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Baselode Confirms New Uranium Mineralization at Depth at ACKIO, Mineralization Remains Open
AK23-88: 0.32% over 16.5 m at 184 m drill hole depth, including 0.53% over 3.0 m and 0.75% over 1...
About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Confirms New Uranium Mineralization at Depth at ACKIO, Mineralization Remains OpenAK23-88: 0.32% over 16.5 m at 184 m drill hole depth, including 0.53% over 3.0 m and 0.75% over 1.5 m (best uranium intersection beneath 150 m depth) Mineralization remains open at depthAssays from 25 remaining drill holes on this program are pending Toronto, Ontario--(Newsfile Corp. - September 20, 2023) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (\"Baselode\" or the \"Company\") is pleased to announce uranium (\"U3O8\") assay results from 11 drill holes (AK23-81 to AK23-91) of the 7,500 m diamond drilling program (the \"Program\") targeting the deepest parts of the ACKIO high-grade uranium system (\"ACKIO\") on the Hook project (\"Hook\" or the \"Project\"). The assays reported herein are all from the deepest drilling at ACKIO. Baselode anticipates, based on previously released radioactivity results, to release even more encouraging results from shallower intersections with pending assay results from 25 drill holes remaining. \"The results from the deep targets in drill holes AK23-88 and AK23-82 clearly demonstrate mineralization remains strong and open at depth as we attempt to connect the near-surface mineralization with these new zones at depth. The assay results from hole AK23-88 rank it is a top-ten drill hole at ACKIO. In particular, AK23-88 intersected 4 individual high-grade uranium lenses, including 0.53% over 3.0 m and 0.75% over 1.5 m, while holes AK23-84 through AK23-88 demonstrate continuity of higher grades of mineralization at depth. ACKIO is a robust uranium system with shallow mineralization extending deep and remains open for additional discovery potential,\" said James Sykes, CEO, President and Director of Baselode.ACKIO Drill Program Details36 drill holes over 7,512 metres (\"m\") were completed. Within this, ACKIO consisted of 30 drill holes for 6,193 m, Mirror consisted of 5 drill holes for 1,145 m (AK23-105 to AK23-109), and 1 drill hole (HK23-008) for 174 m was completed on a regional exploration target (Figure 1, Table 1).Drill holes AK23-90 and AK23-91 confirmed mineralization starting at 72 m and 82 m below surface, respectively, demonstrating shallow mineralization is prevalent in other Pods at ACKIO.The remainder of the drill hole assay results were all intersected between 130 and 225 m beneath the s...