Baselode Energy Initiates Drill Program and Geophysical Survey in Athabasca Basin
May 07, 2024 at 05:03 pm
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Baselode Energy CEO James Sykes joined Steve Darling from Proactive to provide insights into the company's inaugural drill program and ANT geophysical survey on its Bear and Hook uranium projects, respectively, situated in the Athabasca Basin region of northern Saskatchewan.
Baselode Energy has identified three primary target areas for drilling, strategically located at the intersection points of NE-SW-trending layers and cross-cutting NW-SE-oriented structures. The Bear drill program, spanning 1,500 meters with 6 to 8 drill holes, will target 2 to 3 different areas. The helicopter-supported program ensures efficient drill targeting while minimizing environmental impacts. The company has secured the necessary permits to execute the program.
Additionally, Baselode Energy announced a collaboration with Fleet Space Technologies to conduct an innovative high-resolution, ground-based, satellite-connected ambient noise tomography (ANT) survey. This survey will generate a 3D model of the subsurface over ACKIO and other areas of interest. Data from the survey is expected to be received and interpreted before the commencement of diamond drilling on the Hook project in June. The company has also obtained the required permits for this program.
These initiatives underscore Baselode Energy's commitment to advancing exploration efforts in the Athabasca Basin, leveraging cutting-edge technologies and strategic drilling targets to unlock the region's uranium potential.
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Proactive United States
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Baselode Energy Corp. is a Canada-based uranium exploration company. The Company is focused on discovering near-surface, basement-hosted, high-grade uranium orebodies outside the Athabasca Basin. Its projects include Hook, Catharsis and Shadow. The Hook project is located 40 kilometers (km) southeast from the McArthur River mine, 60 km northeast from the Key Lake uranium mill, and 16 km west of all-season Provincial highway 905 and powerlines. The property encompasses 62,000 hectares adjacent to the Athabasca Basin. The Hook project is hosted within the basement rocks of the Wollaston domain. The Catharsis is located 75 km southwest from the Key Lake uranium mill. The property encompasses 136,000 hectares 60 km south of the Athabasca Basin edge. The Shadow is located on one of the structural trends observed in Northern Saskatchewan, the Virgin River Shear Zone. The property encompasses 30,000 hectares along the Virgin River Shear Zone 30 km south of the Athabasca Basin margin.