Drill Results, ACKIO & Exploration - 2023

Baselode completed 36 drill holes for 7,512 (AK23-081 to AK23-116).  ACKIO consisted of 30 drill holes for 6,193 m, Mirror consisted of 5 drill holes for 1,145 m, and 1 drill hole for 174 m was completed on a regional exploration target.

ACKIO expansion & exploration milestones achieved;

  • Discovered a new zone of near-surface mineralization at Pod 7 with mineralization starting at 32 m from surface  
  • Pod 7 has grown in thickness, depth, and strike length, and with higher-grade potential now being recognized
  • Intersected best results at depth; mineralization, alteration and structure remain open and strong at depth
  • Multiple drill holes with greater than 30 m of mineralization demonstrates a system endowed with multiple thick sequences of uranium mineralization

Drill hole highlights include;

  • AK23-095 0.41% U3O8 over 34.85 m at 46.65 m (43.5 m true vertical depth) includes 1.11% U3O8 over 7.4 m at 70.6 m (Pod 1)
  • AK23-096 0.36% U3O8 over 20.0 m at 54.0 m (49.7 m true vertical depth) includes 0.70% U3O8 over 4.0 m at 58.5 m (Pod 1)
  • AK23-088 0.32% U3O8 over 16.5 m at 184.0 m (166.8 m true vertical depth) includes 0.69% U3O8 over 1.55 m at 185.45 m and 0.75% U3O8 over 1.5 m at 193.5 m (Pod 4)