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Baselode Confirms Second Shallow Zone of Uranium Mineralization Starting 32 Metres From Surface Within ACKIO
Two drill holes (AK23-112 and AK23-113) intersected elevated levels of radioactivity in Pod 7 at ...
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[{"type":"text","content":"Baselode Confirms Second Shallow Zone of Uranium Mineralization Starting 32 Metres From Surface Within ACKIOTwo drill holes (AK23-112 and AK23-113) intersected elevated levels of radioactivity in Pod 7 at overburden-basement contact within 32 and 37 metres from surface, respectively Drill holes in \"Mirror\" exploration target intersected elevated radioactivity within massive alteration systemAssays from this Drill Program are expected shortly Toronto, Ontario--(Newsfile Corp. - August 28, 2023) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (\"Baselode\" or the \"Company\") is pleased to announce the completion of the diamond drilling program (the \"Program\") on the ACKIO high-grade uranium zone (\"ACKIO\") on the Hook project (\"Hook\" or the \"Project\") (see Figures 1 and 2, Table 1). \"Several of our holes intercepted elevated levels of radioactivity, which will expand our mineralized footprint. We also achieved several milestones, including extending mineralization along strike and at depth, discovering more shallow mineralization including Pod 7 starting at the overburden-basement rocks contact similar to Pod 1, defining thicker zones of mineralization within previously modeled areas, and identifying a new trend of mineralization at the Mirror target which displays intense alteration over a 300 m width,\" said James Sykes, CEO, President and Director of Baselode.ACKIO Drill Program Update36 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 (Figures 1 and 2, Table 1).Drill holes AK23-112 to AK23-113 successfully identified mineralization at the overburden-basement contact in Pod 7, confirming a second zone of mineralization (after Pod 1) with mineralization as-shallow-as-possible in the ACKIO system.Drill holes AK23-114 and AK23-115 tested the northern strike extent of mineralization in Pod 7. Results were strongest in AK23-114 suggesting Pod 7 could trend shallower than previously modelled and requires follow-up in the future.Drill hole AK23-116 confirmed numerous discrete intervals of elevated radioactivity in the area between Pods 1 and 7. These intervals are not part of any currently modeled uraniu...