25 June 2025
VANCOUVER, B.C., - Baselode Energy Corp. (“Baselode”) (TSXV: FIND; OTCQB: BSENF) and Forum Energy Metals Corp. (“Forum”, together with Baselode, the “Parties”) (TSXV: FMC; OTCQB: FDCFF) are pleased to announce that we are opening our exploration camp on the Aberdeen Project in Nunavut and plan to initiate a 2-drill diamond drill program in July (Figure 1).
Key Highlights
“We are excited to begin our upcoming drill program on the Aberdeen Project. Our focus this year is to explore the wider project area by testing up to 10 high-priority target areas for additional uranium mineralized zones. Our plan is to showcase the uranium discovery potential of the project area by testing numerous blue-sky targets. Our drill targeting will focus on strong gravity anomalies along prospective fault trends both with and without sandstone cover,” stated Rebecca Hunter, President, CEO and Director of Forum and upcoming Geiger Energy.
James Sykes, President and Chief Executive Officer of Baselode, stated: “We’re excited to be part of this drill program on Aberdeen. Working together with Forum, we believe our combined efforts and ideas will expedite a discovery on Aberdeen. We are encouraged with the technical details of the project as many previous drill holes have highlighted robust hydrothermal fluid alteration systems that are fertile with uranium. The Loki and Bjorn areas that Forum have defined are some of the first areas that we deemed to be very prospective, too.”
Aberdeen Program Details
Up to 7,000 m in 18-25 drill holes is planned at Aberdeen (Figure 2), depending on results. Targets and target criteria are as follows:
The 2025 program is focused on finding additional high-grade discoveries to build scale and enhance the discovery potential in the district. Ground magnetic surveys are planned on 6 to 10 of the target areas to help refine the main fault zones within the drill areas.