Wednesday, November 29News That Matters

Baselode Energy assays show near-surface high-grade intersection at Hook Project

–News Direct–

Baselode Energy CEO James Sykes joined Steve Darling from Proactive to share some developments regarding the company's latest positive drill results. These results stem from Baselode Energy's extensive 7,512-meter diamond drilling program conducted within the ACKIO uranium prospect, situated on the Hook project.

The most recent assays cover the outcomes of 15 drill holes, shedding light on both shallow mineralization expansion within Pod 7 and exploration drill holes conducted beyond the known boundaries of the ACKIO footprint.

Sykes expressed his enthusiasm for the ongoing drilling efforts, which continue to yield impressive findings. Notably, the drill results revealed near-surface, high-grade uranium mineralization in Pod 1.

Furthermore, there is an indication of growth potential within Pod 7, with drill holes AK23-095, AK23-096, and AK23-098 uncovering mineralization commencing within a mere 50 meters from the surface and extending to more than 30 meters in composite mineralization. This discovery strongly suggests that ACKIO boasts shallow, high-grade uranium reserves and is characterized by multiple thick sequences of mineralization, reaffirming its considerable potential as a valuable resource.

Sykes also shared that Pod 7 has experienced notable growth in terms of thickness, depth, and strike length, with findings from four drill holes indicating that this area remains open for further exploration both at depth and along its strike.

The company eagerly anticipates receiving additional results from Pod 7, which could provide further insights into the extent of this expansion.

Contact Details

Proactive Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/baselode-energy-assays-show-near-surface-high-grade-intersection-at-hook-project-595906191

Baselode Energy Inc

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COMTEX_443164402/2655/2023-11-08T13:33:29

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