0 seconds of 1 minute, 40 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:40
01:40
 
  • Baselode Energy (FIND) has unveiled geochemical assay results from 28 drill holes from the ACKIO discovery
  • Results include 17 drill holes with uranium mineralization, 10 of which graded above 0.5 per cent U3O8
  • CEO James Sykes joined Daniella Atkinson to shed light on the new intersections
  • Baselode Energy is a uranium exploration company that controls 227,000 hectares in Saskatchewan’s Athabasca Basin
  • Baselode (FIND) is up by 7.14 per cent, trading at $0.90 per share

Baselode Energy (FIND) has unveiled geochemical assay results from 28 drill holes from the ACKIO discovery.

The results stem from the completed 22,500 m diamond drill program at the discovery on the Hook Project in Saskatchewan’s Athabasca Basin.

Results include 17 drill holes with uranium mineralization:

  • 10 graded above 0.5 per cent U3O8
  • 7 intersected uranium 25-50 m below surface
  • 4 intersected uranium 50-100 m below surface

Highlight results include:

  • AK22-047: 1.67 per cent U3O8 over 7.5 m at 99.3 m true vertical depth
  • AK22-052: 0.58 per cent U3O8 over 27.6 m at 28.1 m true vertical depth
  • AK22-035: 0.54 per cent U3O8 over 7.3 m at 145.2 m true vertical depth
  • AK22-051: 0.50 per cent U3O8 over 28.9 m at 28.3 m true vertical depth

A total of 44 drill holes at ACKIO have intersected elevated radioactivity.

Assay results from the remaining 29 drill holes are forthcoming.

CEO James Sykes spoke with Daniella Atkinson about this latest round of 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) is up by 7.14 per cent, trading at $0.90 per share as of 12:43 pm EST.


More From The Market Online
Stock image generated with AI

@ the Bell: TSX finishes Friday lower but higher on the week

ended lower on Friday, driven by a drop in mining stocks amid concerns about the impact of trade tariffs on economic growth.
Outcrop Silver and Gold logo and tickers against Colombian forest

Eric Sprott tops up investment in Outcrop Silver and Gold

Outcrop Silver and Gold (TSXV:OCG) will test the market with a C$5M offering through Research Capital including mining luminary Eric Sprott.
ai generated stock image.

@ the Bell: Did markets grow on the first day of spring?

TSX growth was driven by strong performances in the energy and financial sectors, supported by rising oil prices.