Baselode Energy Corporation (TSE:FIND) has released an update.
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Baselode Energy Corp. is set to expand their drill program at the Catharsis uranium project to 4,000 meters, covering three new target areas, due to early drilling results showing promising signs of significant uranium deposits. Initial drilling revealed anomalous radioactivity and geological alterations commonly associated with high-grade uranium, prompting the company to upscale their exploration efforts. The expanded program aims to identify near-surface, high-grade uranium deposits, with 12 to 16 drill holes now planned across multiple untested areas.
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