We are given that each face of a pyramid is an isosceles triangle and that its vertex angle is 70 degrees. This problem can be exemplified in the following diagram:
Since the triangle is isosceles, its base angles are the same, and the sum of the interior angles must be equal to 180 degrees. Therefore, we have the following relationship:

Adding like terms, we get:

Now we solve for "x", first by subtracting 70 on both sides:

Now we divide both sides by 2

Therefore, the base angles of the pyramid are 55 degrees.