- Baselode Energy Corp. (BSENF, Financial) and Forum Energy Metals Corp. (FDCFF) to begin a joint exploration program at the Aberdeen Project in Nunavut.
- The program will include a 2-drill diamond drilling campaign scheduled to begin in July 2025, targeting 18-25 drill holes totaling up to 7,000 meters.
- The initial focus will be on the Loki and Bjorn target areas, with promising prior results indicating uranium values 30 times background levels.
Baselode Energy Corp. (OTCQB: BSENF) and Forum Energy Metals Corp. (OTCQB: FDCFF) have announced plans to commence their joint exploration program at the Aberdeen Project in Nunavut. The ambitious initiative, beginning in July 2025, will feature a 2-drill diamond drilling campaign.
The program aims to complete 18-25 drill holes, amassing up to 7,000 meters of exploration. Focus will be directed towards 10 high-priority target areas, with primary attention on both sandstone-covered and basement-only targets.
Initial drilling efforts will concentrate on the Loki and Bjorn areas. Notably, the 2024 drilling campaign at Loki reported uranium values 30 times above the natural background, marking these regions as promising exploration sites.
This exploration initiative seeks to underscore the uranium discovery potential of the Aberdeen Project by testing multiple high-prospect targets. Special emphasis will be given to strong gravity anomalies positioned along promising fault trends.
The joint efforts of Baselode and Forum, combining technical expertise and extensive resources, are expected to enhance the uranium discovery potential within the region, thereby contributing significantly to the strategic growth of both companies.