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Baselode Intersects Wide Zone of Radioactivity 36 Metres from Surface
1,019 cps* over 35.75 m starting at 36 m beneath surface in AK23-095 Five drill holes with g...
About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Intersects Wide Zone of Radioactivity 36 Metres from Surface1,019 cps* over 35.75 m starting at 36 m beneath surface in AK23-095Five drill holes with greater than 20 metres of elevated radioactivity15 drill holes (3,214 metres) completed to dateToronto, Ontario--(Newsfile Corp. - July 13, 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\") as part of the larger Program for the Hook project (\"Hook\" or the \"Project\") (see Figure 1 and Table 1). \"AK23-095 is our 4th best drill hole by total radioactivity at ACKIO. We are confident this drill hole will help increase our understanding of Pods 1 and 7 in this area. The initial holes of this program focussed mostly on infill and definition drilling of Pods 4 and 5. AK23-095 was the first hole designed for delineation and expansion drilling of Pods 1, 2 and 7. Our best results to date have come from Pods 1 and 2, while Pod 7 is poorly defined and open to the north. AK23-095 delivered an exceptionally thick intersection measuring 28.45 metres of elevated radioactivity in Pod 7, indicating Pod 7 was not drill confined to the west and does remain open (see Figure 2). We expect this drill program to continue to deliver exceptional results as we grow ACKIO,\" said James Sykes, CEO, President and Director of Baselode.ACKIO Drill Program UpdateA total of 15 drill holes (AK23-081 to AK23-095) in 3,214 metres (\"m\") have been completed at ACKIO (Figure 1, Table 1). The Program continues to drill. Drill holes AK23-082, AK23-084, AK23-088, AK23-092, and AK23-095 all had over 20 m of composite radioactivity, indicating mineralization is broad and occurs in multiple lenses. In particular, the lower intersection within AK23-095 has greatly expanded mineralization modeled previously in Pod 7. Drill holes AK23-090, AK23-091, and AK23-095 all had mineralization starting shallower than 100 m from surface, with mineralization in AK23-095 starting immediately at the overburden base, confirming the presence of near-surface mineralization. High levels of radioactivity (>5,000 cps*) were reported in drill holes AK23-088, AK23-092, and AK23-095 confirming multiple lenses of higher concentrations of uranium mineralization are...