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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 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. It 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. The Chord property consists of about 147 contiguous lode mining claims (3,037 acres) located in Edgemont, South Dakota. The Wolf Canyon Uranium Project is located in Fall River County, South Dakota. The South Pass Property Uranium Project is located in Fremont and Sublette County, Wyoming, United States. The Great Divide Basin Uranium project is located south and west of Jeffrey City and north and west of Wamsutter, Wyoming.


CSE:NCLR - Post by User

Post by partystockeron Dec 08, 2021 7:21am
141 Views
Post# 34209574

$NCLR announces completion of BPP

$NCLR announces completion of BPP

After a long wait, Basin Uranium $NCLR/$NCLR.C has announced the completion of their $3.6 million BPP. I’ve been waiting for this news since mid-October, as we can now expect $NCLR to commence exploration using the funds. 


CEO Mike Blady had the following to say:


"Now being fully funded for 2022, the Company is looking forward to deploying the proceeds on high quality, targeted exploration at Mann Lake. Planning is already well underway, and we will be updating the market as things progress,"


With shares of $NCLR bouncing off of support, I’m hoping this news can lead to an increase in investor confidence and spur some high volume to push shares into a strong trend. 


Shares of $NCLR.C are trading at $.64 and the company is valued at $5.79 million making them highly undervalued compared to their competitors IMO.


https://ceo.ca/@newsfile/basin-uranium-completes-36-million-brokered-private

 
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