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

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Basin Uranium Corp > $NCLR acquires Wray Mesa through amalgamation agreement

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Post by StockHawk1 on Apr 06, 2022 3:49pm

$NCLR acquires Wray Mesa through amalgamation agreement

Last week Basin Uranium ($NCLR.c $BURCF) finalized & executed an amalgamation agreement with a company whose main asset is a 100%-interest in the Wray Mesa Project).

Wray Mesa, located in San Juan County, Utah totals over 6k acres and is comprised of 301 unpatented lode claims.

Almost 500 holes have been drilled on Wray Mesa to date which have identified multiple uranium mineralized zones across the project. The property is accessible via Highway 46 & forest service roads and has access to power & water.

$NCLR is creating an exploration plan for the project and says it will begin the permitting process soon.

$NCLR @ $0.44

MC $7.896M

https://ca.finance.yahoo.com/news/basin-uranium-signs-definitive-agreement-110000069.html