Greenridge Exploration Inc Stock Price, News & Analysis

Greenridge Exploration (OTC:GXPLF) has announced its first diamond drilling program at the Carpenter Lake Uranium Project in Saskatchewan's Athabasca Basin. The company owns 60% of the project, which spans 15,091 hectares across nine mineral claims, with potential to earn 100% interest.

The Phase I program includes 1,500 metres of helicopter-supported diamond drilling across up to 8 holes, targeting depths under 200 metres. The program, set to commence in mid-to-late August 2025, will explore multiple high-priority targets along the Cable Bay Shear Zone, characterized by strong geophysical conductors and uranium indicators.

The company has established exploration agreements with local Indigenous communities - English River First Nation and Kineepik Metis Local #9 - ensuring their participation in environmental monitoring and economic benefits.

Greenridge Exploration (OTCQB: GXPLF) has initiated a helicopter-borne time-domain electromagnetic (HTDEM) survey at its Flying Vee Nickel Project in Saskatchewan. The survey, conducted by Axiom Exploration Group, will cover 726 line-kilometers using their proprietary Xcite™ system.

The Flying Vee project spans 10,734 hectares across seven mineral claims, located 25 kilometers north of Stony Rapids. The survey aims to identify conductive zones potentially hosting nickel, copper, cobalt, and gold mineralization. The program includes radiometric data collection to detect radioactive anomalies that could indicate pathfinder minerals.

Greenridge Exploration (OTCQB:GXPLF) has announced the start of a new exploration program at its Hook-Carter Uranium Project in Saskatchewan's Athabasca Basin. The project, which is 80% owned by Denison Mines and 20% by Greenridge, covers 25,115 hectares across eleven claims.

The program includes a moving loop time-domain electromagnetic (MLTDEM) ground geophysical survey to identify new drill targets along the Patterson Lake Corridor. The property is strategically located near several significant uranium deposits, including NexGen Energy's Arrow deposit and Paladin Energy's Triple R deposit.

Greenridge Exploration (GXPLF) has contracted Axiom Exploration Group to conduct a helicopter-borne time-domain electromagnetic (HTDEM) survey at its McKenzie Lake Uranium Project in Saskatchewan. The project, comprising 5 mineral claims covering 6,916 hectares, is located 55 kilometers southeast of the McArthur River Uranium Mine near the Athabasca Basin. The survey will utilize Axiom's proprietary Xcite™ HTDEM system, capable of detecting conductive zones hundreds of meters deep. The planned survey will cover 403 line-kilometers at 200-metre line spacing, marking the first deep-penetrating electromagnetic survey of the area in modern uranium exploration. The survey aims to identify previously unknown conductive structural corridors that could potentially host uranium mineralization.

Greenridge Exploration (GXPLF) has engaged Convolutions Geoscience to conduct a comprehensive geophysical and geological data review for its Sabre Uranium Project in Saskatchewan's Athabasca Basin. The review aims to create a 3D subsurface model to identify potential uranium deposits and develop new drill targets. Convolutions will integrate data from multiple historical surveys conducted between 2005-2023, including recent MobileMT airborne survey results from April 2025. The company will utilize data from CMIC's Footprints Basinal U Subproject and Saskatchewan's Athabasca Basin 3D Model 2.0. The Project is permitted for surface exploration until November 2027, including authorization for up to 10 drill holes. The data review is expected to be completed in Q2 2025.

Greenridge Exploration (GXPLF) has expanded its uranium portfolio by acquiring the Raven Uranium Project in Saskatchewan's Athabasca Basin region through strategic staking. The project consists of four mineral claims covering 6,269 hectares, positioned approximately 65 kilometers southeast of Cameco's McArthur River Uranium Mine. The newly acquired claims are adjacent to an existing Greenridge claim in the area. Notably, the company owns 100% of the Raven claims with no underlying royalties, making it a cost-effective addition to their portfolio. The property's location near the eastern margin of the Athabasca Basin, a region known for significant uranium deposits, positions Greenridge strategically in one of the world's premier uranium mining districts.

Greenridge Exploration (GXPLF) has announced its 2025 exploration plans for the Blackbird Project in northern Saskatchewan, Canada. The company will conduct a helicopter-borne time domain electromagnetic (TDEM) survey followed by prospecting and mapping activities. The Blackbird Property is located approximately 70 km north of LaRonge, Saskatchewan, in an emerging metallogenic district near the historic Rottenstone Mine.

The announcement follows recent significant discoveries in the region, including Ramp Metals' high-grade gold discovery at their Rottenstone SW project, which yielded 73.55 g/t gold over 7.5 metres, and subsequent massive sulphides intersections with copper and zinc mineralization. CEO Russell Starr emphasized the area's high prospectivity and the company's plans to leverage modern exploration tools in this underexplored district.

Greenridge Exploration has completed a major geophysical survey at its Sabre Uranium Project in Saskatchewan's Athabasca Basin. The helicopter-borne MobileMT survey covered 1,536 line-kilometres at 200-metre spacing across 232 square kilometres.

The survey aims to map underground magnetic signatures and detect conductive zones that could host uranium deposits. To strengthen exploration efforts, Greenridge plans to compile historical geophysical data, including surveys from 2005-2023 conducted by various companies.

The Sabre Property maintains uranium exploration permits valid until November 30, 2027, covering activities like prospecting, geophysical surveys, and drilling. The company is actively engaging with local Northern Athabasca communities to build beneficial relationships.

Greenridge Exploration has announced the initiation of a significant geophysical survey at its Sabre Uranium Project in Saskatchewan's Athabasca Basin. The company has engaged Expert Geophysics Surveys to conduct a helicopter-borne Mobile MagnetoTellurics System (MobileMT) survey.

The comprehensive survey will cover 1,536-line kilometres at 200-metre line spacing across a 232 square kilometre area. Its primary objective is to map sub-surface magnetic signatures and identify conductive zones that could potentially host uranium mineralization within the Athabasca Basin margin.

The project timeline includes fuel mobilization in March 2025, utilizing the existing winter service road from Stony Rapids, with the MobileMT survey scheduled to commence in Spring 2025. The Sabre Property maintains uranium exploration permits valid until November 30, 2027, covering activities such as prospecting, geophysical surveys, and drilling.