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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 > Camp completion & exploration plan for Mann Lake!
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Post by waves1 on Apr 14, 2022 1:43pm

Camp completion & exploration plan for Mann Lake!

Exciting news from Basin Uranium ($NCLR.C $BURCF), announcing its exploration plan for the Phase 1 program at the Mann Lake Uranium Project!
 
Highlights:
  • Completed camp construction with mobilization underway 
  • Min $3.5M program for 2022 comprised of drilling and geophysics in multiple phases
  • Moving loop EM and gravity surveys will target fertile ground for a more complete geophysical picture to guide exploration 
  • Initial diamond drilling will focus on interpreted conductor corridors coinciding with gravity and mag lows 
  • Maiden drill program comprised of 6,000m of diamond drilling in 10 holes
The program will be conducted in two phases with Phase I in the spring and Phase II in late summer/fall, allowing $NCLR to compile and process exploration data to improve targeting between phases. 
 
$NCLR is trading slightly down today despite this news, providing a good opportunity to get in ahead of this drill program 
 
https://finance.yahoo.com/news/basin-uranium-announces-camp-completion-110000585.html
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Basin Uranium Corp