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Greenridge Exploration Reports Promising 2024 Uranium Exploration Results at Carpenter Lake

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An announcement from Greenridge Exploration Inc ( (TSE:GXP) ) is now available.

Greenridge Exploration Inc. announced the results of its 2024 exploration program at the Carpenter Lake Uranium Project, revealing multiple high-priority targets identified for future drilling. The program, conducted by Dahrouge Geological Consulting Ltd., involved geological mapping, prospecting, and rock sampling, and found significant anomalous radioactivity in twenty-two sample locations. The exploration centered on the Cable Bay Shear Zone, utilizing both historical data and recent findings to refine focus areas, potentially enhancing Greenridge’s positioning in the uranium exploration sector.

More about Greenridge Exploration Inc

Greenridge Exploration Inc. is a company operating in the mineral exploration industry, primarily focusing on uranium exploration. The company is engaged in identifying and developing high-priority targets within its Carpenter Lake Uranium Project located in the southern margin of the Athabasca Basin in Saskatchewan, Canada.

YTD Price Performance: -15.22%

Average Trading Volume: 125,912

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$39.13M

Learn more about GXP stock on TipRanks’ Stock Analysis page.

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