Canadian uranium explorer Baselode Energy Corp hopes to map out the “deep structural roots” of the mineralisation system at its ACKIO prospect on the edge of the Athabasca Basin using ambient noise tomography (ANT) seismic survey technology developed by Australia’s Fleet Space Technologies.
The Toronto-listed junior says it aims to follow current drilling at Bear, south of the Hook area containing ACKIO, with a program at ACKIO in June after it gets results of the ANT survey.
“We hope to map out the extent of ACKIO’s Athabasca sandstone outlier and the deep structural roots of the uranium mineralisation system,” CEO James Sykes said.
“We believe ACKIO continues at depth, including mineralisation along the sandstone-basement fault zone.
“Fleet Space Technologies has developed an innovative high-resolution, ground-based, satellite-connected ANT survey to produce a 3D model of the subsurface.
“The survey will be completed over ACKIO and other areas of interest, with data expected to be received and interpreted prior to starting diamond drilling on Hook in June.”
Baselode has about 272,804 hectares of exploration licence area in the Athabasca Basin in northern Saskatchewan.
The company discovered the shallow ACKIO uranium mineralisation in 2021. It is said to extend over more than 375m along strike and be over 150m wide. Nine separate uranium pods are as little as 28m below surface, extending down to about 300m depth, with most of the mineralisation said to be in the upper 120m.
ACKIO remains open at depth, and to the north, south and east, according to Baselode.
The company says its Athabasca 2.0 exploration thesis focuses on discovering near-surface, basement-hosted, high-grade uranium orebodies outside the Athabasca Basin.
“The exploration thesis is further complemented by the company’s preferred use of innovative and well-understood geophysical methods to map deep structural controls to identify shallow targets for diamond drilling,” it said.