financetom
Business
financetom
/
Business
/
Greenridge Exploration Edging Up As Believes Data Review Will Provide New Uranium Targets on the Sabre Property
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Greenridge Exploration Edging Up As Believes Data Review Will Provide New Uranium Targets on the Sabre Property
Jun 10, 2025 7:43 AM

10:29 AM EDT, 06/10/2025 (MT Newswires) -- Greenridge Exploration ( GXPLF ) was edging up from near 52 week lows on Tuesday as it believes the results of a planned data review, and inversions, will provide new uranium targets on the Sabre Property.

The company has tapped Convolutions Geoscience of Surrey, BC, Canada, to review and integrate all geophysical and geological data for the Sabre uranium project in Saskatchewan.

Greenridge in a statement said the review aims to produce a comprehensive 3D model of the subsurface to detect the presence of potential uranium-mineralizing system and develop new drill targets for the project.

It noted the project is fully permitted for surface exploration until November 30, 2027, which includes drilling of up to 10 holes. The data review is expected to be completed in Q2 of 2025.

"Convolutions will provide key insights that will allow Greenridge to advance the Sabre property towards a drilling program," CEO Russell Starr said. "The 3D model will provide high priority drill targets and an in-depth model which can be used as the project moves forward."

Greenridge's share price gained 1.3% at last look to $0.39 on the CSE.

Price: 0.39, Change: +0.01, Percent Change: +1.30

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TJX Fiscal Second-Quarter Results Surpass Expectations; Retailer Raises Full-Year EPS Outlook
TJX Fiscal Second-Quarter Results Surpass Expectations; Retailer Raises Full-Year EPS Outlook
Aug 21, 2024
12:49 PM EDT, 08/21/2024 (MT Newswires) -- TJX Companies ( TJX ) reported stronger-than-expected fiscal second-quarter results on Wednesday while the discount retailer raised the full-year guidance for earnings amid consumer demand. Revenue rose to $13.47 billion for the three months ended Aug. 3 from $12.76 billion a year ago and topped the $13.32 billion average analyst estimate on Capital...
McDonald's to Open Over 200 Restaurants in UK, Ireland in $1.31 Billion Expansion Plan
McDonald's to Open Over 200 Restaurants in UK, Ireland in $1.31 Billion Expansion Plan
Aug 21, 2024
12:40 PM EDT, 08/21/2024 (MT Newswires) -- McDonald's (MCD) said Wednesday it plans to open more than 200 restaurants in the UK and Ireland over the next four years in an expansion drive that entails an investment of 1 billion British pounds, or about $1.31 billion. The expansion is expected to create more than 24,000 jobs, the company said, adding...
Market Chatter: IHS Weighs Potential Sale of Operations in Rwanda, Zambia
Market Chatter: IHS Weighs Potential Sale of Operations in Rwanda, Zambia
Aug 21, 2024
12:36 PM EDT, 08/21/2024 (MT Newswires) -- IHS Holding ( IHS ) is working on a potential deal to sell businesses in Rwanda and Zambia, Bloomberg reported Wednesday, citing people with knowledge of the matter. IHS plans to gauge the interest of potential buyers for the operations in the two countries, according to the report. Some proceeds from any sale...
Target raises 2024 profit forecast as price cuts draw shoppers
Target raises 2024 profit forecast as price cuts draw shoppers
Aug 21, 2024
* Target's ( TGT ) Q2 comparable sales up 2%, beat LSEG estimates of 1.15% * Raises 2024 profit forecast to $9.00-$9.70/shr from $8.60-$9.60 * CEO says shoppers responding to newness and price cuts * Shares up 16%, biggest one-day gain in months By Ananya Mariam Rajesh, Siddharth Cavale Aug 21 (Reuters) - Target ( TGT ) raised its full-year...
Copyright 2023-2026 - www.financetom.com All Rights Reserved