Greenvale Energy selects project development expert as CEO

• Alex Cheeseman has been tapped for the position of CEO
• Executive chair Neil Biddle will transition to non-executive chair effective immediately
• Exploration target to grow with additional drilling at Orient East and Deadman Creek

Special Report: As uranium prices continue to improve and demand outstrips future supply, explorer Greenvale Energy is preparing for a period of aggressive development.

Experienced resources executive Alex Cheeseman will take up the role of CEO for Greenvale Energy (ASX:GRV), effective today.

Cheeseman has more than 20 years of experience in operational leadership and project development, having held general manager and CEO-level roles in several ASX-listed exploration and mining companies across multiple commodities including iron ore, lithium and base metals.

He’ll be spearheading GRV’s project development efforts, with a focus on making discoveries, growing the company’s resource base and delivering long-term value to shareholders.

Greenvale chair Neil Biddle said Cheeseman’s appointment was a great step forward for Greenvale.

“He is a diligent, capable and highly driven professional with hands-on experience at senior levels across the Australian mining and exploration industry,” Biddle said.

“He brings the right blend of experience and skills we need to take the company forward. 

“The board is pleased to have attracted someone of Alex’s calibre to Greenvale and we look forward to working with him to drive shareholder value through the growth and development of our projects.”

Greenvale Energy projects

Greenvale holds a collection of uranium projects, as well as a torbanite (bitumen) and geothermal energy project.

The company’s primary focus is on its Northern Territory uranium portfolio, which includes the Jindare, Henbury, Douglas River, Tobermorey, Elkedra and Oasis projects.

GRV recently identified several uranium anomalies with a geophysical and radiometric survey flown over the Jindare and Henbury projects.

These targets will be followed up with ground exploration later in 2025, with plans for field mapping and sampling over the anomalous areas.

The company is also flying a magnetics and radiometric survey over the Elkedra and Douglas River projects and will begin an aggressive exploration program at Oasis once the wet season ends.

The work will be done in three stages:

1. Geochemical testing of the entire Oasis shear, which extends under cover for 1.5km north of identified mineralisation, using the track etch technique (radon gas cupping, emanometry).
2. Geochemical testing of eight priority coincident radiometric/structural anomalies using the track etch technique and follow-up drilling of identified targets; and
   
3. Ground-truthing and detailed mapping of all undercover structural splays emanating from the Lynd Mylonite zone, where radiometrics do not work and geochemical testing of identified splays will be undertaken using the track etch technique.

This article was developed in collaboration with Greenvale Energy, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.