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Basin Energy Reports High Grade Uranium Assays

Basin Energy reported the identification of high-grade uranium mineralization at several prospects in Northern Sweden. The highest grades, appear to be linked to vein and shear-hosted uranium mineralization at the Björkberg target, with two samples exceeding the detection limit of 2.95% U3O8.

Further vein-related mineralization with grades up to 0.67% U3O8 and the occurrence of disseminated uranium in a granite at the Rävaberget prospect, returning up to 0.55% U3O8 speak for the prospectivity of the region.

The company is also currently re-logging and resampling historic core from the Rävaberget and Björkberget prospect and announced plans for further fieldwork to commence in Q2 2025.

 

Samples from Björkberget (A,B), Trollberget C) and Rävaberget (D) (Source: www.basinenergy.com.au)