Business
Baselode Hits More Shallow Radioactivity, Extends Uranium Mineralization Footprint at Hook
High levels of radioactivity and multiple intersections of >10,000 cps in AK23-102 within 2,27...
About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Hits More Shallow Radioactivity, Extends Uranium Mineralization Footprint at HookHigh levels of radioactivity and multiple intersections of >10,000 cps in AK23-102 within 2,271 cps* over 16.0 m starting at 120 metres from surfaceACKIO growth: AK23-102 extends mineralization in Pod 7 by 50 metres (~50% strike length growth) with mineralization open along strikeNear Surface: Eight of nine holes with radioactivity starting within 100 m from surfaceToronto, Ontario--(Newsfile Corp. - August 8, 2023) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (\"Baselode\" or the \"Company\") is pleased to provide an update 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 to 3 and Table 1). \"We are impressed with these results that extend ACKIO's near-surface mineralization along with higher levels of radioactivity. Pod 7 has grown along strike and at depth with higher radioactivity. In particular, hole AK23-102 has some of the highest radioactivity encountered at ACKIO, and mineralization remains open along strike,\" said James Sykes, CEO, President and Director of Baselode.ACKIO Drill Program Update24 drill holes (AK23-081 to AK23-104) in 4,875 metres (\"m\") have been completed at ACKIO to date (Figure 1, Table 1). The Program continues to drill but has now shifted to near-ACKIO reconnaissance exploration drilling while ACKIO is remodeled with new results. Four of the reported drill holes (AK23-096, AK23-098, AK23-099, and AK23-102) have over 15 m of composite radioactivity occurring within Pods 1 and 7. In particular, drill holes AK23-098, AK23-099 and AK23-102 have expanded mineralization modeled previously in Pod 7 by at least 50 m to the north and at depth (Figure 2). Eight of nine reported drill holes (excluding AK23-100) all had mineralization starting shallower than 100 m from surface, with three drill holes intersecting mineralization shallower than 50 m from surface (AK23-096, AK23-098, and AK23-104). Mineralization in AK23-098 starts immediately at the overburden base, expanding the near-surface mineralization footprint in Pod 1. High levels of radioactivity (>5,000 cps*) were reported in drill holes AK23-096, AK23-099, and AK23-102 confirming multiple lenses of higher concentrations of uranium miner...