Today Basin Uranium ($NCLR $BURCF) announced it received Exploration Work Authorization for diamond drilling and geophysical exploration work for its Mann Lake uranium project.
It has been granted authorization for up to 15,000m of diamond drilling, refurbishing up to 100km of gridlines, the construction of two exploration camps, and clearing up to 34km of trails for access.
$NCLR is preparing for mobilization and developing an exploration camp on-site to facilitate the initial geophysical surveying.
The surveying will begin in April and $NCLR anticipates that the drill program will begin in June.
Despite this good news $NCLR took an 11.76% hit, so it might be a good time to get in on the cheap.
$NCLR @ $0.45
MC $8.076M
https://ca.finance.yahoo.com/news/basin-uranium-receives-drill-permit-110000269.html