Jane Morgan Management (JMM)’s Post

$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

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

Baselode Energy Corp. (TSX-V:FIND, OTCQB:BSENF) said it plans an expansion of its drill program at the Catharsis #uranium project after promising early results included intersections of anomalous radioactivity similar to other uranium deposits. Drilling will be extended to 4,000 metres, the Toronto-based company said. following the discovery of anomalous radioactivity within a structural corridor, indicating potential similarities with other high-grade uranium deposits. Chief executive officer James Sykes expressed optimism about these findings, which include quartz-hematite oxidized fluid systems and clay alteration characteristics, leading to an increased exploration scope. The drilling program aims to explore additional target areas for near-surface, high-grade uranium deposits. More at #Proactive #ProactiveInvestors #TSXV #OTCQB #FIND #BSENF http://ow.ly/vQ5c105kyA3

Standard Uranium Ltd. (TSX-V:STND, OTCQB:STTDF) has outlined its ambitious exploration plans for 2024, focusing on advancing its #uranium projects in the Athabasca Basin of #Saskatchewan. The company holds nearly 200,000 acres of prime exploration real estate across eight projects in the Athabasca Basin, known for hosting the world's highest-grade uranium deposits. Key objectives for 2024 include operating at least three drill programs on different projects across the Basin, with two of them being partner-funded. The newly acquired Rocas and Corvo projects will undergo initial exploration and geophysical programs, according to the company. Additionally, inaugural drill campaigns are planned for the Canary, Ascent, and Atlantic projects, targeting unexplored areas with high discovery potential. More at #Proactive #ProactiveInvestors #TSXV #OTCQB #STND #STTDF #StandardUranium http://ow.ly/NHTb1058BP2

**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

Baselode Energy Corp. (TSX-V:FIND, OTCQB:BSENF) has announced positive findings from the final #uranium assays of its 7,512-meter diamond drilling program at its Hook project, outside the ACKIO uranium prospect. The company said its exploration unearthed new anomalous uranium in previously untested areas east of ACKIO, expanding the company's geological understanding of the broader Hook project, which shows "excellent potential" for additional deposits. "The results from these preliminary exploration drill holes encourage us to further test the project-scale fertile structure that hosts ACKIO," #BaselodeEnergy president and CEO James Sykes commented in a statement. "In addition to the Mirror and Sandstone targets, we will be drilling additional regional targets in 2024." More at #Proactive #ProactiveInvestors #TSXV #OTCQB #FIND #BSENF #BaselodeEnergyCorp http://ow.ly/iERK1055wwi

Atha Energy Corp. (CSE:SASK, OTCQB:SASKF) said it has made a significant stride in #uranium exploration with the discovery of a uriniferous boulder train at its North Beacon project, boasting grades of up to 11.3% U3O8. The company said in a statement that has uncovered promising prospects, including multiple uranium showings and conductors featuring interpreted cross-cutting structures. The analysis of these boulders can help geologists trace back to the potential origin of the uranium and guide further exploration efforts to locate the primary uranium source, which could be a significant uranium deposit. ATHA’s analysis indicated that these boulders are likely sourced from a region coinciding with the Snowbird tectonic zone on the Crest project. More at #Proactive #ProactiveInvestors #CSE #OTCQB #SASK #SASKF http://ow.ly/aWFY105eIll

Standard Uranium Ltd (@standarduranium) is set to commence an ambitious drilling campaign at its Sun Dog Uranium Project in Saskatchewan. The company's vice president of exploration, Sean Hillacre, revealed that the program aims to test high-priority targets for potential high-grade, basement-hosted uranium mineralization along well-defined structural corridors. 'Several promising drill targets have been prioritized,' Hillacre stated. These targets were identified through prospecting conductive rock trends revealed by an advanced airborne survey. The company aims to explore conductive corridors characterized by newly discovered radioactive graphitic fault zones visible at the surface. The program will involve drilling approximately 1,000 to 1,200 meters across 5 to 7 drill holes. Standard Uranium plans to continuously modify and adjust the program based on ongoing results and geological interpretations, optimizing the exploration process for a significant uranium discovery. #uranium #exploration #saskatchewan #miningnews

Inaugural exploration has started at Koba Resources’ high-grade Harrier uranium project in Newfoundland and Labrador, Canada, to test high-priority targets. Koba Resources Limited https://buff.ly/3RlPi7q #ASX $KOB

Baselode Energy Corp. (TSX-V:FIND, OTCQB:BSENF) said it has earmarked C$12 million for exploration in 2024 across its Bear, Catharsis and Hook uranium projects in northern Saskatchewan's Athabasca Basin. There are plans to start four programs in two weeks at Catharsis where eight to 10 drill holes for 2,000 metres (m) are planned for five different untested target areas. In May, six to eight holes will be drilled at Bear covering 1,500m and one to two untested target areas. A 2,000 line km gravity and magnetics airborne survey is planned for later in the year. At ACKIO (Hook), 35 to 50 drill holes for 12,000m are planned for delineation and exploration along strike and depth of the mineralized structure. The program is scheduled to start in early June. #TSXV #OTCQB #FIND #BSENF More at #Proactive #ProactiveInvestors http://ow.ly/m2P3105cZuf