Basin Uranium Kicks off Field Surveys at Chord

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2024) - BASIN URANIUM CORP. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin Uranium", "Basin" or the "Company") is pleased to provide an update on permitting for the Company's flagship Chord uranium project in South Dakota. The Company commenced field work on a Special Status Plant Species Survey ("SSPSS") through its consultant BKS Environmental Associates Inc. The survey, analysis and reporting are being conducted on both the state and federal land to encompass all future planned drilling activity at the Chord. Data collected on federal lands during the SSPSS will be used to analyze the potential environmental effects under the National Environmental Policy Act (NEPA). The data collected from the state lands during the SSPSS will be used to analyze the potential environmental effects by the South Dakota Game Fish and Parks (SDGFP) and the South Dakota Department of Agriculture and Natural Resources (SDDANR).

"We have commenced an exhaustive environmental baseline surveying program at our Chord project to ensure the highest level of monitoring and assessment for our future work programs," commented Mike Blady, CEO of Basin Uranium. "Our commitment to environmentally safe exploration extends through to our exploration model, which is to demonstrate the economic viability of low-impact in-situ recovery of uranium mineralization. This program is designed to adhere to the highest state and federal permitting standards to ensure the most expedient pathway through permitting at Chord."

About BKS Environmental Associates Inc.

BKS has provided environmental consulting expertise in natural resource evaluations for the mining industries and related activities since 1981. BKS historically has specialized in vegetation assessments (including threatened and endangered plant surveys), wetland delineations, and soil assessments for numerous mining industries throughout Wyoming and the Black Hills of South Dakota. BKS has extensive knowledge of exploration and mining phase regulations and has demonstrated it can successfully work with the U.S. Forest Service on large-scale projects in the Black Hills.

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 five advanced-stage uranium projects located in the United States, namely the Chord and Wolf Canyon projects in South Dakota, the South Pass and Great Divide Basin projects in Wyoming, and the Wray Mesa project in Utah. All five projects have seen extensive historical exploration and 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.

For further information, please contact Mr. Mike Blady or view the Company's filings at www.sedar.com.

On Behalf of the Board of Directors
Mike Blady
Chief Executive Officer
info@basinuranium.ca

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

FORWARD-LOOKING STATEMENTS:

Cautionary Note Regarding Forward-Looking Statements: This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary include, without limitation, uncertainties affecting the expected use of proceeds. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

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