Diamond drilling is underway at ACKIO targeting shallow, high-grade uranium mineralization Video update with James Sykes on ACKIO's potential for high-grade unconformity uranium mineralization Baselode Energy Corp. is pleased to offer an in-depth review of the strategy behind the recently started 10,000 m diamond drilling program on the ACKIO high-grade uranium zone as part of the larger Program for the Hook project . For [...]
Baselode Energy Corp. is pleased to announce the closing of a final tranche of its previously announced non-brokered private placement . Under the final tranche, the Company sold 870,000 flow-through units of the Company at a price of C$0.48 per FT Unit for gross proceeds to the Company of C$417,600.00 . Each FT Unit consists of one common share of the Company issued as a "flow-through share" within the meaning of the [...]
Diamond drilling is underway at ACKIO targeting high-grade and shallow uranium mineralization Updates will be released accordingly Baselode Energy Corp. is pleased to announce that diamond drilling has commenced on the ACKIO high-grade uranium zone as part of a larger 10,000 m diamond drilling program for the Hook project . "We're very excited to get back to Hook. With a successful financing behind us, we are [...]
Baselode Energy Corp. is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement . Under the second tranche, the Company sold 385,538 flow-through units of the Company at a price of C$0.48 per FT Unit for gross proceeds to the Company of C$185,058.24 . Each FT Unit consists of one common share of the Company issued as a "flow-through share" within the meaning of the [...]
Baselode Energy Corp. is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement . Under the first tranche, the Company sold 9,161,811 flow-through units of the Company at a price of C$0.48 per FT Unit for gross proceeds to the Company of C$4,397,669 . Each FT Unit consists of one common share of the Company issued as a "flow-through share" within the meaning of the [...]
10,000 metres diamond drilling includes 7,500 metres dedicated to delineation and expansion at ACKIO, and 2,500 metres dedicated to exploring for new zones of mineralization Drilling anticipated to start in June Baselode Energy Corp. is pleased to provide an update for the diamond drilling program scheduled to start in June for the ACKIO high-grade uranium zone and the Hook project . A total of 10,000 metres of diamond [...]
Baselode Energy Corp. is pleased to announce a non-brokered private placement of up to 10,416,667 flow-through units of the Company at a price of C$0.48 per FT Unit for gross proceeds to the Company of up to C$5,000,000 . Red Cloud Securities Inc. is acting as a finder in connection with the Offering. Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of [...]
Five of eight drill holes intersected elevated radioactivity at important lithological contacts CT23-005 intersected a 105 metre long hematite-quartz vein system with late clay alteration, CT23-008 intersected 17 metres of clay alteration, both alteration styles are similar to Athabasca uranium deposit fluid systems Baselode Energy Corp. is pleased to announce the completion of eight drill holes for 1,630 metres on the [...]
Baselode Energy Corp. is pleased to announce that the diamond drilling crew and equipment have started mobilizing to the Catharsis project . Baselode anticipates drilling to start within the next five to seven days. "We're excited to initiate the first ever drill program on Catharsis. The primary drill target we've identified is prospective for large-scale, near-surface, basement-hosted uranium mineralization with [...]
Baselode Energy Corp. is pleased to announce that a field crew has mobilized to the Catharsis project to oversee the preparations for the first drill program on Catharsis. "The primary drill target has overlapping geophysical anomalies characteristic of many Athabasca uranium deposits, including a prominent gravity low feature coincident with electromagnetic conductor breaks and bends. This target area shares interpreted [...]
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 underwriters led by Red Cloud Securities Inc. and PI Financial Corp. and [...]
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. will act as co-lead underwriters and joint bookrunners on behalf of a [...]