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Baselode Reports Near-Surface High-Grade Intersection of 1.11% U3O8 over 7.4 Metres
High-grade intersection of 1.11% U 3 O 8 over 7.4 m within 0.41% U 3 O 8 over 3...
About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Reports Near-Surface High-Grade Intersection of 1.11% U3O8 over 7.4 MetresHigh-grade intersection of 1.11% U3O8 over 7.4 m within 0.41% U3O8 over 34.85 m at 43.5 m true vertical depth in AK23-95 3 of 5 drill holes with mineralization starting within 50 metres of surface and with greater than 30 metres of mineralizationAssays pending from 15 remaining drill holes, including those with the highest radioactivity resultsToronto, Ontario--(Newsfile Corp. - November 8, 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\"). Assays from the remaining 15 drill holes cover shallow mineralization expanding Pod 7, and exploration drill holes outside the known ACKIO footprint.\"ACKIO continues to impress us with near-surface, high-grade uranium mineralization in Pod 1, and with growth potential in Pod 7 starting to be realized. Drill holes AK23-095, AK23-096, and AK23-098 intersected mineralization starting within 50 m of surface, and had greater than 30 m of composite mineralization. This demonstrates the potential of ACKIO as it hosts shallow, high-grade uranium and is endowed with multiple thick sequences of mineralization. In addition, Pod 7 has grown in thickness, depth, and strike length with four drill holes, remaining open at depth and along strike. We anticipate more encouraging results from Pod 7 as the highest levels of radioactivity encountered in the Program were drilled 50 m along strike of holes AK23-98 and AK23-99,\" said 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 AK23-95, AK23-96, AK23-98 and AK23-99 were drilled within the centre of Pod 1, with the former two drill holes also targeting moderate to deeper portions of Pod 7 to the west, and the latter two drill holes testing the edge of modeled mineralization in Pod 7. Extensive shallow mineralization star...