Basin Energy Advances Uranium Exploration

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

Basin Energy Limited has completed winter exploration programs for its Athabasca uranium properties, with promising findings such as a significant alteration zone at Geikie and conductive anomalies at Marshall, indicating potential for high-quality uranium deposits. The uranium market continues to show strong fundamentals with a stable spot price, and Basin’s treasury stands at $2.5 million, ensuring ongoing exploration efforts.

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