TORONTO, May 25, 2021 /CNW/ - Baselode Energy Corp. (TSXV:
FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is
pleased to present its latest webinar 'Catharsis and
Gravity'. This webinar details the exploration potential
of the Company's 100% owned Catharsis uranium project
("Catharsis") and highlights:
- Results and interpretations from the recently completed gravity
and magnetic survey,
- Interpretations of the favourable geological environment of
Catharsis which indicates potential deposit-scale uranium
mineralization,
- Our methodology for targeting drill holes,
- How Catharsis fits into Baselode's Athabasca 2.0 exploration model.
VIEW BASELODE'S WEBINAR:
PART 4 – CATHARSIS AND GRAVITY
Permitting and Community Engagement for Catharsis
The
Company has received exploration permits from the Saskatechewan
Ministry of Environment for the ground prospecting, mapping and
sampling work, effective on June
10th. The Company remains actively engaged
with positive dialogue to identify exploration timelines and
parameters with Indigenous communities who have traditional lands
in the Catharsis area.
About Baselode Energy Corp.
Baselode currently
controls 100% of approximately 171,000 hectares for exploration in
the Athabasca Basin area, northern
Saskatchewan, Canada. The land
package is free of any option agreements or underlying
royalties.
Baselode's Athabasca 2.0
exploration model is focused on discovering near-surface,
basement-hosted, high-grade uranium orebodies outside of the
Athabasca Basin. The exploration
thesis is further complemented by the Company's preferred use of
innovative and well-understood geophysical methods to map deep
structural controls to identify shallow targets for
diamond-drilling.
QP Statement
The technical information contained in
this news release has been reviewed and approved by Cameron MacKay, P.Geo., Projects Manager for
Baselode Energy Corp., who is considered to be a Qualified
Person as defined in "National Instrument 43-101, Standards of
Disclosure for Mineral Projects."
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the TSX Venture Exchange
policies) accepts responsibility for the adequacy or accuracy of this
release.
Certain information in this press release may contain
forward-looking statements. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. Baselode Energy Corp. assumes no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to Baselode Energy Corp. Additional information
identifying risks and uncertainties is contained in the Company's
filings with Canadian securities regulators, which filings are
available under Baselode Energy Corp. profile at www.sedar.com.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in
the United States. The securities
have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold within
the United States or to, or for
the account or benefit of, U.S. Persons unless registered under the
U.S. Securities Act and applicable state securities laws, unless an
exemption from such registration is available.
SOURCE Baselode Energy Corp.
