Basin Energy Ltd’s Post

Orpheus Uranium (ASX: ORP) is pleased to provide an update on the activities and progress for the quarter ended 31 March 2024. Highlighted by the 🔊 Maiden Drilling Campaign Preparation at Frome Uranium Project, SA . 💠 Orpheus has defined its initial drilling campaign within the Exploration Target Zone at the Erudina prospect, Frome project, set to commence once SA Government approvals are received (expected Q2 CY2024). 💠First-pass campaign of ~30 rotary mud drillholes for 7,000m drilling planned to initially target 12 historic drillholes that contain uranium mineralisation (using a nominal cut-off grade of 250ppm eU3O8 with at least 0.5m vertical thickness that is applied to sedimentary-hosted uranium deposits in the district). 💠Drilling is primarily designed to: • Identify sedimentary-hosted uranium mineralisation, targeting pyritic sands, gravels and carbonaceous material of the Lower Eyre Formation. • Target 12 historic drillholes that contain uranium mineralisation ore grades. • Test the mineralisation potential of palaeochannel features identified from interpretation of the detailed passive seismic survey. Read full ASX Announcement here - https://bit.ly/44nqotu #ASXnews #asx #uranium

Basin Energy Limited (ASX:BSN) is pleased to provide an update on preparations for its Phase two drilling program at the Geikie Uranium Project scheduled to start in Q1 2024. The Project is located on the eastern margin of the world-class Athabasca Basin in Canada. Maiden drilling completed in August 2023 successfully identified uranium mineralisation with assays up to 0.27% U3O8. Uranium mineralisation is located proximal to two regionally significant structures at Aero Lake and Preston Creek, with associated extensive hydrothermal alteration characteristic of large uranium mineralising systems. Modelling and integration of the recently completed Airborne Gravity Gradiometer (‘AGG’) data has provided a series of high priority targets that warrant next phase drill testing. The AGG survey was designed to target areas of enhanced basement alteration associated with drill defined uranium fertile structural corridors. Basin’s Managing Director, Pete Moorhouse, commented: “Basin is preparing for a busy winter exploration season at its Athabasca uranium projects. We are excited to be following up on the success of our phase one drilling at Geikie, which intersected significant uranium mineralisation, with a robust phase two drill program. Our first phase of drilling identified uranium mineralisation and the key ingredients for an Athabasca basement-hosted high-grade uranium deposit, including significant alteration associated with regional structures. Our AGG survey then defined a series of compelling gravity lows indicating the potential for intense alteration. This combined data leaves us with very exciting drill targets that we are eager to move forward on in phase two of drilling. Also, the recent news of consolidation in the Eastern Athabasca further supports our interpretation of the prospectivity of this previously overlooked part of the prolific Athabasca Basin. We are continuing to see a very positive sentiment in the uranium space with the uranium spot price now at 15 year highs. Basin is extremely well positioned to capitalise on this through the exploration of its projects in the world-class Athabasca Basin.” Read more: https://lnkd.in/dUh79ye2 #BSN #Athabasca #Geikie #Uranium Blake Steele Pete Moorhouse Cory B.. Peter Bird Ben Donovan - AGIA ACIS Odile Maufrais

**Bayridge gains drilling permit for #uranium project in Canada** - Drilling Permit Secured: Bayridge Resources Inc (CSE: BYRG) (OTC: BYRRF) (FSE: O0K) has secured a three-year #drilling permit for its Waterbury East uranium project in the Athabasca Basin, Saskatchewan, Canada, valid until 31 July 2027. - Exploration Potential: The 1,337-hectare project, situated in a geological setting conducive to both unconformity-hosted and basement-hosted uranium deposits, allows for up to 40 drill sites and necessary preparatory work. - Historical Findings: Historical airborne EM surveys have identified a key east-north-east-striking conductor, with past drilling by CanAlaska Uranium in 2007 revealing a 17m intersection of anomalous uranium enrichment. - Partnership Details: Bayridge has the option to acquire up to an 80% interest in the Waterbury East project from CanAlaska Uranium Ltd, through a combination of cash payments, share issuances, and exploration expenditures over the next four years. - Next Steps: Bayridge, fully funded for a multi-hole drill program set for late Q3 2024, is collaborating with in3D Geoscience to prioritize drilling targets based on recent Geotech VTEM survey data. #mining #mineralexploration #mineralprocessing

