0 seconds of 1 minute, 47 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:47
01:47
 
  • 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. 

Latest News
More C.NTAR news on Stockhouse »
Latest Bullboard Posts
More bullboard posts for C.NTAR on Stockhouse »
More From The Market Online
ai generated stock image

@ the Bell: Markets stumble into the weekend

Canada’s main stock index faced challenges on Friday as commodity prices declined and mixed signals from US-China trade discussions.
ai generated stock image

@ the Bell: Ongoing tariff drama erodes market confidence

Canada’s main stock index was subdued on Thursday as traders assessed risks of the US administration's fluctuating stance on tariffs.
Wooden hand sign reading "gold mine"

Loncor Gold delivers more value-accretive drilling from the Congo

Loncor Gold (TSX:LN) releases prospective drilling results from its 3.66 million ounce Adumbi deposit in the Congo.
Two lightbulbs atop stacks of coins

Two top critical mineral stocks the market is missing

When a critical mineral company's prospects don't mesh with its stock performance, active investors owe it to themselves to dig deeper.