Bullboard - Stock Discussion Forum Basin Uranium Corp C.NCLR

Alternate Symbol(s): BURCF

Basin Uranium Corp. 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 and Wolf Canyon project in South Dakota, the South Pass project in Wyoming, and the Wray Mesa project in Utah. It also has the Mann Lake uranium project... see more

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Basin Uranium Corp > Drilling Updates

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Post by SkywalkerofLuke on Oct 20, 2022 3:13pm

Drilling Updates

Keeping my eye out today for the updates that should come from NCLR.c BURFC’s live webinar today.

I'm expecting updates on the Wray Mesa Project (6,282 acres of wholly-owned and optioned claims) which is in the final stages of prepping for the upcoming drill program. As well, there should be some updates on the phase 2 diamond drilling program at Mann Lake where they’re testing conductive zones and structures that are prospective for graphite and/or its breakdown products.

As well, NCLR announced today the closing of the first tranche of their pp for gross proceeds of approximately $1M.

https://www.newsfilecorp.com/release/141168