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Geiger Energy Corp. reports uranium exploration developments tied to its project portfolio in northern Canada. The company’s recurring updates focus on drilling, radiometric and geochemical results, and target advancement at the 100% owned Hook Project in Saskatchewan’s Athabasca Basin, including the ACKIO prospect, and the Aberdeen Project in Nunavut’s Thelon Basin.
News about BSENF also covers the company’s broader uranium discovery strategy across Athabasca and Thelon Basin properties, including exploration work around targets and discoveries such as Loki, Tatiggaq and Qavvik. Corporate updates include equity offerings, shareholder communications, industry conference participation and risk disclosures related to exploration funding, regulatory conditions and commodity-sector execution.
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 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 (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 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.