Baselode Energy Stock Price, News & Analysis

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.

Baselode Energy (BSENF) has released uranium assay results from 28 drill holes at the ACKIO prospect in Saskatchewan's Athabasca Basin. The program revealed significant shallow uranium mineralization, with 6 drill holes intersecting uranium within 50m from surface and 11 holes within 100m from surface. Notable results include: - Pod 1: Drill hole AK24-137 yielded 0.38% U3O8 over 9.15m at 37.35m depth - Pod 6: Drill hole AK24-118 returned 0.59% U3O8 over 8.5m, and AK24-119 showed 0.28% U3O8 over 21.0m - Pod 7: Significant intersections including 0.18% U3O8 over 28.0m at 98.0m depth The results demonstrate ACKIO's advantage with easily accessible, near-surface uranium mineralization. The uranium at the overburden-bedrock contact remains open to the south and north, with Pod 7's shallow potential still largely untested.

Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) has reported high-grade uranium assay results from 3 of 43 drill holes at its ACKIO prospect in the Athabasca Basin. Key findings include:

1. Hole AK24-118: 8.5 metres of 0.59% U₃O₈, including 1.25% U₃O₈ over 1.5 m

2. Hole AK24-119: 21.0 metres of 0.28% U₃O₈, including 1.55% U₃O₈ over 1.5 m

3. Hole AK24-117: 7.5 metres of 0.07% U₃O₈

These results, particularly from AK24-118 and AK24-119, are among the top 20 drill holes at ACKIO and have improved the overall uranium mineralization statistics of Pod 6. ACKIO's shallow mineralization depth gives it a unique advantage in the Athabasca Basin. Assay results from an additional 40 drill holes are pending.

Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) has announced significant findings from its exploration drill program on the Hook project in Saskatchewan's Athabasca Basin area. The company has identified two large-scale alteration systems with potential for high-grade uranium deposits:

1. HK24-016 area: A massive hydrothermal clay alteration system measuring over 250m wide by 400m deep, with a core of 100m wide by at least 200m deep.

2. HK24-010 area: An alteration system with 13.2m of continuous anomalous radioactivity within a 200m wide alteration corridor.

These systems share similarities with known high-grade Athabasca uranium deposits. The company is well-funded and plans to conduct follow-up drilling on these high-priority targets. Assay results are pending for drill hole samples sent to Saskatchewan Research Council.

Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) has reported promising radioactivity drilling results from its ACKIO uranium prospect in Saskatchewan's Athabasca Basin. Eighteen drill holes encountered anomalous radioactivity near the surface, with nine starting within 50 meters. Highlight drill hole AK24-137 intersected four separate zones with over 5,000 counts per second (cps). Seven holes intersected radioactivity exceeding 5,000 cps, while thirteen reported composite intervals between 11 and 42 meters thick across five areas.

The drilling program expanded near-surface mineralization around Pods 1 and 7, discovered new high-radioactivity zones in Pods 6 and 7, and improved overall mineralization continuity. Results indicate significant growth potential for ACKIO, with broad intersections of anomalous radioactivity and zones of high radioactivity across multiple Pods.

Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) has discovered a new uranium prospect on its Hook project in Saskatchewan's Athabasca Basin area. The discovery was made in the second hole (HK24-010) of their regional exploration program, intersecting over 30 metres of continuous radioactivity at approximately 173 metres vertical depth. This new zone is located 6 km northeast of the ACKIO discovery.

Key highlights:

• HK24-010 intersected over 230 m of structurally-controlled massive hydrothermal alteration
• Gamma probe radioactivity averaged 275 cps over 33.7 m, including 473 cps over 6.8 m
• The discovery is hosted within a massive alteration corridor similar to ACKIO
• Baselode plans to follow-up drilling in this area after completing exploration on other targets

Baselode Energy Corp. (OTCQB: BSENF) has announced promising radioactivity results from three diamond drill holes at its ACKIO uranium prospect in the Athabasca Basin, Saskatchewan. Drill hole AK24-119 returned the widest radioactivity levels in Pod 6, measuring 907 cps over 34 meters, with a peak of 9,173 cps over 0.4 meters. AK24-118 showed similar levels of radioactivity to previous hits but over broader widths. The company's regional exploration phase has also commenced, targeting a 25 km-long structural corridor. Up to 12,000 meters of drilling is planned for ACKIO, with an additional 4,000 meters at Hook.

Baselode Energy Corp. has commenced a diamond drilling program at the ACKIO uranium prospect within the Hook project in the Athabasca Basin, northern Saskatchewan. This program is the second largest drill initiative in the Hook project, targeting up to 16,000 meters.

The ACKIO program focuses on up to 12,000 meters of drilling, aiming to expand known uranium zones and explore new targets based on geophysical and geochemical data.

The regional Hook exploration will cover up to 4,000 meters across 15-20 drill holes in 5-7 different areas, informed by recent survey results, and aims to test the uranium potential further.

Additionally, Baselode has reported promising results from the Catharsis drill program, highlighting significant uranium fertility across multiple drill holes. CEO James Sykes expressed optimism based on these findings.

Baselode Energy Corp. has announced significant updates regarding its uranium projects in the Athabasca Basin, Saskatchewan. The company is mobilizing for a 16,000-metre drill program at its ACKIO and Hook projects. The ACKIO project will target up to 12,000 metres focusing on the southeast zone, while the Hook project will cover 4,000 metres across 15-20 drill holes. Both programs are helicopter-supported and have received necessary permits. Additionally, Baselode has completed its inaugural drill program at Bear, which includes 2,170 metres over ten drill holes, with detailed results pending. Ground ANT and gravity surveys have reinforced regional exploration targets.