Vancouver, British Columbia--(Newsfile Corp. - December 13, 2023) - BASIN URANIUM CORP. (CSE: NCLR) ("Basin Uranium" or the "Company") is pleased to announce it has successfully confirmed the presence of a significant amount of water in multiple monitoring wells across the Chord Uranium Project (the "Property") in South Dakota. The confirmatory sampling of these wells continues to demonstrate potential for mineralization to be amenable to in-situ recovery (ISR) methods for at least the lower portions of the mineralization.

"The well sampling and water level measurements were completed by the Company. Parallel to this work, mineral resource modelling is underway by our consultants, BRS," commented Mike Blady, CEO of Basin Uranium. "Mineral resource estimation will consider reasonable prospects for economic extraction. The recent confirmation of the hydrologic setting of the mineralization will aid in this evaluation. In-situ mining is the most prevalent form of uranium production in the USA due to its minimal environmental impact, small footprint, and low development and operating costs." see & read more onhttps://www.newsfilecorp.com/release/190822/Monitoring-Well-Evaluation-Continues-to-Demonstrate-ISR-Potential-at-Chord