Welcome to our dedicated page for GEIGER ENERGY news (Ticker: BSENF), a resource for investors and traders seeking the latest updates and insights on GEIGER ENERGY stock.
Baselode Energy Corp, which is expected to operate under the name Geiger Energy Corporation, generates a steady stream of exploration news tied to its uranium projects in Canada’s Athabasca and Thelon basins. Under the OTCQB symbol BSENF, the company’s announcements focus on drill programs, assay results, and technical updates from prospects such as ACKIO, Aberdeen, and Hook.
Recent news highlights include shallow uranium assay results from the ACKIO prospect in northern Saskatchewan, where multiple drill holes have intersected uranium mineralization within 50 to 100 metres from surface across several pods. Releases also detail evolving interpretations of mineralization controls at ACKIO, including higher-grade cores within broader uranium envelopes.
Joint Baselode–Forum and later Geiger news provide regular updates on the Aberdeen Project in Nunavut’s Thelon Basin. These include the start and progress of multi-target drill campaigns, the first reported sandstone-hosted unconformity-style uranium mineralization at the Loki target in the northeast Thelon Basin, and follow-up plans for additional targets such as Bjorn, Tarzan, and Lobster. Technical commentary emphasizes gravity anomalies, structural trends, clay alteration, and elevated uranium or pathfinder elements as key exploration criteria.
Additional releases describe winter and summer drill programs at the Hook Project in the Athabasca Basin, where the company plans to test thick clay alteration and radioactive systems at the TT and TAB targets located kilometres from the ACKIO discovery. Corporate news also covers Baselode’s business combination with Forum Energy Metals, completion of the plan of arrangement, and the planned name change and share consolidation leading to Geiger Energy. Investors following BSENF-related news can review these updates to track exploration progress, project priorities, and corporate developments over time.
Geiger Energy (OTCQB: BSENF) issued a shareholder letter outlining its 2026 exploration strategy focused on two flagship uranium assets: the Hook Project (Athabasca Basin) and the Aberdeen Project (Thelon Basin). Planned programs include a 2,000 m drill program at Hook starting mid‑February targeting TT and TAB zones and down‑dip extensions, and a 10,000 m summer drill program at Aberdeen to follow up the Loki unconformity intersection and test major gravity anomalies. The company said it has sufficient capital to execute near‑term drilling and will evaluate funding carefully to limit dilution. Geochemical results will be released as received.
Geiger (OTCQB: BSENF) plans a February 2026 drill program at the Hook project, Athabasca Basin, to test two clay-alteration/radioactive systems: TT (~5.5 km SW of ACKIO) and TAB (~6 km NE of ACKIO). Previous 2024 drilling returned 30–145 m clay alteration across five holes at TT and 130–230 m fracturing/hydrothermal alteration with elevated radioactivity in two holes at TAB.
The winter program will drill 3–5 holes per area to test below the alteration envelopes and a broad gravity low at TAB; logistics and staffing are ready for early February deployment.
Geiger Energy (OTCQB: BSENF) announced a Winter 2026 drill program at the Hook project to test two major clay alteration systems (TT and TAB) identified in 2024 in the Athabasca Basin.
Key highlights include drill intersections of clay alteration from 30–145 m (TT) and 130–230 m (TAB), scintillometer radioactivity up to 890 cps, and measured uranium up to 119.3 ppm in altered intervals. The program follows Geiger’s ACKIO discovery and complements a 2025 Aberdeen summer campaign (~5,300 m drilled).
Baselode Energy (OTCQB: BSENF) will change its name to Geiger Energy Corporation and complete a 1-for-5 share consolidation effective October 27, 2025, subject to TSX Venture Exchange approval.
Pre-consolidation shares expected: 291,627,303; post-consolidation expected: 52,325,460 (fractional shares rounded per policy). New trading symbol at open on October 27, 2025: BEEP. New CUSIP/ISIN: 375130101 / CA3751301019. Exercise/conversion terms for warrants, options and convertible securities will be proportionately adjusted.
