Greenvale Energy (ASX: GRV) has reported a major step-change in its evolution as an emerging uranium explorer with the proposed acquisition of the Pine Creek project alongside its existing Douglas River tenure, establishing a 2,466 square kilometres exploration footprint in the Northern Territory. In the three months to end June, Greenvale executed an agreement with Patronus Resources (ASX: PTN) to acquire the uranium rights to Pine Creek, comprising multiple granted exploration licences and mining leases over 1,250 sq km of the Pine Creek Orogen. Pine Creek sits adjacent to Douglas River, with the combined project area being referred to as the Thunderball uranium project, providing a strong platform from which to pursue the Territory’s next significant uranium development. Technix successfully removed the light-end (volatile) fractions through atmospheric and vacuum distillation, after which the re-tested material passed flash point assessment against C-170 specification requirements. Multi-Stage Bitumen ProcessWhile penetration test work indicated compliance within the C-170 specification, viscosity performance at 60° Celsius and 135°C remained below typical C-170 bitumen specifications.