Basin Uranium Stakes Significant New Uranium Project in Wyoming
Basin Uranium Stakes Significant New Uranium Project in Wyoming
The South Pass Uranium Project is comprised of 3,775 acres of contiguous claims (151 unpatented mineral lode claims) located 45 miles southwest of Lander, Wyoming. Access to the property is facilitated through State Highway 28, located within 5 miles to the southeast, with year-round gravel and ATV roads servicing the claims. Exploration dates back to the 1960's and 1970's with several large companies having drilled numerous wells along a 12-mile-long trend that bisects the long axis of the property. Specifically, close-spaced drilling by Rocky Mountain Energy Corp. (a subsidiary of Union Pacific Railway) in the 1980's reported uranium mineralization at depths of over 400 feet - depths which would be potentially amenable to in-situ recovery (ISR) methods. Evaluation of historical records also indicated a historic resource was calculated on at least two parts of the claims currently comprising the South Pass project, however additional verification and validation must be performed by the Company's Qualified Person before being disclosed publicly. Vancouver, British Columbia--(Newsfile Corp. - December 6, 2023) - BASIN URANIUM CORP. (CSE: NCLR) ("Basin Uranium" or the "Company") is pleased to announce it has acquired the South Pass Property Uranium Project (the "Project" or "South Pass") 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 (see Figure 1). Wyoming is home to both the largest uranium reserves and top producing state in US1, with the Great Divide Basin representing the least exploited of Wyoming's basins estimated to contain over 270 million pounds of uranium2.
不列顛哥倫比亞省溫哥華--（新聞文件公司-2023 年 12 月 6 日）- 盆地鈾業公司（案例：NCLR） (”盆地鈾“或者”公司“) 很高興地宣佈，它已收購了南帕斯地產鈾項目（即”項目“或”南山口“) 位於美國懷俄明州弗裏蒙特和薩布萊特縣。該項目由公司通過直接質押收購，包括位於懷俄明州大分水嶺盆地周邊的151處未獲得專利的礦產權，總面積爲3,775英畝（見圖1）。懷俄明州擁有美國最大的鈾儲量和產量最高的州1，大分水嶺盆地是懷俄明州開發最少的盆地，估計含有超過2.7億磅的鈾2。
"The staking of the South Pass property represents our continued expansion into the USA, focused on acquiring strategic assets located in in prolific mining districts with extensive historical exploration," commented Mike Blady, CEO of Basin Uranium. "Preliminary review of historical exploration records for South Pass dating back to the 1960's indicates the potential to host ISR-amendable uranium mineralization. Wyoming represents one of the premiere exploration and mining jurisdictions for uranium within the USA which provides for a clearly defined and expedient pathway for permitting and development."
Basin Uranium首席執行官Mike Blady評論說：“對South Pass物業的質押代表着我們在美國的持續擴張，重點是收購位於具有廣泛歷史勘探的多產礦區的戰略資產。”“對可追溯到1960年代的South Pass歷史勘探記錄的初步審查表明，有可能出現可修正的鈾礦化。懷俄明州是美國首屈一指的鈾勘探和開採司法管轄區之一，它爲許可和開發提供了明確、便捷的途徑。”
South Pass Project, Wyoming
懷俄明州南山口項目
The South Pass Uranium Project is comprised of 3,775 acres of contiguous claims (151 unpatented mineral lode claims) located 45 miles southwest of Lander, Wyoming. Access to the property is facilitated through State Highway 28, located within 5 miles to the southeast, with year-round gravel and ATV roads servicing the claims. Exploration dates back to the 1960's and 1970's with several large companies having drilled numerous wells along a 12-mile-long trend that bisects the long axis of the property. Specifically, close-spaced drilling by Rocky Mountain Energy Corp. (a subsidiary of Union Pacific Railway) in the 1980's reported uranium mineralization at depths of over 400 feet - depths which would be potentially amenable to in-situ recovery (ISR) methods. Evaluation of historical records also indicated a historic resource was calculated on at least two parts of the claims currently comprising the South Pass project, however additional verification and validation must be performed by the Company's Qualified Person before being disclosed publicly.
South Pass 鈾礦項目由位於懷俄明州蘭德西南 45 英里處的 3,775 英畝的毗連礦產權（151 個未獲得專利的礦脈索賠）組成。通過位於東南方向不到5英里處的28號國道進入該物業，全年都有碎石路和全地形車公路爲索賠提供服務。勘探可以追溯到1960年代和1970年代，幾家大公司沿着12英里長的趨勢鑽了許多井，將該物業的長軸線一分爲二。具體而言，洛基山能源公司（聯合太平洋鐵路公司的子公司）在20世紀80年代進行了近距離鑽探，據報道，鈾礦化深度超過400英尺，這種深度可能適合採用原地回收（ISR）方法。對歷史記錄的評估還表明，歷史資源是根據目前包含South Pass項目的索賠的至少兩部分計算得出的，但是在公開披露之前，必須由公司的合格人員進行進一步的核實和確認。
The reader is cautioned that at this time it is too early to assess the feasibility of these recovery methods at South Pass however mineralization at this depth typically lies within the parameters of ISR mining and recovery.
