Greenridge Exploration Completes Airborne MobileMT Survey

From GlobeNewswire: 2025-04-30 08:00:00

Greenridge Exploration Inc. has completed a MobileMT survey at the Sabre Uranium Project in Saskatchewan, Canada, covering 232 square kilometers. The survey aims to map sub-surface magnetic signatures for potential uranium mineralization. The Sabre Property is fully permitted for uranium exploration until November 2027, with ongoing engagement with local communities.

The Sabre Property, located in the Athabasca Basin, has shown potential for hosting uranium mineralization based on historical exploration data. Anomalous uranium-bearing sandstone boulders, interpreted fault structures, and EM conductors suggest favorable conditions for uranium deposition. Limited drill testing has produced promising results, indicating the prospectivity of the region.

Greenridge Exploration Inc. is focused on mineral exploration projects in Canada, with interests in uranium, lithium, nickel, copper, and gold. The company’s portfolio includes strategic partnerships with Denison Mines Corp. and Uranium Energy Corp. Significant discoveries have been made across various projects, showcasing the potential for valuable mineral deposits.

The company’s forward-looking statements include plans for exploration activities, the benefits of the MobileMT survey, and objectives for the Sabre Property. However, factors such as economic conditions and operational challenges could impact the realization of these goals. The Canadian Securities Exchange does not endorse the accuracy of this release, cautioning investors to consider potential risks and uncertainties.



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