%Uranium - used to power commercial nuclear reactors - has been touted as the alternative for %CleanEnergy . And this company just reported seven drill holes with uranium mineralization within 50 meters of the surface.
Miner %BaselodeEnergy () () has announce the geochemical assay results from an additional twenty-eight drill holes of the now-complete 22,500 metre diamond drill program on the %AthabacaBasin area in northern Saskatchewan, per the company’s press release.
These shallow finds are promising, according to company management, and located in an area renowned for high uranium grades.
Canadian shares were trading at $0.88, up over four percent, in morning trade. U.S.-traded shares were also trading higher.
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