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The latest update is out from Baselode Energy Corp ( (TSE:FIND) ).
Baselode Energy Corp has announced the discovery of elevated radioactivity at the Loki target within the Aberdeen project in Nunavut, marking the first instance of sandstone-hosted, unconformity-style uranium mineralization in the northeast Thelon Basin. This discovery indicates a large unconformity hydrothermal system, enhancing the potential for significant uranium deposits and underscoring the need for further exploration to determine the scale of the mineralization. The company’s 2025 program aims to capitalize on these findings by pursuing additional high-grade discoveries, which could significantly impact its positioning in the uranium exploration industry.
More about Baselode Energy Corp
Baselode Energy Corp is engaged in the exploration of uranium resources, primarily focusing on its flagship Aberdeen Project in Nunavut, Canada. The company holds significant exploration acreage in the Athabasca Basin area of northern Saskatchewan and the Thelon Basin in Nunavut, with notable high-grade uranium discoveries at its Tatiggaq and Qavvik prospects.
Average Trading Volume: 304,773
Technical Sentiment Signal: Sell
Current Market Cap: C$15.61M
Learn more about FIND stock on TipRanks’ Stock Analysis page.