Baselode Energy Corp. announced that it will increase the ongoing drill program on the Catharsis uranium project to 4,000 metres. Early drilling has shown encouraging signs that warrant the additional investment.

"Our first drill hole of this program intersected anomalous radioactivity within a structural corridor at a favourable lithologic contact. These are important similarities with other uranium deposits. Subsequent drill holes followed the radioactivity up-dip and intersected quartz-hematite oxidized fluid systems with redox-style and clay alteration characteristics reminiscent of high-grade uranium deposits.

The company will continue drilling the target area down-dip of the radioactivity, and along strike from it. The Program has been upgraded to target 12 to 16 drill holes for 4,000 metres ("m") within 6 to 8 different untested target areas. Drill hole CT24-009 was completed down to 305.0 m depth, having intersected anomalous radioactivity, 666 counts-per-second (" cps") over 0.7 m, including a maximum of 1,305 cps over 0.1 m, at 275.4 m depth within a structural corridor at a favorable lithological contact.

The radioactivity was never recovered in drill core due to significant core loss however the radioactivity was identified by the downhole gamma probe. Drill holes CT24-010 and CT24-011 were completed down to 218.25 m and 198.0 m depth, respectively. Both drill holes intersected encouraging clay, quartz, and hematite redox-style alterations associated with cohesive brittle structures up-dip of the radio activity in CT24-009.

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.