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Baselode Energy Corp. (TSXV:FIND) provides update from the ACKIO Discovery

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TSXV:FIND
28 June 2022 13:15 (EDT)

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Baselode Energy (FIND) has provided an update on the ongoing diamond drilling program on the ACKIO high-grade uranium discovery, Hook project.

The project is located in the Athabasca Basin area, northern Saskatchewan.

James Sykes, CEO, President and Director of Baselode highlighted the update with Daniella Atkinson.

“Four of these reported drill holes now rank amongst the top six in composite radioactivity results, as Baselode continues to expand upon its ACKIO near-surface discoveries. These results demonstrate high levels of radioactivity but also considerable widths of mineralization. Additionally, results from AK22-063 suggest that we’ve discovered another near-surface zone. The remainder of the drill program will seek to delineate the extent of these near-surface zones as they remain open in all directions. These discoveries are very shallow, with mineralization beginning 25 metres from surface at the overburden contact, similar to the open-pit mines in the Athabasca’s history, most notably Rabbit Lake, Cluff Lake, and Uranium City operations,” 

Baselode Energy Corp. is a uranium exploration company that controls approximately 227,000 hectares in the Athabasca Basin area, northern Saskatchewan. 

Baselode Energy Corp. (FIND) opened trading at C$0.88 per share.

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