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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