Following on from this REE Baselode news is a very informative...

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Darren1111

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01/01/22

11:38

Post #: 58595873
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Originally posted by tweetie2000: ↑

Probable cause is this release from Baselode IMO.

Baselode Reports High-Grade Uranium and Rare Earth Element Mineralization at Surface on the Catharsis and Hook Projects

TORONTO, Dec. 30, 2021 /CNW/ - Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to report the surface sample results from the summer prospecting work completed over the Catharsis ("Catharsis") and Hook ("Hook") projects, Athabasca Basin area, northern Saskatchewan.Highlights include (see Table 1):A channel sample at Hook returned high-grade* Uranium and Rare Earth Elements ("REE") with 1.33 wt% U3O8 and 1.84 wt% Total Rare Earth Oxides ("TREO") over 0.4 mFour grab samples from Catharsis returned encouraging REE results with up to 2.14 wt% TREOAll of the samples reported have consistently high concentration of critical REE, including heavy REE enrichment at Hook."The REE-enrichment on the Catharsis and Hook was unexpected but well-received. We're encouraged by these findings as they suggest our projects are exposed to a broader and larger minerals systems, including high-grade uranium and REE exploration potential. REE are considered "critical minerals", or those that are under high demand with scarce source of supply, by Canada, United States of America, Australia and European Union. REE products are highly sought for their unique qualities that have enabled rapid evolution of high-tech equipment and products, including modern solar panels, wind farms, electric vehicles, and cell phones." said James Sykes, CEO, President and Director of Baselode.

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Following on from this REE Baselode news is a very informative video piece from Baselode on REE's.

92E Price at posting: 68.0¢ Sentiment: Buy Disclosure: Held
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