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  • Baselode Energy (FIND) has provided an update of the ongoing 10,000-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$0.73 per share

Baselode Energy (FIND) has provided an update of the ongoing 10,000-metre 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 results with Shoran Devi.

“We’re encouraged with the results from the winter drill holes to date, especially AK22-08, AK22-09, and AK22-11. The former two drill holes provide continuity to the northwest with the “Upper” mineralized zone that we discovered last year, and the latter drill hole has intersected a new “Lower” mineralized zone that exhibits the highest levels of radioactivity that we’ve seen on ACKIO to date.

For now, we will continue our aggressive drill campaign with 50-metre step-out holes to the southeast and northwest, exploring for more high-grade uranium mineralization along the ACKIO trends. Targeting the eastern corridor for unconformity mineralization potential will become a priority in the weeks to come.”

Highlights:

  • 25,000 counts-per-second (“cps”) from drill hole AK22-11 at 217.1 m depth represents the highest indvidual radioactivity reading on the project to date
  • New sub-parallel “Lower” zone of uranium mineralization discovered with two intervals of continuous elevated radioacitivity measuring 1,583 cps over 6.5 m at 201.0 m and 1,286 cps over 11.9 m at 215.75 m from drill hole AK22-11
  • Uranium mineralization extends for over 150 m along strike and remains open along both strike directions
  • Higher levels of radioactivity discovered in two drill holes to the north (AK22-08 and AK22-09) and one drill hole to the south (AK22-11) of the discovery drill fence which includes drill hole AK21-01
  • Faulting, alteration, and above background radioactivity discovered in Athabasca sandstone east of ACKIO mineralization in drill hole AK22-05 is prospective for unconformity mineralization

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$0.73 per share.

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