- Baselode Energy (FIND) is pleased to report Uranium assay results from the first diamond drill hole of the recent ACKIO Uranium discovery on the Hook project
- James Sykes, CEO, President and Director of Baselode shared the exciting results with Caroline Egan
- The ACKIO discovery has revealed high-grade uranium near-surface, widespread zones of mineralization and an alteration halo that exceeds over 230 metres
- Primary mineralized zone measuring 15.5 m of 0.13 wt per cent U3O8
- Assay results from the remaining drill holes completed on ACKIO in the summer program will be released after they’ve all been received
- 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) is up 8.64 per cent on the day, trading at C$0.88 per share at 1:25 pm EST
Baselode Energy (FIND) has reported assay results from the first diamond drill hole of the recent ACKIO Uranium discovery on the Hook project.
The project is located in the Athabasca Basin area, northern Saskatchewan.
Highlights:
- High-grade uranium confirmed; 1.29 wt per cent U3O8 over 0.5 m at 138.8 m and 0.66 wt per cent U3O8 over 0.5 m at 142.3 m
- Primary mineralized zone measuring 15.5 m of 0.13 wt per cent U3O8 starting at 134.3 m
- Multiple uranium intersections occurring over 200 m of drill hole length.
James Sykes, CEO, President and Director of Baselode shared the exciting results with Caroline Egan.
“We are very excited with the confirmation of high-grade Uranium at ACKIO. The ACKIO discovery is beginning to take shape; with high-grade Uranium intersected near-surface, multiple and widespread zones of mineralization, and an alteration halo that exceeds over 230 m which is suggestive of a massive structurally-controlled fluid system. We are still in the early days of exploring and learning more about ACKIO but these assay results from AK21-01 have provided us with invaluable information to help us plan our next steps accordingly,” said
The company will follow this news release with a video presentation for the public in the coming days that will provide encouraging comparisons with other notable Athabasca basement-hosted, high-grade Uranium deposits.
Assay results from the remaining drill holes (AK21-02A to AK21-04) completed on ACKIO in the summer program will be released after they’ve all been received.
Baselode Energy Corp is a uranium exploration company that currently controls 100 per cent of approximately 227,000 hectares for exploration in the Athabasca Basin area, northern Saskatchewan, Canada.
Baselode Energy Corp. (FIND) is up 8.64 per cent on the day, trading at C$0.88 per share at 1:25 pm EST.