$BSN - Basin Energy Ltd is pleased to provide an update on preparations for its Phase two drilling program at the Geikie Uranium Project scheduled to start in Q1 2024. The Project is located on the eastern margin of the world-class Athabasca Basin in Canada. Maiden drilling completed in August 2023 successfully identified uranium mineralisation with assays up to 0.27% U3O8. Uranium mineralisation is located proximal to two regionally significant structures at Aero Lake and Preston Creek, with associated extensive hydrothermal alteration characteristic of large uranium mineralising systems. Modelling and integration of the recently completed Airborne Gravity Gradiometer (‘AGG’) data has provided a series of high priority targets that warrant next phase drill testing. The AGG survey was designed to target areas of enhanced basement alteration associated with drill defined uranium fertile structural corridors. Basin’s Managing Director, Pete Moorhouse, commented: “Basin is preparing for a busy winter exploration season at its Athabasca uranium projects. We are excited to be following up on the success of our phase one drilling at Geikie, which intersected significant uranium mineralisation, with a robust phase two drill program. Our first phase of drilling identified uranium mineralisation and the key ingredients for an Athabasca basement-hosted high-grade uranium deposit, including significant alteration associated with regional structures. Our AGG survey then defined a series of compelling gravity lows indicating the potential for intense alteration. This combined data leaves us with very exciting drill targets that we are eager to move forward on in phase two of drilling. Also, the recent news of consolidation in the Eastern Athabasca further supports our interpretation of the prospectivity of this previously overlooked part of the prolific Athabasca Basin. We are continuing to see a very positive sentiment in the uranium space with the uranium spot price now at 15 year highs. Basin is extremely well positioned to capitalise on this through the exploration of its projects in the world-class Athabasca Basin.” Read more: https://lnkd.in/dj2R-gWF #BSN #Athabasca #Geikie #Uranium Blake Steele Pete Moorhouse Cory B.. Peter Bird Ben Donovan - AGIA ACIS Odile Maufrais

Deep Yellow unearths additional resources at Namibian project Uranium explorer Deep Yellow Limited is making strides towards extending the mine life of its Tumas project to a targeted 30 years, with a recent drill programme unearthing additional resources to prolong the current life-of-mine (LoM). The primary objective of the reverse circulation resource expansion and infill drilling programme completed to the west of the Tumas 3 deposit was to identify additional resources to extend the current 22.5-year LoM. https://lnkd.in/dWmdnMPR

$BSN - Basin Energy Ltd is pleased to provide an update on preparations for its Phase two drilling program at the Geikie Uranium Project scheduled to start in Q1 2024. The Project is located on the eastern margin of the world-class Athabasca Basin in Canada. Maiden drilling completed in August 2023 successfully identified uranium mineralisation with assays up to 0.27% U3O8. Uranium mineralisation is located proximal to two regionally significant structures at Aero Lake and Preston Creek, with associated extensive hydrothermal alteration characteristic of large uranium mineralising systems. Modelling and integration of the recently completed Airborne Gravity Gradiometer (‘AGG’) data has provided a series of high priority targets that warrant next phase drill testing. The AGG survey was designed to target areas of enhanced basement alteration associated with drill defined uranium fertile structural corridors. Basin’s Managing Director, Pete Moorhouse, commented: “Basin is preparing for a busy winter exploration season at its Athabasca uranium projects. We are excited to be following up on the success of our phase one drilling at Geikie, which intersected significant uranium mineralisation, with a robust phase two drill program. Our first phase of drilling identified uranium mineralisation and the key ingredients for an Athabasca basement-hosted high-grade uranium deposit, including significant alteration associated with regional structures. Our AGG survey then defined a series of compelling gravity lows indicating the potential for intense alteration. This combined data leaves us with very exciting drill targets that we are eager to move forward on in phase two of drilling. Also, the recent news of consolidation in the Eastern Athabasca further supports our interpretation of the prospectivity of this previously overlooked part of the prolific Athabasca Basin. We are continuing to see a very positive sentiment in the uranium space with the uranium spot price now at 15 year highs. Basin is extremely well positioned to capitalise on this through the exploration of its projects in the world-class Athabasca Basin.” Read more: https://lnkd.in/dUh79ye2 #BSN #Athabasca #Geikie #Uranium Blake Steele Pete Moorhouse Cory B.. Peter Bird Ben Donovan - AGIA ACIS Odile Maufrais

Deep Yellow unearths additional resources at Namibian project: Uranium explorer Deep Yellow is making strides towards extending the mine life of its Tumas project to a targeted 30 years, with a recent drill programme unearthing additional resources to prolong the current life-of-mine (LoM). The primary objective of the reverse circulation resource expansion and infill drilling programme completed to

Cosa Resources Corp reports: "The recently completed ground geophysical survey confirmed quality basement conductors are present in target areas identified from the Property-wide 2023 #MobileMT survey" over Ursa Uranium Project in Athabasca Basin, Saskatchewan. Up to 3,000 metres of diamond drilling is planned at Ursa. The objective of drilling is to complete first pass testing in one or two of the eleven target areas identified from Cosa's 2023 #MobileMT survey. https://lnkd.in/gQgTrZpw #airbornegeophysics #mineralexploration #uranium

Stallion Uranium Drilling Intersects Anomalous Radioactivity - https://lnkd.in/gztpzhBg

Standard Uranium Ltd. CEO Jon Bey joined Steve Darling from Proactive to to unveil the company's ambitious exploration plans for 2024. These plans encompass multiple targeted exploration programs aimed at advancing Standard Uranium's #uranium projects in the Athabasca Basin, Saskatchewan, Canada. Standard Uranium intends to execute a minimum of three drill programs on three different projects within the #AthabascaBasin , with two of these programs being partner-funded, providing operator fees to the company. One of the highlights of the exploration plan is the flagship Davidson River project, where drilling is scheduled to take place in H2 2024. This campaign will entail a follow-up on Davidson River's most prospective basement structures and alteration zones identified to date, as well as testing new target areas within recently staked claim blocks. Watch at #Proactive #ProactiveInvestors #TSXV #OTCQB #STND #STTDF http://ow.ly/ElRE10597wk