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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 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... see more

CSE:NCLR - Post Discussion

Basin Uranium Corp > NCLR receives Authorization for drill&exp work at Mann Lake!
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Post by waves1 on Mar 14, 2022 1:27pm

NCLR receives Authorization for drill&exp work at Mann Lake!

Big news from Basin Uranium ($NCLR.C $BURCF) today, announcing that it has received the Exploration Work Authorization for diamond drilling and geophysical exploration work from Saskatchewan's Ministry of Environment for its Mann Lake uranium project!
 
The initial geophysical survey will work to refine and delineate drill targets for a multi-phased drill program to commence in April.
 
The Ministry has provided an EWA for up to 15,000m of diamond drilling in 20 holes, clearing up to 100km of gridlines, the construction of two temporary exploration camps, and clearing of up to 34 km of trails access within the property. 
 
$NCLR is preparing for mobilization to develop an exploration camp on-site to facilitate initial geophysical surveying in April and is anticipating a drill program in June. 
 
$NCLR is trading at a discount today despite this news, along with the majority of the uranium sector, providing a good opportunity to get in before any positive results from the program are released IMO 
 
https://finance.yahoo.com/news/basin-uranium-receives-drill-permit-110000269.html
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