Baselode detects radioactivity at Aberdeen target

Executive Summary

• Baselode Energy Corp. intersected the first sandstone‑hosted, unconformity‑style uranium mineralization in the northeast Thelon basin at the Loki target (L​OK25‑007), with a 2.2 m zone of elevated radioactivity up to 540 cps.
• Broad alteration (clay, bleaching, sooty sulphide, limonite) was intersected in four of five reconnaissance holes, confirming an extensive hydrothermal system and significant post‑basin faulting that could host a major uranium deposit.
• The discovery expands the potential of the Aberdeen project’s Loki target and supports Baselode’s 2025 program to pursue additional high‑grade discoveries across the district.

Key Details

• Target: Loki gravity low (~4 km trend) in the northeast Thelon basin, featuring a <150 m thick Thelon sandstone outlier.
• Hole LOK25‑007: Intersected a 2.2 m interval (164.0–166.2 m depth) of elevated radioactivity up to 540 counts per second on the downhole radiometric probe.
• Drilling Program: Five wide‑spaced reconnaissance drill holes completed; four showed pervasive clay alteration, bleaching, sooty sulphide and limonite within the sandstone column.
• Structural Observations: Abundant altered brittle structures cross‑cut the sandstone, indicating post‑Thelon fault movement critical for unconformity uranium systems.
• Assay Results: Pending – laboratory assay data will be released after program completion.
• Future Work: Baselode’s 2025 exploration plan targets additional high‑grade discoveries at Loki and continues drilling on Bjorn, Tarzan, and Lobster targets; results to be disclosed as processed.
• Technical Methodology: Downhole radiometric logging performed with a Mount Sopris 2GHF‑1000 triple‑gamma probe (SN‑3790) attached to a Matrix Logger box (731); data logged at 6 m/min interval, calibrated in 2021.

Notable Quotes

“The Loki target radioactivity represents the first instance of sandstone‑hosted, unconformity‑style uranium mineralization in the northeast Thelon basin… These results confirm the presence of unconformity uranium mineralization… significantly increasing the potential of the Loki target and our project as a whole.” – Rebecca Hunter, CEO, Baselode Energy Corp.

“The alteration within the sandstone column is the most extensive observed in the Thelon basin to date… suggests there’s potential for a significant uranium deposit.” – Rebecca Hunter

Qualified Person Statement: Information reviewed and approved by Rebecca Hunter, P.Geo., CEO of Baselode Energy Corp., qualified under NI 43‑101.