Baselode Energy Corp V.FIND

Alternate Symbol(s): BSENF

Baselode Energy Corp. is a Canada-based uranium exploration company. The Company is focused on discovering near-surface, basement-hosted, high-grade uranium orebodies outside the Athabasca Basin. Its projects include Hook, Catharsis, Shadow, and Bear. The Hook project is located 40 kilometers (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 62,000 hectares adjacent to the Athabasca Basin. The Hook project is hosted within the basement rocks of the Wollaston domain. The Catharsis is located 75 km southwest from the Key Lake uranium mill. The property encompasses 136,000 hectares 60 km south of the Athabasca Basin edge. The Shadow is located on one of the structural trends observed in Northern Saskatchewan, the Virgin River Shear Zone. The property encompasses 30,000 hectares along the Virgin River Shear Zone 30 km south of the Athabasca Basin margin.

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Baselode Energy Corp

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Post by Marphineon Dec 13, 2021 10:21am

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Post# 34224739

Shadow update

Baselode Receives Drilling Permits for its Shadow Uranium Project

Toronto, Ontario – December 13, 2021 – Baselode Energy Corp. (TSXV: FIND, OTCQB: BSENF) ("Baselode" or the "Company") is pleased to announce that it has received Exploration Work Authorization diamond drilling permits from Saskatchewan’s Ministry of Environment (the “Ministry”) for its 100% owned Shadow Uranium project (“Shadow”) in the Athabasca Basin area. Baselode is encouraged by the Ministry’s decision to approve the diamond drilling exploration permits as a result of the Company openly accommodating additional exploration conditions during the extended duty to consult process. Shadow was the first project staked by the Company as it believes the project area meets all of the criteria for hosting near-surface, basement-hosted, high-grade uranium deposits. Baselode continues dialogue with the impacted Indigenous communities to ensure that mutually agreeable solutions and benefits with minimal disturbances to Indigenous Lands and Rights are addressed for the planned exploration activities within the Shadow project area.. The Company will continue to update regarding consultation progress with the Indigenous communities as more information becomes available.