Basin Energy Limited (AU:BSN) has released an update.
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Basin Energy Limited has reported encouraging results from their Phase 2 drilling program at the Geikie Uranium Project, revealing elevated uranium levels and pathfinder elements in Canada’s Athabasca Basin. The findings demonstrate significant potential for basement-hosted uranium deposits, with a 1.5 km strike length of high prospectivity still unexplored. The company’s Managing Director expresses optimism for future exploration based on these positive outcomes.
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