Basin Uranium acquires project in Wyoming
Published by Jane Bentham,
Editorial Assistant
Global Mining Review,
Basin Uranium Corp. has acquired the Great Divide Basin Uranium Project (GDB) located in Sweetwater County, Wyoming, USA.
The Project, which was acquired through direct staking by the Company, is comprised of 104 unpatented mineral lode claims totalling approximately 1880 acres located in south-central Wyoming and within the Great Divide Basin. The claims are located contiguous with Premier American Uranium’s Cyclone Project which hosts an exploration target ranging from 6.5 million t averaging 0.06% U3O8 (7.9 million lbs. U3O8) to 10.5 million t averaging 0.06% U3O8 (12.6 million lbs. U3O8). Wyoming is home to both the largest uranium reserves and top producing uranium state in US, with the Great Divide Basin representing the least exploited of Wyoming’s basins estimated to contain over 270 million lb of uranium.
“The staking of the GDB property represents our continued expansion into the US and second internally generated project in Wyoming. We continue to execute on acquiring and developing strategic assets located in prolific mining districts with extensive historical exploration” commented Mike Blady, CEO of Basin Uranium. “The GDB Project and surrounding area have played host to a plethora of explorers, starting with the US government in the 1950’s and most recently Tournigan Energy Ltd. in the mid 2000’s. The well understood geology, historic exploration, and proximity to UR Energy’s Lost Creek ISR mine and processing facility add to the appeal and potential of GDB. Wyoming represents one of the premiere exploration and mining jurisdictions for uranium within the US which provides for a clearly defined and expedient pathway for permitting and development.”
Read the article online at: https://www.globalminingreview.com/mining/20052024/basin-uranium-acquires-project-in-wyoming/
You might also like
The progress and promise of hybrids in mining
Decarbonising mining is challenging. While electric and hydrogen solutions show promise, they are still in development and not yet reliable for heavy equipment in demanding environments due to tough conditions and varying infrastructure across regions.
