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Greenridge Exploration Completes Airborne Electromagnetic Survey on the Bradley Lake Uranium Project in Northern Saskatchewan
Globenewswire·2025-08-26 12:00

Core Insights - Greenridge Exploration Inc. has completed a helicopter-borne time-domain electromagnetic survey on the Bradley Lake Uranium Project, which is a 1,147-hectare site located approximately 30 kilometers northwest of Stony Rapids, Saskatchewan [1][3][5] - The survey aims to refine conductive structural corridors that may host uranium mineralization, integrating 2025 results with historical data to identify potential sources of high-grade uranium showings [3][12] Project Overview - The Bradley Lake Project includes the Bradley West and Bradley East uranium showings, with historical uranium grades in outcrop samples reaching up to 3.53% U3O8 [5] - Previous exploration activities have been limited, with intermittent exploration since 1968, and significant findings including a 700-meter-long uranium radiometric anomaly detected in 2007 [6][7] - The project is bisected by the Grease River Shear Zone, which is believed to be structurally associated with the Fond du Lac uranium deposit located 34 kilometers to the southwest [6] Survey Details - The 2025 survey utilized Axiom Exploration Group's proprietary Xcite™ HTDEM system, capable of detecting conductive zones up to hundreds of meters deep, which is essential for identifying potential uranium deposits [9][10] - The airborne survey covered 201 line-kilometers at 100-meter line spacing, providing high-resolution electromagnetic data alongside radiometric data to detect radioactive anomalies [10] Future Plans - Greenridge plans to integrate the results of the HTDEM survey with historical geological and geophysical data to better delineate the footprint of known mineralized zones at Bradley Lake [12] - The company holds an active exploration permit for surface prospecting and sampling, as well as airborne and ground geophysics, valid until May 31, 2027 [12] Company Background - Greenridge Exploration Inc. is focused on creating shareholder value through the acquisition, exploration, and development of critical mineral projects in Canada, owning or having interests in 27 projects covering approximately 334,987 hectares [15][16] - The company has one of the largest uranium property portfolios in Canada, consisting of 16 projects and additional claims covering approximately 221,509 hectares [16]