Phase two drilling program begins at Alpha

Greenvale Energy (ASX:GRV) has begun the second phase of drilling at its Alpha Torbanite Project in Queensland.  

All up, 25 HQ core holes and 15 open holes will be drilled. The core hole will aim to increase the size and confidence levels in the 18.6Mt Alpha mineral resource, while the open holes are designed to test the continuity of the upper and lower seams to the south and north of the deposit within EPM 27718.  

The drilling program will also accelerate updated structural and geological modelling as well as provide key geotechnical date for mine planning and design work.  

Drilling is expected to take around 55 days to complete with BG Drilling engaged to complete the 2000m program.  

Over the past few weeks, Greenvale’s field team has been completing drill pad and access track preparation.  

Greenvale chief executive Mark Turner said the company is excited to begin drilling.  

“We are really excited to have the team out in the field at Alpha with the first major drilling program at the project now underway since our phase one program back in 2021,” he said.  

“This is a pivotal drilling campaign in a number of respects. It will, firstly give us a significant amount of geological, structural and technical data that will allow us to improve confidence levels in the current inferred resource and calculate an indicated resource to support feasibility work.  

“It has also been designed to target potential extensions of the deposit to the south and west where we have identified clear potential to grow the overall scale of the resource. 

“Finally, it will provide important geotechnical data to facilitate mine design.”