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Fission 3.0 (TSXV:FUU) hits radioactive structure

Energy, Market News
TSXV:FUU
12 December 2022 13:00 (EDT)

Fission 3.0 Corp. (FUU) announced the results of its latest follow-up holes at the A1 Conductor on its Patterson Lake North Property in Saskatchewan.

Two of the three holes reported today intersected meaningful radioactivity. Drilling is now complete at A1 for the year but is scheduled to restart in early January, where a large drill program is being planned.

Raymond Ashley, Fission 3.0’s Vice President of Exploration, commented,

“We are very pleased that the follow-up holes continued to intersect strong radioactivity, and the company has begun to expand on the strong results… These initial drill holes into this new discovery will provide the framework and basis for designing the upcoming winter 2023 drill program to commence in early January.”

Source: Fission 3.0 Corp.

Hole PLN22-040 was a 23-metre step-out hole targeted along strike and grid south from discovery hole PLN22-035 and intersected the notable radioactive structure over 11.50 metres.

Hole PLN22-041 intersected the same radioactive structure up-dip from hole PLN22-038 at a vertical depth of 200 metres.

PLN22-039 was planned to target 15-metre down-dip from the discovery hole PLN22-035. Unfortunately, due to significant drilling deviation, the hole steepened excessively, and the company missed the target.

Fission 3.0 is a uranium project generator, and exploration company focused on projects in the Athabasca Basin.

Fission 3.0 Corp. (FUU) is down 12.50 per cent and is trading at $0.28 per share as of 12:35 p.m. EST.


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