TORONTO, Dec. 9, 2021 /CNW/ - Baselode Energy Corp. (TSXV:
FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is
pleased to present its latest webinar 'What can we take away
from the results of AK21-01?'. This webinar provides
encouraging comparisons of the recently released Uranium assay
results from drill hole AK21-01 with other notable Athabasca high-grade Uranium deposits.
Drill hole AK21-01 was the first drill hole in the Company's ACKIO
uranium discovery on the 100% owned Hook uranium project
("Hook").
VIEW BASELODE'S WEBINAR:
VIDEO 6 – WHAT CAN WE TAKE AWAY FROM THE RESULTS OF AK21-01?
Planned Winter Drill Program on ACKIO
Baselode is
planning for a 10,000 metre diamond drill program on the ACKIO
discovery to begin in mid- to late-January. Drill holes will
be planned to intersect mineralization along strike and dip, which
remains open in all directions, and to test for unconformity-style
of mineralization. The drill program will be operated with
helicopter support to lessen any ground-induced environmental
impacts within the project area.
ACKIO is located 30 km southeast of well-established
infrastructure including an all-season road and powerline that runs
between Cameco Corp.'s (TSX: CCO) and Orano's McArthur River mine and Key Lake Uranium mill
joint ventures. ACKIO is located 70 km northeast of the Key
Lake mill.
About Baselode Energy Corp.
Baselode currently
controls 100% of approximately 227,000 hectares for exploration in
the Athabasca Basin area, northern
Saskatchewan, Canada. The land
package is free of any option agreements or underlying
royalties.
Baselode's Athabasca 2.0
exploration thesis is focused on discovering near-surface,
basement-hosted, high-grade uranium orebodies outside of the
Athabasca Basin. The exploration
thesis is further complemented by the Company's preferred use of
innovative and well-understood geophysical methods to map deep
structural controls to identify shallow targets for diamond
drilling.
QP Statement
The technical information contained in
this news release has been reviewed and approved by Cameron MacKay, P.Geo., Projects Manager for
Baselode Energy Corp., who is considered to be a Qualified
Person as defined in "National Instrument 43-101, Standards of
Disclosure for Mineral Projects."
www.baselode.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the TSX Venture Exchange
policies) accepts responsibility for the adequacy or accuracy of this
release.
Certain information in this press release may contain
forward-looking statements. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. Baselode Energy Corp. assumes no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to Baselode Energy Corp. Additional information
identifying risks and uncertainties is contained in the Company's
filings with Canadian securities regulators, which filings are
available under Baselode Energy Corp. profile at www.sedar.com.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in
the United States. The securities
have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold within
the United States or to, or for
the account or benefit of, U.S. Persons unless registered under the
U.S. Securities Act and applicable state securities laws, unless an
exemption from such registration is available.
SOURCE Baselode Energy Corp.