Athabasca Basin Projects, Canada

Basin Energy Limited (ASX: BSN) identifies new uranium drill targets at the Marshall and North Millennium Uranium Projects in the Athabasca Basin. The 2024 geophysical program revealed conductive anomalies, boosting confidence in drill targeting. Located near major uranium deposits, these projects have high exploration potential. Basin Energy is well-funded for the next exploration round...

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Project Summary

Basin Energy is focused on exploring high-grade uranium deposits in the Athabasca Basin, Saskatchewan, Canada. The company’s primary projects include the North Millennium, Geikie, and Marshall Projects. These projects are strategically located near significant uranium deposits and mining operations, aiming to support the global energy transition

North Millennium

  • Basement conductor trend is an interpreted extension of the Mother Fault that hosts the Millennium Deposit (104.8 Mlb U3O8 @ 3.76%*)

  • Situated 40km SW of McArthur River and only 7km north of the Millennium Deposit in the Athabasca Basin

Geikie

  • Shallow targets amenable to rapid exploration in an overlooked part of the district 

  • Historic surface geochemistry demonstrates presence of uranium and pathfinder elements

  • Adjacent tenure to 92 Energy’s (ASX:92E) Gemini discovery 43m @ 0.6% eU3O8 incl 6m @ 2.2% U3O8** and Baselode Energy’s (TSXV:FIND) ACKIO discovery 31.0m @ 0.9% eU3O8 ***