Basin Energy Limited (AU:BSN) has released an update.
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Basin Energy Limited has completed its geophysical surveys for the winter 2024 program, identifying promising uranium drill targets at the Marshall and North Millennium projects in the uranium-rich Athabasca Basin. The surveys revealed several conductive anomalies consistent with regional models, bolstering confidence in the company’s exploration strategy as they remain well-funded for upcoming field explorations. The proximity of these projects to significant nearby uranium deposits underscores the potential impact on Basin’s uranium portfolio.
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