Camp completion & exploration plan for Mann Lake! Exciting news from Basin Uranium ($NCLR.C $BURCF), announcing its exploration plan for the Phase 1 program at the Mann Lake Uranium Project!
Highlights:
- Completed camp construction with mobilization underway
- Min $3.5M program for 2022 comprised of drilling and geophysics in multiple phases
- Moving loop EM and gravity surveys will target fertile ground for a more complete geophysical picture to guide exploration
- Initial diamond drilling will focus on interpreted conductor corridors coinciding with gravity and mag lows
- Maiden drill program comprised of 6,000m of diamond drilling in 10 holes
The program will be conducted in two phases with Phase I in the spring and Phase II in late summer/fall, allowing $NCLR to compile and process exploration data to improve targeting between phases.
$NCLR is trading slightly down today despite this news, providing a good opportunity to get in ahead of this drill program
https://finance.yahoo.com/news/basin-uranium-announces-camp-completion-110000585.html