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How Basin Energy’s $1.25M Raise Fuels Queensland Uranium and Rare Earth Drilling
11:51am on Friday 31st of October, 2025 AEDT
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Mining
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How Basin Energy’s $1.25M Raise Fuels Queensland Uranium and Rare Earth Drilling
11:51am on Friday 31st of October, 2025 AEDT
Key Points
Acquisition of NeoDys Limited expands Basin’s Queensland exploration footprint
Three drill-ready targets identified, sediment-hosted clays, paleochannel uranium, and granite-hosted rare earths
Queensland Government funding of $150,000 secured to accelerate drilling
Two-tranche $1.25 million capital raise underway to finance initial drilling programs
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