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Basin Energy Tenement & Exploration Update

Basin Energy advised it was granted a new exploration permit in northern Sweden. The new Trollberget permit covers 116km2 and signifyingly increases the company’s landholdings near its existing Virka, Björkberget, and Rävberget projects.

During November and December, the company conducted an initial reconnaissance program at the three projects resulting in nineteen samples from Björkberget, three samples from Rävberget, and 23 samples from Virka being sent off for geochemical analysis.

Basin Energies tenements in the Arvidsjaur-Arjeplog uranium district (Source: www.basinenergy.com.au)