• Baselode Energy (FIND) has prepared a video with additional details from the ongoing 20,000-metre diamond drilling program on the ACKIO high-grade uranium discovery, Hook project
  • James Sykes, CEO, President and Director of Baselode highlighted the results with Shoran Devi
  • The company plans to continue exploring for more high-grade uranium mineralization along the ACKIO trends
  • 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$0.85 per share

Baselode Energy (FIND) has provided an update to 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 video with Shoran Devi.

“The radioactivity levels have been getting stronger and shallower as we’ve continued exploring to the southeast since the beginning of the drill program. Each new 50 m section that we drill to the southeast continues to surpass the results from the previous section. We are excited with the results from AK22-011 (see news release dated March 7, 2022) but both AK22-023 and AK22-032 have delivered better intercepts. Not only is radioactivity getting stronger to the southeast but we are also intersecting it closer to the Athabascsa sandstone unconformity. We’ve believed in the possibility of unconformity mineralization at ACKIO since the discovery hole (AK21-001), and now the upper-most intersection from AK22-023 was less than 10 m beneath the unconformity. Unconformity mineralization is typically higher-grade than basement-hosted Athabasca uranium deposits, and the depth to the unconformity from surface at ACKIO is shallow which could present opportunities for near-surface extraction methodologies,” 

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$0.85 per share.

More From The Market Online

@ the Bell: U.S. markets hit record highs

The NASDAQ and S&P 500 reached record highs, and the Dow Jones also had a solid rally while Canada's main stock index nudged slightly…

Silvercorp to expand into Ecuador with C$200M Adventus acquisition

Canadian silver miner Silvercorp Metals Inc. (TSX:SVM) recently announced a friendly deal to acquire Adventus Mining Corp. (TSXV:ADZN).

@ the Bell: TSX trips over the finish line

Investors on Tuesday lost a little more hope of an interest rate cut this year, but gains were made by mining and healthcare on…