Submission Of Permit At South Pass Uranium Project

VANCOUVER - Basin Uranium Corp has submitted a permit application to the Bureau of Land Management, Department of the Interior for exploration drilling at the South Pass Uranium Project located in Fremont and Sublette County, Wyoming. The Project, which was acquired through direct staking by the Company, is comprised of 151 unpatented mineral lode claims totaling 3,020 acres located along the perimeter of the Great Divide Basin of Wyoming. 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 uranium.

"The simultaneous permitting for multiple projects provides us with the flexibility to rapidly advance exploration on multiple fronts concurrently," said Mike Blady, CEO. "Our partnership with RESPEC allows us to leverage their extensive experience in permitting, exploration and development of uranium assets."