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Baselode Discovers New Uranium Anomalies East of ACKIO
4 of 6 exploration drill holes intersected elevated uranium Mineralization remains open in al...
About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Discovers New Uranium Anomalies East of ACKIO4 of 6 exploration drill holes intersected elevated uranium Mineralization remains open in all directionsBaselode's 2024 Drill Programs to be announced soonToronto, Ontario--(Newsfile Corp. - December 13, 2023) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (\"Baselode\" or the \"Company\") is pleased to announce the final uranium (\"U3O8\") assays from 6 exploration drill holes outside of the ACKIO uranium prospect (\"ACKIO\") from the 7,512 metre diamond drilling program (the \"Program\") completed on the Hook project (\"Hook\" or the \"Project\"). \"We've discovered new anomalous uranium on untested ground east of ACKIO on Hook. Our geological understanding of the Project has evolved with the discovery and ongoing delineation of ACKIO, and we believe the broader Hook project has excellent potential for additional deposits. The results from these preliminary exploration drill holes encourage us to further test the project-scale fertile structure that hosts ACKIO. In addition to the Mirror and Sandstone targets, we will be drilling additional regional targets in 2024,\" stated James Sykes, CEO, President, and Director of Baselode.\"A lot has been learned in the two years since ACKIO was first discovered. Like other basement hosted deposits ACKIO is structurally-controlled, but in our case our controlling structures are not conductive and are related to normal faulting focused along lithology contacts. It is encouraging to see anomalous uranium values at lithology contacts east of ACKIO. Additionally, we have other targets on the Hook Project which have similar geophysical signatrues to ACKIO,\" said Cameron MacKay, Vice-President, Exploration & Development 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.The Mirror target area consisted of drill holes AK23-105 to AK23-109, which were designed as a broad fan of drill holes to test for uranium mineralization beyond the eastern limits of ACKIO along an inferred sub-parallel structure (Figure 2). All 5 holes encountered hydrothermal alteration consisting of varying intensities of chlorite, h...