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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 waves1on Sep 13, 2022 2:41pm
53 Views
Post# 34960058

NCLR completed gravity & heliborne survey at Mann Lake!

NCLR completed gravity & heliborne survey at Mann Lake!
NCLR trading green w/ above average volume after announcing the completion of its ground-based gravity survey and heliborne Mobile MT Electromagnetic and Magnetic survey at its Mann Lake project! 
 
The geophysical data has generated new drill targets over prospective areas on the Mann Lake property where the Phase II drill program will test the potential for uranium mineralization that corresponds with resistivity and magnetic lows and the margins of gravity lows. 
 
A number of new prospective targets were identified by the geophysical program which additionally refined the resolution and coverage over the claims. 
 
NCLR will now focus on coincident geophysical anomalies that provide the most fertile geophysical environment, as well as on incorporating known uranium mineralization from phase I.
 
This news comes shortly after NCLR announced the intersection of significant uranium mineralization during its Phase I drill program at Mann lake which confirmed the northeast-trending conductor corridor as highly prospective for uranium mineralization with the first significant intersection of uranium. 
 
https://ca.finance.yahoo.com/news/basin-uranium-completes-geophysical-surveys-110000374.html
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