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