Baselode Energy – Athabasca Uranium Explorer

Baselode Energy Corp. (Stock Symbol – TSXV: FIND, OTCMKTS: BSENF) operates as a uranium exploration company. It focuses on discovering basement hosted and high grade uranium orebodies in the Athabasca basin in Saskatchewan, Canada.

The company has a 100% ownership of the Shadow Project located south east of the Arrow Uranium Deposit. The project has no underlying royalties associated with it.

The project demonstrates similar geophysical and structural similarities to other high grade uranium deposits found in the Athabasca region. Namely, Cameco‘s McArthur River and NexGen Energy’s Arrow.

This project covers an area of approximately 46,000 hectares along the Virgin River Shear Zone.

The project area has a significant exploration setting with little to no sandstone cover, deep structures and easily accessible basement rocks.

Baselode Energy Uranium Exploration Locations
Baselode Project Locations. Source: Baselode Energy

Baselode Energy’s Hook Project is also 100% company owned and royalty free.

The project area covers approximately 30,000 hectares and is southwest of Cameco’s MacArthur River uranium mine.

The company notes that a showing at surface has returned and outstanding 44.5% wt% U3O8 at the Hook Project.

With the potential for a near surface high grade uranium discovery, Baselode Energy is re-evaluating historical geological and geophysical data.

They will use this re-analysis to assist in identifying dormant high grade exploration targets.

Equity ownership for this company is very tight, with approximately 40% of outstanding shares owned by insiders.

The company is based in Toronto, Canada.

Please note that the share price below is for the TSXV stock symbol. The quote is delayed by approximately 15 minutes and not real time.

To gain FREE access to the full uranium stocks list and members only community, register and login today.

After you have registered and logged in, don’t forget to join the Baselode Energy group, and then post your comments on the Baselode Energy forum.



Tweets

Renewables need nuclear to be effective, says Gorman
#Nuclear #Energy #NuclearEnergy https://bit.ly/3iL3R47

BMO bets on uranium, grows position in Cameco (TSX:CCO) https://bit.ly/3d0O5yp #uranium #energy #nuclear #mining #markets

Fuel Cladding Failures at Nuclear Power Plants Explained
#Nuclear #NuclearEnergy #Energy https://bit.ly/3xtJNHB

Baselode Provides Exploration Update on Athabasca Basin Area Uranium Projects. #FIND #Uranium https://baselode.com/news/baselode-provides-exploration-update-athabasca-basin-area-uranium-projects/

NEI Experts React to the IEA’s ‘Net Zero by 2050’ Report
#NetZero #NuclearEnergy https://bit.ly/3zf6hhh

Load More...