Baselode Energy (OTCQB:BSENF) has announced a significant discovery of the first unconformity-style uranium mineralization in the northeast Thelon Basin at its Loki target on the Aberdeen project in Nunavut. The company intersected elevated radioactivity measuring up to 540 cps over 2.2 metres in the sandstone just above the unconformity.
The discovery revealed a broad alteration zone spanning 600 metres, with significant clay alteration, bleaching, and sulphide presence observed in 4 out of 5 drill holes. The Loki target features an almost 4 km gravity low trend with a Thelon sandstone outlier less than 150m thick. The company notes that additional testing is required across the 4x1 km gravity target area to determine the presence of a major deposit.
Baselode Energy Corp. (OTCQB: BSENF) has completed its acquisition of Forum Energy Metals Corp. through a plan of arrangement. Under the deal, Forum shareholders received 0.3535 Baselode shares for each Forum share. The company, to be renamed Geiger Energy Corporation, will be led by new CEO Rebecca Hunter and is well-capitalized with over $12 million in cash.
The transaction strengthens Baselode's position in uranium exploration with two key projects: Aberdeen in Nunavut and Hook in Saskatchewan. The company recently completed a $6 million financing and has expanded its board to include representatives from both companies. Following the arrangement, there are 291,627,336 outstanding Baselode shares.
Baselode Energy (OTCQB: BSENF) and Forum Energy Metals have commenced drilling operations at their Aberdeen Project. The exploration program includes 18-25 planned drill holes totaling up to 7,000 meters across 10 high-priority target areas.
The initial focus will be on the Loki and Bjorn target areas. The Loki Grid has shown promising indicators with elevated uranium levels (30x background) and strong clay alteration in the Thelon sandstone. The program encompasses both sandstone-covered targets for traditional unconformity exploration and basement-only targets.
Ground magnetic surveys are currently being conducted on 6-10 target areas to refine the main fault zones within the drill areas, with the exploration camp now operational for the season.
Baselode Energy (OTCQB:BSENF) and Forum Energy Metals have commenced drilling operations at their Aberdeen Project. The program includes 18-25 planned drill holes totaling up to 7,000 meters across 10 high-priority target areas. The initial focus will be on the Loki and Bjorn targets.
The Loki Grid has shown promising indicators with elevated uranium levels (30 ppm, 30x background) in the Thelon sandstone and strong clay alteration. The exploration strategy encompasses both sandstone-covered targets for traditional unconformity deposits and basement-only targets. Ground magnetic surveys are currently being conducted on 6-10 target areas to refine the main fault zones within the drill areas.
Baselode Energy Corp. (OTCQB: BSENF) and Forum Energy Metals Corp. have announced the commencement of their joint exploration program at the Aberdeen Project in Nunavut. The program includes a 2-drill diamond drill campaign set to begin in July 2025, with plans to complete 18-25 drill holes totaling up to 7,000 meters.
The exploration will focus on 10 high-priority target areas, including both sandstone-covered and basement-only targets. Initial drilling will concentrate on the Loki and Bjorn areas, with Loki showing promising results from 2024 drilling, including uranium values 30x background. The program aims to demonstrate the project's uranium discovery potential through testing multiple blue-sky targets, particularly focusing on strong gravity anomalies along prospective fault trends.
Baselode Energy (OTCQB: BSENF) and Forum Energy Metals (OTCQB: FDCFF) have announced a merger to form Geiger Energy Corporation, creating a leading uranium exploration company. Under the agreement, Forum shareholders will receive 0.3535 Baselode shares for each Forum share, with existing Baselode and Forum shareholders owning approximately 55% and 45% of the combined company respectively.
The merger combines their uranium exploration portfolios across the Thelon and Athabasca basins, with immediate focus on the Aberdeen Project in the Thelon Basin. Dr. Rebecca Hunter, Forum's current CEO, will lead Geiger Energy as CEO. The transaction, expected to close in August 2025, includes a 5:1 share consolidation and is subject to shareholder and regulatory approvals.
FAQ
What is the current stock price of GEIGER ENERGY (BSENF)?
What is the market cap of GEIGER ENERGY (BSENF)?
