Baselode Energy Corp. is pleased to announce the closing of its previously announced "bought deal" private placement for gross proceeds of C$3.0 million from the sale of 3,571,429 flow-through units of the Company that were sold to charitable purchasers at a price of C$0.84 per Charity FT Unit. The Charity FT Units were sold through a syndicate of [...]
Baselode Energy Corp. is announcing that it has terminated its previous agreement with Red Cloud Securities Inc. and PI Financial Corp. regarding the best efforts private placement as announced by the Company in a press release dated October 31, 2022. Baselode has entered into a new agreement whereby Red Cloud Securities Inc. and PI Financial Corp [...]
AK22-040: 0.19% U3O8 over 22.5 m starting at 81.4 m true vertical depth AK22-066: 37.5 m of composite mineralization includes 0.14% U3O8 over 24.0 m starting at 107.1 m true vertical depth AK22-018: 34.8 m of composite mineralization includes 0.43% U3O8 over 2.65 m starting at 142.4 m true vertical depth 0.11% U3O8 over 12.45 m starting at 188.9 m [...]
/Not for distribution to United States Newswire Services or for dissemination in the United States/ Baselode Energy Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and PI Financial Corp. to act as co-lead agents and joint bookrunners on behalf of a syndicate of agents in connection with a best [...]
Baselode Energy Corp. is pleased to announce exploration plans for the year 2023 on the ACKIO/Hook, Catharsis and Shadow projects, in the Athabasca Basin area , northern Saskatchewan. Baselode's drilling and exploration plans include: ACKIO Definition and Expansion 20,000 m of diamond drilling with an estimated 87 drill holes expanding [...]
AK22-065: 80 m of composite mineralization includes 0.40% U3O8 over 50.1 m starting at 45.0 m true vertical depth which includes 0.96% U3O8 over 13.85 m 0.50% U3O8 over 7.25 m starting at 102.2 m true vertical depth 0.20% U3O8 over 7.0 m starting at 118.6 m true vertical depth AK22-068: 0.50% U3O8 over 18.5 m starting at 55.2 m true vertical depth [...]
Baselode Energy Corp. is pleased to provide a video presentation that details geologic interpretations of the recently released uranium assay results from the ACKIO high-grade uranium discovery , Hook project, Athabasca Basin area , northern Saskatchewan. The video provides new geological cross-sections from ACKIO which detail the structures, folds [...]
The reported intersection includes 1.86% U3O8 over 12.5 m at 79.7 m true vertical depth which includes the Project's highest individual assay of 5.61% U3O8 Baselode Energy Corp. is pleased to announce the geochemical assay results from drill hole AK22-069 of 0.90% U3O8 over 31.0 m starting at 69.3 m true vertical depth which includes 1.86% U3O8 [...]
17 drill holes with uranium mineralization: 10 confirm high-grade uranium mineralization* above 0.5% U3O8 7 intersected uranium mineralization between 25 and 50 metres below surface 4 intersected uranium mineralization between 50 and 100 metres below surface AK22-047: 1.67% U3O8 over 7.5 m at 99.3 m true vertical depth includes 2.45% U3O8 over 5.0 [...]
· AK22-032: 0.55% U3O8 over 13.2 m at 136.0 m true vertical depth includes 0.99% U3O8 over 6.3 m · AK22-011: 0.69% U3O8 over 3.6 m at 144.6 m true vertical depth includes 1.26% U3O8 over 0.5 m · AK22-009: 0.28% U3O8 over 10.5 m at 107.6 m true vertical depth includes 0.51% U3O8 over 2.0 m · Of the reported drill holes, five confirm high-grade [...]
Elevated radioactivity intersected in 10 new drill holes at ACKIO, including; 1,687 cps over 26.9 m at 90.9 m in hole AK22-069 875 cps over 27.7 m at 106.2 m in hole AK22-066 Nine drill holes intersected elevated radioactivity results within 100 m true vertical depth from surface Regional exploration drill target intersected pentlandite within [...]
AK22-065 intersected a total 81.0 metres of composite mineralization including 1,057 cps over 52.3 m, ranks as the second-best drill hole on the project AK22-052 intersected 2,677 cps over 30.0 metres beginning 30.0 metres downhole, ranks as best drill hole on the project Another near-surface zone has been discovered [...]