提醒讀者，目前評估南山口這些開採方法的可行性還爲時過早，但是該深度的礦化通常在ISR開採和開採的參數範圍內。
Qualified Person:
合格人員：
R. Tim Henneberry, PGeo (B.C.), a technical advisor to the Company, is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the technical data in this news release.
R. Tim Henneberry，pGeo（不列顛哥倫比亞省），公司的技術顧問，是國家儀器43-101定義的合格人員，他已經審查並批准了本新聞稿中的技術數據。
About Basin Uranium Corp.
關於盆地鈾公司
Basin Uranium is a Canadian junior exploration company focused on mineral exploration and development in the green energy sector. The Company has three advanced-stage uranium projects located in the United States, namely the Chord project in South Dakota, the South Pass project in Wyoming, and the Wray Mesa project in Utah. All three projects have seen extensive historical exploration and are located in prospective development areas. The Company also has the Mann Lake uranium project, located in the world-class Athabasca basin of Northern Saskatchewan, Canada, in addition to the CHG gold project in south-central British Columbia.
Basin Uranium是一家加拿大初級勘探公司，專注於綠色能源領域的礦產勘探和開發。該公司在美國有三個高級鈾項目，即南達科他州的Chord項目、懷俄明州的South Pass項目和猶他州的Wray Mesa項目。這三個項目都經過了廣泛的歷史探索，位於潛在的開發區。除了位於不列顛哥倫比亞省中南部的CHG黃金項目外，該公司還擁有位於加拿大薩斯喀徹溫省北部世界一流的阿薩巴斯卡盆地的曼恩湖鈾礦項目。
For further information, please contact Mr. Mike Blady or view the Company's filings at .
欲了解更多信息，請聯繫 Mike Blady 先生或通過以下網址查看公司的文件。
On Behalf of the Board of Directors
Mike Blady
Chief Executive Officer
info@basinuranium.ca
604-722-9842
代表董事會
邁克·布萊迪
首席執行官
info@basinuranium.ca
604-722-9842
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.
加拿大證券交易所及其監管服務提供商均不對本新聞稿的充分性或準確性承擔責任。
FORWARD-LOOKING STATEMENTS:
前瞻性陳述：
Cautionary Note Regarding Forward-Looking Statements: This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary include, without limitation, uncertainties affecting the expected use of proceeds. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
關於前瞻性陳述的警示說明：本新聞稿包含某些陳述和信息，這些陳述和信息可能構成適用的加拿大證券法所指的前瞻性信息。除歷史事實陳述外，本新聞稿中的所有陳述，包括有關未來估計、計劃、目標、時機、假設或未來表現預期的陳述，均爲前瞻性陳述，包含前瞻性信息。通常，前瞻性陳述和信息可以通過使用前瞻性術語來識別，例如 “打算” 或 “預期”，或者某些行動、事件或結果 “可能”、“應該”、“將” 或 “發生” 的詞語和短語或陳述的變體。前瞻性陳述基於公司做出的某些重大假設和分析，以及截至本新聞稿發佈之日管理層的意見和估計。這些前瞻性陳述受已知和未知的風險、不確定性和其他因素的影響，這些因素可能導致公司的實際業績、活動水平、業績或成就與此類前瞻性陳述或前瞻性信息所表達或暗示的結果存在重大差異。可能導致實際業績變化的重要因素包括但不限於影響收益預期用途的不確定性。儘管公司管理層試圖確定可能導致實際業績與前瞻性陳述或前瞻性信息中包含的結果存在重大差異的重要因素，但可能還有其他因素導致業績與預期、估計或預期的結果不符。無法保證此類陳述會被證明是準確的，因爲實際結果和未來事件可能與此類聲明中的預期存在重大差異。因此，讀者不應過分依賴前瞻性陳述和前瞻性信息。提醒讀者，依賴此類信息可能不適合用於其他目的。除非符合適用的證券法，否則公司不承諾更新此處以引用方式納入的任何前瞻性陳述、前瞻性信息或財務展望。
1Domestic Uranium Production Report - Q2/2023, US Energy Information Administration
2Applied Exploration Geology and Uranium Resources of Great Divide Basin, Wyoming
1國內鈾產量報告——2023 年第二季度，美國能源信息管理局
2懷俄明州大分水嶺盆地的應用勘探地質學和鈾資源
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