• 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. 


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