Hopefully, Basin Uranium (CSE: NCLR) will deliver updated plans for drilling at the Wray Mesa Project soon. The company received approval for its NOI to drill the project late last month.
The Wray Mesa project consists of 308 unpatented lode claims totaling 6,282 acres of wholly-owned and optioned claims (option to earn a 100% interest) contiguous to and adjoining Energy Fuel's fully-permitted and production ready La Sal project, which includes a number of past-producing uranium and vanadium mines.
Initial drilling will focus on the Ajax and Dylan mineralized bodies with 49 holes permitted between the two mineralized areas, including drill road access and site preparation. Basin is in the final stages of preparing for the upcoming drill program and will provide updates in the coming weeks as the project approaches mobilization.
NCLR.c is currently trading at $.165, valued at $4.76 million.
https://ceo.ca/@newsfile/basin-uranium-receives-approval-for-notice-of-intent