Basin Energy Ltd  Quarterly Activities Report July 30, 2025

Basin Energy Ltd Quarterly Activities Report July 30, 2025

Perth, Australia (ABN Newswire) - Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) is pleased to provide an overview of activities for the period ending 30 June 2025 ('Quarter', or the 'Reporting Period') and an accompanying Appendix 5B.

Key Highlights

- Identified and characterised key structures within historical drill core from North Sweden that appear to be associated with mineralisation seen in surface rock chips:

o Highlights of this mineralisation include rock chip samples over 5.9% uranium oxide, up to 9.8% zinc and greater than 0.3% total rare earth oxides

- 441 drill core samples from 36 historical holes across Basin's North Sweden projects are currently at lab for multi-element assays to support next-stage target definition.

- Key mineralised structures identified through structural relogging across Basin's Scandinavian projects.

- Initiated potential partner discussions with multiple parties to release shareholder value for non-core deeper unconformity uranium targets

- Remain committed to exploring high-conviction shallow uranium and green energy metal projects

Basin's Managing Director, Pete Moorhouse, commented:

"Over the past quarter, our team has been diligently progressing critical groundwork across our North Sweden projects. Structural relogging of historical drill core has now been completed across Virka, Bjorkberget and Ravaberget - with multiple key structures now clearly associated with known mineralised trends. These insights form the backbone of our next stage of exploration targeting.

The confirmation of a polymetallic system that includes uranium grades exceeding 5.9% U3O8 in North Sweden leaves a tantalising opportunity for modern exploration in a re-emerging district.

With Q1's 249D review firmly behind us, we're focused squarely on converting our high-conviction targets into tangible results that create shareholder value, whilst pursuing opportunities to release shareholder value for our non-core deeper targets. As global uranium demand accelerates and Europe prioritises secure, local supply chains, Basin's shallow, low-cost targets in Sweden are emerging as a strategically vital opportunity in a reawakening uranium district."

*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/18IBH39M



About Basin Energy Ltd:

Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) is a green energy metals exploration and development company with an interest in three highly prospective projects positioned in the southeast corner and margins of the world-renowned Athabasca Basin in Canada and has recently acquired a significant portfolio of Green Energy Metals exploration assets located in Scandinavia.



Source:
Basin Energy Ltd



Contact:
Pete Moorhouse
Managing Director
pete.m@basinenergy.com.au
+61 7 3667 7449

Chloe Hayes
Investor and Media Relations
chloe@janemorganmanagement.com.au
+61 458619317

News Provided by ABN Newswire via QuoteMedia

BSN:AU
Basin Energy

Basin Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Basin Energy Logo

Basin Energy

Basin Energy

Basin Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Targeting uranium and rare earth elements (REEs) in Australia, Canada, Sweden and Finland.

Basin Energy Ltd  Annual Report to Shareholders

Basin Energy Ltd Annual Report to Shareholders

Perth, Australia (ABN Newswire) - Over the past year, Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) has continued its work efforts in the Athabasca Basin including increasing its landholding at Geikie, in addition to diversifying its asset base with the early mover Nordic strategic acquisition... Keep Reading...
Acquires Extensive Uranium and Rare Earth Portfolio

Acquires Extensive Uranium and Rare Earth Portfolio

Basin Energy (BSN:AU) has announced Acquires Extensive Uranium and Rare Earth PortfolioDownload the PDF here. Keep Reading...
Basin Energy Ltd  Investor Webinar and Presentation

Basin Energy Ltd Investor Webinar and Presentation

Perth, Australia (ABN Newswire) - Basin Energy Limited (ASX:BSN) (OTCMKTS:BSNEF) is pleased to invite shareholders and investors to an investor webinar where Managing Director, Pete Moorhouse will provide a Company update following the recently acquired extensive uranium and rare earth portfolio... Keep Reading...
Basin Energy Ltd  Acquires Extensive Uranium and Rare Earth Portfolio

Basin Energy Ltd Acquires Extensive Uranium and Rare Earth Portfolio

Perth, Australia (ABN Newswire) - Basin Energy Limited (ASX:BSN) (OTCMKTS:BSNEF) is pleased to announce that it has entered into a binding agreement to acquire 100% of the issued capital of NeoDys Limited ("NeoDys"), a privately held critical minerals explorer with a dominant landholding in the... Keep Reading...
Trading Halt

Trading Halt

Basin Energy (BSN:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
American Uranium Limited  Lo Herma Resource Expansion Drilling Approved

American Uranium Limited Lo Herma Resource Expansion Drilling Approved

Perth, Australia (ABN Newswire) - American Uranium Limited (ASX:AMU,OTC:GTRIF) (OTCMKTS:GTRIF) is pleased to advise that The State of Wyoming's Land Quality Division (LQD) has now approved AMU's resource development drilling program. The first phase of drilling is expected to commence during the... Keep Reading...
BPH Energy Limited  PEP 11 Update

BPH Energy Limited PEP 11 Update

Perth, Australia (ABN Newswire) - On 20 January 2025, BPH Energy Limited (ASX:BPH) and Bounty Oil & Gas NL (Bounty) (ASX:BUY) as the PEP 11 Joint Venture announced that they had been given notice by the National Offshore Petroleum Titles Administrator (NOPTA) that the Joint Authority had refused... Keep Reading...
BPH Energy Limited  PEP 11 Update

BPH Energy Limited PEP 11 Update

Perth, Australia (ABN Newswire) - On 20 January 2025, BPH Energy Limited (ASX:BPH) and Bounty Oil & Gas NL (Bounty) (ASX:BUY) as the PEP 11 Joint Venture announced that they had been given notice by the National Offshore Petroleum Titles Administrator (NOPTA) that the Joint Authority had refused... Keep Reading...
Snow Lake Completes AMU Investment

Snow Lake Completes AMU Investment

American Uranium (AMU:AU) has announced Snow Lake Completes AMU InvestmentDownload the PDF here. Keep Reading...
Basin Energy Ltd  Quarterly Activities Report

Basin Energy Ltd Quarterly Activities Report

Perth, Australia (ABN Newswire) - Basin Energy Ltd (ASX:BSN) (OTCMKTS:BSNEF) is pleased to provide an overview of activities for the period ending 31 March 2025 ('Quarter', or the 'Reporting Period') and an accompanying Appendix 5B. Key Highlights - Finalised the acquisition of a 100% interest... Keep Reading...
BPH Energy Limited  Quarterly Activities Report

BPH Energy Limited Quarterly Activities Report

Perth, Australia (ABN Newswire) - BPH Energy Limited (ASX:BPH) announce the March 2025 quarter operations report with significant activities by the Company's investees. Advent Energy Limited ("Advent") (BPH 35.8% direct interest) PEP-11 Permit Advent Energy Limited's100% subsidiary Asset Energy... Keep Reading...
Basin Energy

Basin Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News