Baselode Energy finds sandstone-hosted uranium at Loki, opening new potential in Thelon Basin

Proactive - Interviews for investors

Baselode Energy Corp. has announced a major exploration breakthrough at its Aberdeen Project in Nunavut, where radioactivity has been discovered in the sandstone just above the unconformity at the Loki target. This marks the first documented instance of sandstone-hosted, unconformity-style uranium mineralization in the northeast Thelon Basin—a geological setting comparable to the prolific Athabasca Basin in Saskatchewan. CEO Rebecca Hunter told Proactive that drilling to date has intersected a broad and intense alteration zone extending more than 600 metres, confirming the presence of a large-scale unconformity uranium system in the region. These results significantly elevate the exploration potential of both the Loki target and the broader Aberdeen project. Geological interpretation also highlights the presence of a sandstone outlier and substantial structural disruption within the Thelon formation at Loki. This indicates meaningful post-Basin fault movement—a critical driver of the hydrothermal systems necessary for uranium deposit formation. Baselode’s 2025 exploration program is designed to aggressively test these targets and deliver additional high-grade uranium discoveries to build critical resource scale. The company noted that results from drilling at the Bjorn, Tarzan, and Lobster targets will be released as they are processed. The broader 4 km by 1 km gravity anomaly hosting prospective alteration zones underscores the scale of opportunity that remains to be unlocked. With this new discovery, Baselode has positioned the Aberdeen project as one of the most promising uranium exploration plays in the Thelon Basin, supporting the growing strategic importance of domestic uranium supply for the clean energy transition. #proactiveinvestors #baselodeenergycorp #tsxv #find #otcqb #bsenf #rebeccahunter #athabascabasin BaselodeEnergy #UraniumExploration #ThelonBasin #AthabascaBasin #NunavutMining #UraniumStocks #NuclearEnergy #ResourceInvesting #DrillResults #MiningNews