Dig Deep Athabasca Basin Uranium Update with James Sykes of Baselode Energy
In this episode, Rob welcomes back James Sykes who appeared back in July this year (Episode 156). When they had just made a fresh discovery. ACKIO in the Athabasca Basin. James Sykes is the CEO and Director of Baselode Energy, a fully funded Uranium exploration company that has achieved resounding success within the region, like holding a portfolio of highly prospective uranium exploration properties in the eastern side of the Atha-basca Basin.
James has over 10 years of experience in the Athabasca Basin uranium exploration and discovery sector. He is on the podcast to discuss another exciting discovery he has made in the uranium space which may prove to be the big one.
KEY TAKEAWAYS
- Baselode has recently picked up three exciting projects in the Athabasca Basin.
- They are using a new strategy to explore for high-grade uranium. An approach that is already bearing fruit.
- The Athabasca Basin 2.0 find is likely to be open pitable.
- Making the discovery cost $1.5 million, which has already turned into a $50 million market cap premium.
- They are waiting for assays on several additional finds that look to be high-grade too.
- The radioactivity readings indicate uranium. They are high too, which is a strong indication that there is a lot to be extracted.
- Size-wise the site has the makings to be the biggest in the world.
- Early in 2022, Baseload is due to start two more drills.
- In the summer, they are planning even more new projects.
- The uranium spot market is currently a powder keg market.
- The share price for Baseload has already resulted in two times the return.
BEST MOMENTS
‘It points to these large plumbing systems that can carry deposit uranium in high concentrations. ´
‘We have at least a $9 million commitment to exploration in 2022.’
‘Uranium prices have to go up, which will incentivize mining, which everyone benefits from in the long run.’
EPISODE RESOURCES
Email: info@baselode.com
Email: jsykes@uraniumgeologist.com
LinkedIn: https://ca.linkedin.com/company/baselode-energy
Twitter: https://twitter.com/BaselodeE
Website: https://baselode.com
VALUABLE RESOURCES
https://www.linkedin.com/in/rob-tyson-3a26a68/
http://www.mining-international.org
https://twitter.com/MiningConsult
https://www.facebook.com/MiningInternational.org
https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3
ABOUT THE HOST
Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
rob@mining-international.org
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.