Following the approval of its NOI to drill, and the closing of its first PP tranche, we can expect to hear updates from Basin Uranium (CSE: NCLR) regarding its Wray Mesa project soon.
The Property is accessible via Utah State Highway 46 and unpaved Forest Service Roads, with access to power, water and proximal to the town of La Sal. Work by previous operators discovered multiple areas of uranium-vanadium mineralization in the same geologic formation that accounted for the majority of historic production in the district.
NCLR.c is currently trading at $.15, valued at $4.33 million.