Mr. Mike Blady reports

BASIN URANIUM ANNOUNCES PERMITTING FOR DRILL PROGRAM AT CHORD

Basin Uranium Corp. has provided an update on permitting for the company's flagship Chord uranium project in South Dakota. A permit application was submitted in March, which would allow for the drilling of up to 50 holes totalling up to 35,000 feet. The drill program will focus on delineating the southern extension of known mineralization from the October Jinx mineralized body within the recently acquired 640-acre state section (Section 36-7S-2E) which was announced on Nov. 22, 2023. The company and its consultants are in active dialogue with the South Dakota Department of Agriculture and Natural Resources, stakeholders and partners.

"We designed the upcoming drill program and corresponding permit application to focus on the delineation of potentially ore-grade mineralization of the October Jinx mineralized zone to the south, where modelling by our consultants demonstrate the constraint due to the historical property boundary," commented Mike Blady, chief executive officer of Basin Uranium. "The resource modelling exercise, which we anticipate the results of in the coming weeks, has highlighted the potential for significant expansion of potentially ISR [in situ recovery]-amendable uranium mineralization."

About Basin Uranium Corp.

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.

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