The work consists of 22 line-km of DC Resistivity and four line-km of Time Domain electromagnetic (TDEM) surveying.įission 3.0 has received proceeds of $690,500 from warrants recently exercised. Ground Geophysics has commenced at Broach Lake to refine the targets for the upcoming drilling in the new year. Previous drill programs at PLN have identified basement hosted uranium mineralization supported by the presence of alteration, pathfinder structural disturbance supporting large-scale potential of the area.ĭrilling in winter 2022 with two diamond drill rigs will focus on the prospective and previously untested Broach Lake and N Conductor Targets.
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Located in the same area as where Fission Uranium Corp and NexGen Energy are advancing their world-class, large, high-grade uranium deposits PLN is amongst the highest ranked projects in Fission 3's extensive portfolio. In addition ground geophysical surveys consisting of DC Resistivity and Time Domain electromagnetic surveys, designed to refine drill targeting, have commenced at the Broach Lake area. December 22, 2021) - FISSION 3.0 CORP (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to announce that on-site lake-ice preparation is underway to support a 4000-meter drill program on its 100% owned flagship Patterson Lake North "PLN" project in Canada. Kelowna, British Columbia-(Newsfile Corp. The technical team is encouraged by the results of the Broach Lake so far."įission 3.0 Commences Geophysics on Flagship Property PLN These are important features in nearby deposits such as Fission Uranium's Triple R and NexGen Energy's Arrow deposits. Geo, VP Exploration for Fission 3.0, commented, "Encountering the right structural setting, graphitic mylonitic shear zones, dravite clay and anomalous radioactivity on our 1st pass of drilling at Broach Lake, very much elevates the potential for uranium mineralization at this target area. The combination of anomalous radioactivity within a fault zone, and association of dravite clay and large graphitic mylonites is very encouraging as these are hallmark features often associated with high-grade mineralization in the Athabasca Basin. Dravite is a boron-rich clay mineral, often found in association with uranium mineralization and is considered an important pathfinder mineral in uranium exploration. The first two holes at Broach Lake (PLN22-028 and 030B) encountered visible dravite. Also very encouraging is a major 30m wide graphitic mylonitic fault zone encountered a further 150m down-hole. The anomalous results are associated with a narrow brecciated fault zone. Hole PLN22-031 is the third drill hole to be completed at Broach Lake this winter and intersected anomalous radioactivity in basement rocks between 371.6 - 371.9m, with a maximum of 510cps radioactivity, measured with a hand held RS-125 scintillometer, and a peak of 2,383 cps with the down-hole gamma survey.
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The winter drill program is ongoing, and two holes remain to be drilled at Broach Lake. The 6-hole winter 2022 drill program at PLN is designed to assess by drilling 2 previously untested target areas: Five holes on the Broach Lake conductors and one hole on the N Conductors in the northern part of the property. The Broach Lake conductors are located in the south-east region of the property and are situated 9km to the north, adjacent and parallel to EM conductors of the Patterson Lake Structural Corridor, host to Fission Uranium's Triple R deposit and NexGen's Arrow Deposit. Drilling at Broach Lake has encountered encouraging anomalous radioactivity associated with a brecciated fault zone in basement rock in hole PLN22-031. March 2, 2022) - FISSION 3.0 CORP (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to announce drilling on two previously untested targets at its 100% owned PLN project in the SW Athabasca Basin region of Saskatchewan, Canada.
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Jetzt sind auch die gestrigen Kursgewinne von bis zu Plus 20 % zu verstehen:įission 3.0 Drilling Intersects Anomalous Radioactivity in Previously Untested Broach Lake Target at PLN