Greenvale mining is an Australian based junior explorer focused on creating value through prudent and vigorous exploration of its two key projects, the unique Alpha Torbanite Project, and the exciting Geothermal Project in Central Queensland.
The Alpha Torbanite Project is located approximately 50km south of the Central Queensland town of Alpha. Alpha torbanite is exceptionally high-grade, containing up to 650 litres of hydrocarbon per tonne of torbanite, and can produce high-value bitumen. The Alpha Torbanite Project is coming to the end of its pre-feasibility stage, with exceptional results from Parr Reactor tests which help demonstrate the strong technical and commercial outlook for the Alpha Project. On the completion of Alpha Torbanite Project Greenvale will be Australia’s only producer of bitumen binder produce as currently all bitumen binder produce is imported from overseas.
The Geothermal Power Projects are focussed in Central Queensland, primarily targeting the highly prospective Millungera Basin. Where hot sedimentary rocks are thought to exist at depths of up to 2km, enabling the development of a series of Geothermal Power Stations. Independent confirmation of the geothermal potential of the Millungera Basin supports our decision to prioritise exploration of this area and allows us to move forward with the planning of a comprehensive exploration program.
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED – 8.79%
BIDDLE PARTNERS PTY LTD – 7.12%
KALONDA PTY LTD – 5.23%
GUN CAPITAL MANAGEMENT PTY LTD – 4.93%
GOTHA STREET CAPITAL PTY LTD – 2.75%
Management Ownership – 24%
Mark Turner – CEO
Mr. Turner is highly experienced executive and qualified engineer with over 25 years of experience in the energy sector and a proven track record of major project delivery in the oil & gas, water, power, renewables, and nuclear industries. Mr. Turner is a project management specialist who is ideally qualified to lead the development of the Alpha Torbanite Project as well as the Company’s significant emerging geothermal energy program.
His expertise encompasses all project phases (from concept, feasibility studies, Detail Design, Construction to completion) and includes approvals, safety, engineering, procurement, contracts, scope, scheduling, cost, quality, risk, reporting, construction and commissioning. Across his career, Mr. Turner has held senior management and executive positions with Jemena Ltd, Wood Group and WorleyParsons.
Along with sitting on the Greenvale Board, Mr. Turner also holds the role of Chief Executive Officer for Greenvale Mining.
Greenvale’s is looking to raise capital as our key projects start to transmission into the next phase of developments.
Liquification initial trial results for Alpha Torbanite Project. Inferred resource for Greenvale Geothermal Tenements.
Pre-feasibility for Alpha Torbanite Project completed. EPG’s awarded for geothermal projects.
Pilot plant testing for Alpha Torbanite Project. Exploration Drilling for geothermal projects.
Establishing the correct process for the Alpha Torbanite Project, to ensure it follows the most commercially viable pathway while adhering to strict Environmental, Social, and Governance. We are overcoming this by developing a pilot plant to prove concept of design, and by carbon offsetting the project by producing green geothermal energy which will generate carbon credits.
Australia imports all bitumen from overseas, therefore the Alpha Torbaite project would make Greenvale the only bitumen binding producer in Australia. Greenvale has the potential opportunity to meet all of Queensland, Australia bitumen requirements. The geothermal projects will not only to generate carbon credits, but also significant income from power generation.
1. Clear vision to become the only sustainable, domestic and fully carbon-offset producer of bitumen products to feed the critical infrastructure needs of Australia.
2. Articulated renewable energy strategy and clear actions being taken via investments in geothermal energy.
3. Geothermal energy is the only truly renewable, fully dispatchable energy source capable of supporting base load requirements.