| Announcement Date: | 2022-08-02 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | NI43-101 |
| Company name: | Baselode Energy Corp. |
| Project name: | Hook |
| Location: | Canada |
| Commodities: | Uranium |
| Highlight: | 1,687 cps over 26.9 m at 90.9 m in hole AK22-069 |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, Aug. 2, 2022 /CNW/ – Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (“Baselode” or the “Company”) is pleased to announce the final sixteen drill hole results from the now-complete 2022 diamond drill program (the “Program”) on the ACKIO high-grade uranium discovery (“ACKIO”), Hook project (“Hook”), Athabasca Basin area (the “Basin”), northern Saskatchewan (see Figure 1 and Table 1). “Our success at ACKIO this year has exceeded our expectations. We’ve grown ACKIO very quickly with over 22,000 metres having been drilled since February. The final drill holes of the Program continued to intersect near-surface mineralization, expanding the footprint of known mineralization at shallow depths. The discovery of uranium mineralization just 25 metres below surface puts ACKIO into a rare category with near-surface open pit mined Athabasca uranium deposits. |
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