Business
Baselode Cuts 4.03% U3O8 in Extension Drilling at ACKIO
4.03% U 3 O 8 over 0.55 m at 126.0 m vertical depth in AK23-102 is the highest individua...

About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Cuts 4.03% U3O8 in Extension Drilling at ACKIO4.03% U3O8 over 0.55 m at 126.0 m vertical depth in AK23-102 is the highest individual uranium assay result of the summer drill program1.02% U3O8 over 8.05 m at 123.0 m vertical depth within 0.59% over 15.0 m at 120.7 m vertical depth in AK23-102 Mineralization remains open along strike and at depthAssays pending from 6 remaining exploration drill holesToronto, Ontario--(Newsfile Corp. - November 27, 2023) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (\"Baselode\" or the \"Company\") is pleased to announce new uranium (\"U3O8\") assays from 5 drill holes from the 7,512 metre diamond drilling program (the \"Program\") completed within the ACKIO uranium prospect (\"ACKIO\") on the Hook project (\"Hook\" or the \"Project\"). Baselode has assays from 6 exploration drill holes outside the ACKIO system to be released. \"We've extended Pod 7 (Figure 1) with its best intersection to date. AK23-102 returned the best overall uranium results with 1.02% U3O8 over 8.05 metres and the highest grades, 4.03% U3O8, from Pod 7 in a 50 metre step out with mineralization that is still open on strike and at depth. This intersection and previous results from this summer demonstrate the potential for additional high-grade uranium outside of what was previously thought for Pod 7. We learn with each drill hole, and this new information will be well applied for 2024's exploration program on Hook, which will be our most extensive yet,\" stated James Sykes, CEO, President, and Director of Baselode.ACKIO Drill Program Details36 drill holes for 7,512 metres (\"m\") were completed during the Program. ACKIO consisted of 30 drill holes for 6,193 m, Mirror consisted of 5 drill holes for 1,145 m, and 1 drill hole for 174 m was completed on a regional exploration target.Drill holes AK23-102 to AK23-104 were designed to locate mineralization beyond the modeled extents of Pod 7. They were drilled 50 m north of higher concentrations of uranium previously encountered in drill holes AK23-095, AK23-096 and AK23-098. The results from hole AK23-102 suggests uranium concentrations are getting stronger as exploration continues along the Pod 7 mineralized corridor. Drill holes AK23-114 and AK23-115 were designed as 25 m step-outs to locate high-grade uranium mineralization intersected in AK23-102. Although neither...