Greenvale Energy LimitedASX: GRV

Alpha Testwork Progress Update

· Issued by Greenvale Energy Limited

Filed with ASX · · 11 pages · English

Summary by 6ix AI

Greenvale Energy Limited has released an update on the Alpha Project, detailing the initial assessment of product samples conducted by Technix, which has been completed successfully. The assessment confirmed that light-end fractions were effectively removed through atmospheric and vacuum distillation, allowing the product to meet certain specifications. The next phase will involve applying Technix's multistage bitumen process to enhance viscosity and penetration characteristics before independent certification. The company remains optimistic about the project's potential, especially given the significant resource estimate associated with the Alpha Project.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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