- Baselode Energy (FIND) has unveiled its best result to date from the ACKIO uranium discovery
- AK22-069 yielded 0.90 per cent U3O8 over 31 m, including 1.86 per cent U3O8 over 12.5 m and 5.61 per cent U3O8 over 0.5 m
- The drill hole substantiates the potential at ACKIO for a near-surface, high-grade uranium open-pit mining scenario
- President and CEO James Sykes spoke with Sabrina Cuthbert about the new intersection
- Baselode Energy is a uranium exploration company that controls 227,000 hectares in Saskatchewan’s Athabasca Basin
- Baselode (FIND) opened trading at $0.74 per share
Baselode Energy (FIND) has unveiled its best result to date from the ACKIO uranium discovery.
The geochemical assay for AK22-069 yielded 0.90 per cent U3O8 over 31 m (69.3 m true vertical depth), including 1.86 per cent U3O8 over 12.5 m (79.7 m true vertical depth) and 5.61 per cent U3O8 over 0.5 m.
The drill hole stems from the completed 22,500 m diamond drill program at the discovery on the Hook Project in Saskatchewan’s Athabasca Basin.
AK22-069 was drilled down dip of holes AK22-051 (0.50 per cent U3O8 over 28.9 m) and AK22-052 (0.58 per cent U3O8 over 27.6 m).
The hole confirms near-surface, high-grade mineralization is continuous and more concentrated at depth, still within 100 m of surface. This substantiates the potential at ACKIO for a uranium open-pit mining scenario.
Uranium assay results from the remaining 18 drill holes will be released as they are received.
A breakdown of previous results from the discovery can be found here.
President and CEO James Sykes spoke with Sabrina Cuthbert about the new results.
Baselode Energy is a uranium exploration company that controls 227,000 hectares in Saskatchewan’s Athabasca Basin. The land package is free of option agreements and underlying royalties.
Baselode (FIND) opened trading at $0.74.
