Quarterly Report on Basin Energy Limited's Operational Performance
Basin Energy Advances Green Energy Metals Exploration in Canada and Scandinavia
Sydney, Australia - Basin Energy Ltd, a green energy metals exploration and development company, is making significant strides in advancing its projects in both the Athabasca Basin, Canada, and Scandinavia.
In Scandinavia, the company has made substantial progress in North Sweden and Finland. Basin Energy has completed structural relogging of historical drill core across key projects—Virka, Bjorkberget, and Ravaberget—identifying key mineralised structures associated with known mineralisation trends. Rock chip sampling indicated high-grade mineralisation, including over 5.9% uranium oxide, up to 9.8% zinc, and more than 0.3% total rare earth oxides.
Currently, 441 drill core samples from 36 historical holes are undergoing multi-element assays to define next-stage exploration targets. Basin Energy is also engaging potential partners to unlock shareholder value from its non-core deeper unconformity uranium targets. The company remains committed to exploring high-conviction shallow uranium and green energy metal projects in the region.
In the Athabasca Basin, Canada, Basin Energy's direct project updates are limited, but the region remains a leading uranium province with active exploration by other companies such as IsoEnergy. IsoEnergy, a prominent uranium explorer in the Athabasca Basin, reported strong drilling results at their Dorado joint venture near the Hurricane deposit, highlighting high-grade uranium mineralization and ongoing assay processing. IsoEnergy’s activities underscore the ongoing demand and exploration momentum for uranium in the Athabasca Basin, an environment relevant to Basin Energy’s interests and strategic objectives.
Basin Energy has recently acquired a significant portfolio of Green Energy Metals exploration assets located in Scandinavia. The company's shares are also traded on OTC Markets under the symbol BSNEF. Chloe Hayes is the Investor and Media Relations contact for Basin Energy Ltd and can be reached at +61 458619317 or [email protected]. Pete Moorhouse, the Managing Director of Basin Energy Ltd, can be reached at +61 7 3667 7449 or [email protected].
Basin Energy operates in Canada and Scandinavia for its green energy metals exploration activities. The company is listed on the ASX under the ticker symbol BSN. Its operations are focused on the exploration and development of green energy metals, particularly uranium and other green energy metals. The company's activities are primarily located in the Athabasca Basin in Canada and Scandinavia, a world-renowned area for green energy metals exploration.
- Basin Energy, operating in Canada and Scandinavia, is actively exploring for green energy metals, including uranium, in both regions.
- In Scandinavia, Basin Energy has identified high-grade mineralization of uranium, zinc, and rare earth oxides, and is currently analyzing drill core samples to define future exploration targets.
