Basin Energy Limited (AU:BSN) has released an update.
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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