Announcement Date: 2022-08-22
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Baselode Energy Corp.
Project name: Hook
Location: Canada
Commodities: Uranium
Highlight: Drilling results incl. 13.2m @ 0.55% U3O8 from 192.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, Aug. 22, 2022 /CNW/ – Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (“Baselode” or the “Company”) is pleased to announce the geochemical assay results from twenty-one drill holes of the now-complete 2022 diamond drill program (the “Program”) on the ACKIO high-grade uranium discovery (“ACKIO”), Hook project, Athabasca Basin area (the “Basin”), northern Saskatchewan (see Table 1 and Figure 1). Baselode started the Program on February 9, 2022 (see Company News Release) and completed the Program on August 2, 2022, with 78 drill holes (AK22-005 to AK22-080, and HK22-007), including one abandoned drill hole, for a total of 22,485.85 m (see Figure 1). Forty-four of seventy-six drill holes at ACKIO have intersected elevated radioactivity. A complete list of drill hole collar information, hand-held scintillometer radioactivity composite measurements, and U3O8 composite assay results for the twenty-one drill holes reported in this news release (AK22-005 to AK22-011, and AK22- 020 to AK22-033) are provided in Table 1. Geochemical U3O8 assay results from these twenty-one reported drill holes were provided by Saskatchewan Research Council’s Geoanalytical Laboratory (“SRC”) in Saskatoon, Saskatchewan. The assay methodology includes SRCs “U3O8 Wt% Assay” analysis package where
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