New Uranium Discovery in the “Perfect Place” with Baselode Energy CEO James Sykes
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Baselode Energy Corp. CEO James Sykes is no stranger to uranium discovery success. James has been directly and indirectly involved in the discovery of over 450M lbs U3O8 in the Athabasca Basin including being the lead geologist on NexGen’s world-class Arrow discovery. Now James is at the helm of another new uranium discovery just made by Baselode Energy named Ackio in the Athabasca Basin which he describes as being in the “perfect place.” Baselode intersected a wide zone of elevated radioactivity in the first drill program on its Hook Uranium project, Athabasca Basin area, northern Saskatchewan. Drill hole HK21-07 was the first drill hole in the Ackio target area on Hook. This discovery drill hole intersected 16.2 metres of continuous elevated radioactivity (i.e., >300 cps*) starting at 133.8m drill hole depth (~115 m vertical depth from surface) within a massive structurally-controlled hydrothermal alteration envelope that exceeds 250m thickness. “This is an exciting discovery for Baselode. We believe this discovery is part of a new and large uranium system within the Athabasca Basin area. These results are a testimony to our Athabasca 2.0 thesis and we remain eager to deliver more exciting results from the Ackio target area as drilling progresses,” said James Sykes, CEO and President of Baselode. “The widespread basement alteration we’ve intersected in HK21-07 reflects a large hydrothermal fluid system that could be fertile for high-grade uranium mineralization which is demonstrated with radioactivity >10,000 cps in the Ackio area. We’re also excited to have intersected Athabasca sandstones outside the previously known basin margin. This provides us with exploration targets for discovering unconformity-style mineralization just 50 metres below surface at Ackio,” said Cameron MacKay, Baselode’s Projects Manager. 0:00 Introduction 1:12 Athabasca 2.0 exploration theory 3:25 Ackio discovery 5:38 Certainty of radioactivity readings 7:18 Ackio core results back within 2-4 weeks 7:36 1500m wide anomaly & any data sharing with 92E? 9:46 Challenges of a discovery across claims? 11:03 Next exploration steps 13:37 Ackio discovery further commentary 15:24 C$11M in treasury 15:49 Upcoming catalysts https://baselode.com/ TSXV:FIND OTC:BSENF Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The Ore Group, of which Baseload Energy Corp. is a member, is an MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.