- Fission 3.0 Corp (FUU) has received uranium assay results from the discovery hole PLN22-035 at Patterson Lake North (PLN) in Saskatchewan
- The company’s large 39,946 hectares 100 per cent owned Patterson Lake North property (PLN) is located within the south-western edge of the Athabasca Basin
- The analysis returned one continuous 15.0 m interval averaging 6.97% U3O8, including a high-grade 5.5 m interval averaging 18.6% U3O8
- Fission 3.0 is a uranium project generator and exploration company focused on 16 projects in Saskatchewan’s Athabasca Basin
- Fission 3.0 Corp. (FUU) opened trading at C$0.27
Fission 3.0 Corp (FUU) has received uranium assay results from the discovery hole PLN22-035 at Patterson Lake North (PLN) in Saskatchewan.
The analysis returned one continuous 15.0 m interval averaging 6.97% U3O8, including a high-grade 5.5 m interval averaging 18.6% U3O8, which further includes an ultra-high-grade core which assayed 59.2% over 1.0 m.
PLN22-035 was the first of three mineralized holes completed on line 00N, in addition to a fourth mineralized hole on line 015S.
Assay results from the remaining drill holes of the fall 2022 program will be released in early 2023 as they become available and finalized.
Raymond Ashley, Vice President of Exploration, commented on the results.
“These initial high-grade assays from the discovery hole PLN22-035 confirm impressive uranium mineralization at the A1 Zone we discovered during our recently completed fall drill program. We are excited to build on these results as we plan for our fully funded upcoming 20-hole drill program.”
Drilling highlights of discovery hole:
PLN22-035 (line 00N): mineralized intervals:
- 15.0 m @ 6.97% U3O8 (257.5 m to 272.5 m), including:
- 5.5 m @ 18.6% U3O8 (260.0 m to 265.5 m), further including:
- 1.0 m @ 59.2% U3O8 (263.0 m to 264.0 m)
One-half of the split sample is sent to SRC Geoanalytical Laboratories in Saskatoon, while the other half remains on site for reference. The analysis includes a 63-element suite, including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS. All depth measurements reported are down-hole and true thickness is yet to be determined, but the company estimates the true thickness of the reported intervals in this news release to be close to the width of the reported intervals.
The company’s large 39,946 hectares 100 per cent owned Patterson Lake North property (PLN) is located within the south-western edge of the Athabasca Basin in proximity to Fission Uranium’s Triple R and NexGen Energy’s Arrow high-grade uranium deposits, which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property, and the new A1 uranium discovery is located 23km northwest of Fission Uranium’s Triple R deposit.
Fission 3.0 is a uranium project generator and exploration company focused on 16 projects in Saskatchewan’s Athabasca Basin.
Fission 3.0 Corp. (FUU) opened trading at C$0.27.