Five of eight drill holes intersected elevated radioactivity at important lithological contacts CT23-005 intersected a 105 metre long hematite-quartz vein system with late clay alteration, CT23-008 intersected 17 metres of clay alteration, both alteration styles are similar to Athabasca uranium deposit fluid systems Baselode Energy Corp. is pleased to announce the completion of eight drill holes for 1,630 metres on the [...]
Baselode Energy Corp. is pleased to announce that the diamond drilling crew and equipment have started mobilizing to the Catharsis project . Baselode anticipates drilling to start within the next five to seven days. "We're excited to initiate the first ever drill program on Catharsis. The primary drill target we've identified is prospective for large-scale, near-surface, basement-hosted uranium mineralization with [...]
Baselode Energy Corp. is pleased to announce that a field crew has mobilized to the Catharsis project to oversee the preparations for the first drill program on Catharsis. "The primary drill target has overlapping geophysical anomalies characteristic of many Athabasca uranium deposits, including a prominent gravity low feature coincident with electromagnetic conductor breaks and bends. This target area shares interpreted [...]
Baselode Energy Corp. is pleased to announce the closing of its previously announced "bought deal" private placement for gross proceeds of C$3.0 million from the sale of 3,571,429 flow-through units of the Company that were sold to charitable purchasers at a price of C$0.84 per Charity FT Unit. The Charity FT Units were sold through a syndicate of underwriters led by Red Cloud Securities Inc. and PI Financial Corp. and [...]
Baselode Energy Corp. is announcing that it has terminated its previous agreement with Red Cloud Securities Inc. and PI Financial Corp. regarding the best efforts private placement as announced by the Company in a press release dated October 31, 2022. Baselode has entered into a new agreement whereby Red Cloud Securities Inc. and PI Financial Corp. will act as co-lead underwriters and joint bookrunners on behalf of a [...]
AK22-040: 0.19% U3O8 over 22.5 m starting at 81.4 m true vertical depth AK22-066: 37.5 m of composite mineralization includes 0.14% U3O8 over 24.0 m starting at 107.1 m true vertical depth AK22-018: 34.8 m of composite mineralization includes 0.43% U3O8 over 2.65 m starting at 142.4 m true vertical depth 0.11% U3O8 over 12.45 m starting at 188.9 m true vertical depth AK22-075: 35.5 m of composite mineralization includes [...]
/Not for distribution to United States Newswire Services or for dissemination in the United States/ Baselode Energy Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and PI Financial Corp. to act as co-lead agents and joint bookrunners on behalf of a syndicate of agents in connection with a best efforts, private placement for the sale of up to 10,204,082 flow-through units [...]
Baselode Energy Corp. is pleased to announce exploration plans for the year 2023 on the ACKIO/Hook, Catharsis and Shadow projects, in the Athabasca Basin area , northern Saskatchewan. Baselode's drilling and exploration plans include: ACKIO Definition and Expansion 20,000 m of diamond drilling with an estimated 87 drill holes expanding near-surface, high-grade uranium zones. ACKIO Exploration 5,000 m of diamond drilling [...]
AK22-065: 80 m of composite mineralization includes 0.40% U3O8 over 50.1 m starting at 45.0 m true vertical depth which includes 0.96% U3O8 over 13.85 m 0.50% U3O8 over 7.25 m starting at 102.2 m true vertical depth 0.20% U3O8 over 7.0 m starting at 118.6 m true vertical depth AK22-068: 0.50% U3O8 over 18.5 m starting at 55.2 m true vertical depth which includes 1.53% U3O8 over 3.5 m AK22-071: 0.14% U3O8 over 25.55 m [...]
Baselode Energy Corp. is pleased to provide a video presentation that details geologic interpretations of the recently released uranium assay results from the ACKIO high-grade uranium discovery , Hook project, Athabasca Basin area , northern Saskatchewan. The video provides new geological cross-sections from ACKIO which detail the structures, folds and lithological boundaries that are believed to control mineralization [...]
The reported intersection includes 1.86% U3O8 over 12.5 m at 79.7 m true vertical depth which includes the Project's highest individual assay of 5.61% U3O8 Baselode Energy Corp. is pleased to announce the geochemical assay results from drill hole AK22-069 of 0.90% U3O8 over 31.0 m starting at 69.3 m true vertical depth which includes 1.86% U3O8 over 12.5 m at 79.7 m true vertical depth. AK22-069 is the latest and best [...]
17 drill holes with uranium mineralization: 10 confirm high-grade uranium mineralization* above 0.5% U3O8 7 intersected uranium mineralization between 25 and 50 metres below surface 4 intersected uranium mineralization between 50 and 100 metres below surface AK22-047: 1.67% U3O8 over 7.5 m at 99.3 m true vertical depth includes 2.45% U3O8 over 5.0 m AK22-052: 0.58% U3O8 over 27.6 m at 28.1 m true vertical depth includes [...]
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