Baselode Intersects First Unconformity-Style Mineralization in the Northeast Thelon

Core Insights - Baselode Energy Corp. has discovered elevated radioactivity in sandstone above the unconformity at the Loki target in the Aberdeen project, Nunavut, indicating significant uranium mineralization potential [1][2][7] Exploration Results - The Loki target represents the first instance of sandstone-hosted, unconformity-style uranium mineralization in the northeast Thelon Basin, with a broad alteration zone of 600 metres identified [2][3] - A 2.2 metre zone of elevated radioactivity was recorded, reaching up to 540 counts per second (cps) from the radiometric downhole probe [8] - Significant clay alteration and structural disruptions have been observed, suggesting post-Basin fault movement that could drive uranium mineralization [8] Project Overview - Baselode holds approximately 390,000 hectares for exploration in the Athabasca Basin and 95,519 hectares in Nunavut's Thelon Basin [6] - The Aberdeen Project is Baselode's flagship asset, hosting high-grade uranium discoveries at Tatiggaq and Qavvik, with notable intercepts of 2.25% U₃O₈ over 11.1 metres [9] Future Plans - The 2025 exploration program aims to make additional high-grade discoveries to enhance the project's scale and potential [3] - Further drilling on targets such as Bjorn, Tarzan, and Lobster is planned, with results to be released as they are processed [3]