Hook Project

About the Hook Project

The Hook Project is 100% owned by Baselode Energy with no underlying royalties or option agreements. Hook is on a northwest oriented geophysical strike with two high-grade uranium occurrences; the McArthur River mine and the Hook Lake surface showings where veins have returned 44.5 wt% U3O8 from grab samples.

The Hook Project is hosted within the basement rocks of the Wollaston domain, which hosts the highest grade uranium deposits in the world. This is in line with Baselode’s “Athabasca 2.0” strategy–exploring and developing projects with little to no sandstone cover, in areas that have deep rooted structures with ideal structural “traps” for uranium mineralization

Location and Infrastructure

Hook is located 40 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 ~42,000 hectares adjacent to the Athabasca Basin. 

Property Geology

The Hook project is hosted within the basement rocks of the Wollaston domain, which hosts the highest grade uranium deposits in the world. This is in line with Baselode’s “Athabasca 2.0” strategy: exploring and developing projects with little to no sandstone cover, in areas that have deep rooted structures with ideal structural “traps” for uranium mineralization.

Exploration Targets

The northeast oriented metamorphic regional fabric is apparent in the magnetics, some with weak conductors associated with them.  These features are the preferred structural orientations for mineralization.  However, the most prominent geophysical feature of interest is a northwest oriented magnetic low (bounded by red dashed lines above) that may have a direct causal relationship with structurally-controlled high-grade uranium occurrences within the area, i.e., McArthur River mine and Hook Lake showing.  Baselode will be further investigating the magnetic low corridor as a potential for uranium-bearing hydrothermal fluid migration pathway.

Project Plan

Baselode’s exploration plan for the Hook property will include:

  • Q2/Q3 2021: airborne radiometrics, magnetics, and EM, ground prospecting, mapping and sampling, and 3,000 to 5,000 m diamond drill program

Baselode’s Athabasca 2.0 strategy is unrivaled and we’re ready to make the next big discovery!