Greenvale Energy Limited is moving forward with critical preparations for its maiden drilling program at the fully owned Oasis Uranium Project in Queensland, Australia. The project, spanning approximately 90 square kilometers within a region known for its structurally complex granite and metamorphic terrain, is positioned around 250 kilometers west of Townsville. Historical exploration has highlighted high-grade mineralization, with intercepts reaching up to 0.72% U3O8, and recent geological and radiometric surveys identify several advanced targets worth further investigation. Field teams have been on site since mid-June 2025, completing crucial preparatory work that includes site access evaluations, ground condition assessments, and the pegging of prospective drill collar locations. Extensive reconnaissance field mapping and rock chip sampling have been conducted along regional uranium anomalies. The results, which are pending assay analyses expected in the next quarter, are designed to validate high radiometric readings and improve the company’s understanding of the geological structures necessary for a successful resource expansion. In parallel with these operational activities, Greenvale Energy Limited has submitted permitting applications and engaged in consultations with local landholders and Traditional Owners. An entry notice has been secured for pre-construction works, and the company anticipates formal approvals shortly, ensuring that the drill program can commence within the next four weeks. Contractor engagement and logistical arrangements are nearing completion, laying the groundwork for a comprehensive field drilling campaign that targets both the known Oasis deposit and similar regional anomalies. From a sentiment perspective, the news presents a bullish outlook for Greenvale Energy Limited. The proactive field preparations, the potential for discovering additional high-grade uranium mineralization, and solid historical data support investor confidence in the company’s exploration strategy and long-term resource growth. However, there is a bearish element in the form of pending assay results and the dependency on final permitting approvals, which could introduce delays or uncertainties into the project timeline. Overall, while the potential for significant resource discovery creates an optimistic outlook, cautious attention must be paid to execution risks and regulatory processes.