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Baselode Now Drilling at ACKIO Uranium Prospect
Up to 16,000 metre project-wide drill program, the second largest drill program on Hook project ...
About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Now Drilling at ACKIO Uranium ProspectUp to 16,000 metre project-wide drill program, the second largest drill program on Hook projectThe second drill is anticipated to start in two weeksToronto, Ontario--(Newsfile Corp. - June 17, 2024) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (\"Baselode\" or the \"Company\") is pleased to announce diamond drilling has started on the ACKIO (\"ACKIO\") uranium prospect within the Hook project (\"Hook\") in the Athabasca Basin area of northern Saskatchewan (Figure 1). \"We are excited to be finally be back at our flagship Hook project, where we will be looking to expand upon our near-surface uranium discovery ACKIO. Additional drilling on ACKIO offers excellent prospects for expanding the known zones and making new discoveries along strike and depth. Additionally, we will be exploring Hook beyond the ACKIO zone. Hook is such a fertile uranium corridor that we've shown hosts high-grade uranium fluids, and we will test numerous high-priority exploration targets that could support our understanding of Hook,\" commented James Sykes, CEO, President, and Director of Baselode.ACKIO Program DetailsUp to 12,000 metres of drilling is planned at ACKIO (Figure 2), subject to drill results, targetingthe southeast zone, where geophysical survey results suggest the alteration and structural system trend east/southeast-west/northwest, unconformity-style mineralization along the Athabasca sandstone structural contact to the southeast, and; the depth of mineralized structures based on geochemical trends and alteration pathways. Hook Program DetailsThe regional Hook exploration drill program is planned for up to 4,000 metres with 15 to 20 drill holes targeting 5 to 7 different areas. The target areas were generated from combinations of recent results from ground gravity and ANT geophysical surveys (Figure 3). The program is scheduled to start near the end of June. Once the drill has completed Hook exploration drilling, it will join the ACKIO program to complete drilling there.Catharsis Drill Results\"The results from drill holes CT24-09 to CT24-13 and CT24-17 identify 5 km of uranium fertility and potential between target areas D and G (Figure 4). Five of the six drill holes intersected above normal uranium concentrations (3-5x background) identified within 5 to 25 metre-thick zones of structura...