Basin Uranium Corp. is pleased to provide an update on permitting for the Company's flagship Chord uranium project in South Dakota. A permit application was submitted in March, which would allow for the drilling of up to 50 holes totaling up to 35,000 feet. The drill program will focus on delineating the southern extension of known mineralization from the October Jinx mineralized body within the recently-acquired 640 acre [...]
Basin Uranium Corp. is pleased to announce the formation of an advisory board to advance its US-focused uranium assets with the appointment of two industry veterans: Mr. Dan McCarn, CPG and Mr. John Glasscock. "I am excited to have Mr. McCarn and Mr. Glasscock join the Basin Uranium Advisory Board. Both appointees have extensive experience in the Uranium industry domestically and abroad. Basin will continue to build out [...]
Basin Uranium Corp. is pleased to announce it has acquired the Wolf Canyon Uranium Project located in Fall River County, South Dakota, USA. The Project, which was acquired through direct staking by the Company, is comprised of 80 unpatented mineral lode claims totaling 1,600 acres located two miles east of US Hwy-18 and approximately eight miles east of the Company's flagship Chord project. "The staking of Wolf Canyon [...]
Basin Uranium Corp. is pleased to announce that partner company, Nexus Uranium Corp. has provided an update on the receipt of permits and its exploration plans at the Wray Mesa project in Utah. The permits were issued by the State of Utah Department of Natural Resources Division of Oil, Gas and Mining covering the Ajax and Dylan areas for the drilling of up to 50 holes. Under the terms of the option agreement, Nexus will [...]
Basin Uranium Corp. is pleased to announce it has successfully confirmed the presence of a significant amount of water in multiple monitoring wells across the Chord Uranium Project in South Dakota. The confirmatory sampling of these wells continues to demonstrate potential for mineralization to be amenable to in-situ recovery methods for at least the lower portions of the mineralization. "The well sampling and water level [...]
Basin Uranium Corp. is pleased to announce it has acquired the South Pass Property Uranium Project located in Fremont and Sublette County, Wyoming, USA. The Project, which was acquired through direct staking by the Company, is comprised of 151 unpatented mineral lode claims totaling 3,775 acres located along the perimeter of the Great Divide Basin of Wyoming . Wyoming is home to both the largest uranium reserves and top [...]
Basin Uranium Corp. is pleased to announce it has engaged BRS Engineering to complete a maiden NI 43-101 Resource Estimate for its flagship Chord Uranium Project in South Dakota, USA. The Property is comprised of 3,677 contiguous acres and located approximately 5 miles southwest of enCore Energy Corp.'s Dewey-Burdock development project. The Project has seen extensive historical drilling with over 1,000 holes drilled [...]
Basin Uranium Corp. is pleased to announce the acquisition of an additional 640 acres contiguous to its flagship Chord Uranium Project in South Dakota, which now stands at 3,677 acres of contiguous landholdings located approximately 5.5 miles southwest of enCore Energy Corp.'s Dewey-Burdock development project. The recently acquired claims adjoin the October Jinx mineralized zone to the south , where historical drilling [...]
Basin Uranium Corp. is pleased to announce that it has entered into an option agreement with Golden Independence Mining Corp. for Golden Independence to acquire up to a 90%-interest in the Wray Mesa uranium project in Utah, USA. Under the terms of the Option Agreement, Golden Independence will contribute cash, share and exploration expenditure consideration totaling over $4,700,000 CAD during the Option Agreement period [...]
Basin Uranium Corp. is pleased to announce that, further to its news release on September 18, 2023, the Company has closed a non-brokered private placement of 5,416,667 units of the Company at a price of $0.12 per Unit for gross proceeds of $650,000 . Each Unit is comprised of one common share in the capital of the Company and one Share purchase warrant . Each Warrant entitles the holder thereof to acquire one additional [...]
Basin Uranium Corp. announces that it intends to re-price a total of 2,503,306 post-Consolidation common share purchase warrants . The Warrants were originally issued pursuant to a non-brokered private placement, which closed in two tranches on October 19, 2022 and November 15, 2022. The original exercise price of the Warrants was $0.25, but following the Company's 4-to-1 share consolidation effected on June 26, 2023, the [...]
Basin Uranium Corp. is pleased to announce a non-brokered private placement of up to 5,416,667 units of the Company at a price of $0.12 per Unit for gross proceeds of up to $650,000 . Each Unit will be comprised of one common share in the capital of the Company and one Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Share at a price of $0.25 per Warrant Share for a period of [...]
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