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Baselode Starts 10,000 Metre Drill Program at ACKIO High-Grade Uranium Zone, Hook Project
Diamond drilling is underway at ACKIO targeting high-grade and shallow uranium mineralization ...
About this update from Geiger Energy Corporation
[{"type":"text","content":"Baselode Starts 10,000 Metre Drill Program at ACKIO High-Grade Uranium Zone, Hook ProjectDiamond drilling is underway at ACKIO targeting high-grade and shallow uranium mineralizationUpdates will be released accordinglyToronto, Ontario--(Newsfile Corp. - June 5, 2023) - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) (\"Baselode\" or the \"Company\") is pleased to announce that diamond drilling has commenced on the ACKIO high-grade uranium zone (\"ACKIO\") as part of a larger 10,000 m diamond drilling program (the \"Program\") for the Hook project (\"Hook\" or the \"Project\", see Figures 1 and 2). \"We're very excited to get back to Hook. With a successful financing behind us, we are well-positioned to advance ACKIO with definition and expansion drilling, while maintaining our vision to discover more mineralization with exploration drilling near ACKIO and Project-wide. This drill program will seek to discover additional mineralization along high-grade uranium trends within ACKIO, discover new zones within ACKIO's structural domain, and target new zones up to twelve kilometres south of ACKIO. 2022's drill results indicate potential for shallow, sandstone-unconformity mineralization at ACKIO within completely undrilled structural target areas. Sandstone-unconformity mineralization is typically higher-grades than basement-hosted mineralization, which is an exciting prospect for Baselode to target. Hook is highly prospective for numerous near-surface, basement-hosted, high-grade uranium discoveries, and we intend to test top-tier target areas with this current and future drill programs,\" said James Sykes, CEO, President and Director of Baselode.The Company is preparing a presentation to provide more details regarding the Program's drill targets and plans.ACKIO/Hook 2023 Summer Drill Program10,000 metres of diamond drilling are planned for Hook this summer. The breakdown includes 7,500 metres allocated to delineation and expansion diamond drilling on ACKIO (Figure 1), and 2,500 metres partitioned in three to five areas for reconnaissance exploration to discover the next uranium zone on Hook (Figures 1 and 2). The ACKIO delineation and expansion part of the Program will first focus on the shallowest and/or the highest-grade uranium intersections defined in last years successful 22,500 metre drill campaign. Drill collars have been p...