Acquisition Of Wray Mesa Completed

VANCOUVER - Basin Uranium Corporation has completed an amalgamation with 1290945 B.C. Ltd (NumberCo). The principal asset of NumberCo is a 100%-interest in the Wray Mesa project in San Juan County, Utah.

"We are excited to move forward with plans to advance the Wray Mesa project and have already engaged a Qualified Person (QP) and permitting consultant, in addition to assembling a local exploration team" said, Mike Blady, CEO. "Given the extensive historical drilling and availability of data, in conjunction with QP consultation, we believe there is a pathway to build out a resource and deliver a maiden NI 43-101 compliant resource. We are finalizing exploration plans and budgets ahead of permit submission, and look to provide further updates on timing and objectives once completed."