently being interpreted.
Its shares rose over 3% in recent trading on Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.