A few weeks ago one of my jr. uranium picks announced some pretty exciting news that I thought I'd share with yall.
Basin Uranium Corp ($NCLR.C $BURCF) announced that it entered into an LOI to acquire a 100%-interest in the Wray Mesa project.
Wray Mesa is comprised of 310 unpatented lode claims totalling 6,219 acres in San Juan County, Utah.
Uranium production in the district dates back to the early 1900s.
Mineralization on the Wray Mesa Property occurs at depths of 500 to 750 feet with the drill-defined mineralization from 25 to 75 feet in thickness.
IMO this development is very promising for $NCLR and the full article on it is definitely worth the read if you are invested or thinking of doing so: https://ca.finance.yahoo.com/news/basin-uranium-acquire-wray-mesa-080500439.html
$NCLR @ $0.67, MC $12.024M