A1B

F3 Drills 2.0m of 20.6% U3O8 Within 7.56% over 5.5m at JR Zone and Encounters Strongly Anomalous Boron in Sandstone at A1B

Retrieved on: 
Monday, November 27, 2023
A1B, A1, Boron, Uranium, FUU, Tourmaline, Radioactive decay, Uranium mining

At the A1B area, drill hole PLN23-093 encountered a 2.0m interval averaging 5,557 ppm Boron in highly altered Athabasca Sandstone, approximately 17m from the unconformity along the A1B shear.

Key Points: 
  • At the A1B area, drill hole PLN23-093 encountered a 2.0m interval averaging 5,557 ppm Boron in highly altered Athabasca Sandstone, approximately 17m from the unconformity along the A1B shear.
  • Boron values over 5,000 ppm, associated with dravite veining and breccias, have previously only been intersected on the property within Athabasca Sandstone immediately above the JR Zone, 3.5 km away.
  • Going forward we will refer to the A1B shear zone as B1 to differentiate it more clearly from the A1 shear zone, as a separate structure."
  • 2.0m @ 20.6% U3O8 (232.0 m to 234.0m), further including:
    2.0m @ 5,557 ppm boron (354.5m to 356.5m) in sandstone, including
    24.5m @ 25 ppm uranium (602.0m to 626.5m) in basement, including

Drilling at JR Zone Continues Focusing on Up Dip and Down Dip

Retrieved on: 
Wednesday, October 25, 2023
A1, A1B, Christmas, PLN, Athabasca Basin, FUU, Road, Uranium mining

A second diamond drill that is focused on exploration drilling to the south of the JR Zone along the A1B conductor continues to intersect encouraging signs for potential proximal mineralization.

Key Points: 
  • A second diamond drill that is focused on exploration drilling to the south of the JR Zone along the A1B conductor continues to intersect encouraging signs for potential proximal mineralization.
  • The current extended fall drill program is anticipated to continue until December when there is anticipated to be a break over the Christmas season before drilling is set to resume in the new year.
  • "The JR Zone, which is the most exciting recent discovery in the Athabasca Basin, is located at the north end of the conductive corridor which contains the A1 and parallel and offset A1B conductors.
  • Many of the uranium deposits in the Athabasca Basin occur as individual and separate mineralized zones along a linear conductive geological fault structure, so called pearls on a string.

Drilling Continues at JR Zone While Ground Geophysics Commences on A1B

Retrieved on: 
Tuesday, October 24, 2023
A1, 3D, A1B, Radioactive decay, TSV, PLN, NR, FUU, SE, 2D, Rare-earth element, Uranium mining

Mobilization has commenced for a 3D ground resistivity survey to obtain a signature over the JR Zone and to develop targets for drilling in 2024 over the A1B conductor, ~3km south of the JR Zone, and the newly defined southeastern 1.3km extension to the conductive corridor.

Key Points: 
  • Mobilization has commenced for a 3D ground resistivity survey to obtain a signature over the JR Zone and to develop targets for drilling in 2024 over the A1B conductor, ~3km south of the JR Zone, and the newly defined southeastern 1.3km extension to the conductive corridor.
  • "Drilling continues at the JR Zone filling in up and down dip on section lines where the mineralization remains open.
  • A second drill is also continuing to focus on exploration drilling to the south of the JR Zone along the A1B conductor where encouraging signs for potential proximal mineralization are being encountered.
  • We are excited that the ground 3D resistivity survey is about to commence to provide a signature over the JR Zone and to help define targets for the aggressive drilling programs coming in 2024 that will allow us to home in on the next mineralized zone along the newly extended A1 and A1B conductive corridor.

Fission 3.0 to Test Further 7.5M of 1450 CPS at PLN

Retrieved on: 
Monday, October 18, 2021
CPS, A1B, Zinc, Triple, Association, Season, A1, Boron, Nickel, TDEM, Athabasca, Acquisition, Time domain, PLN, Uranium, PLS, A4, Fission Uranium Corp., TSX Venture Exchange, Company, CORP, NexGen, Copper, EM, Indian stock exchange, FUU, Feasibility study, Element, Areva, Chimney, Soil, News, SE, Radioactive decay, Time domain electromagnetics, Anomaly, Arrow, NW, Scintillometer, National instrument, Fission, Lithium, Printed circuit board

On September 29,2021 the Fission 3 announced a fully marketed private placement (the "Offering") for gross proceeds of C$8,000,026.

Key Points: 
  • On September 29,2021 the Fission 3 announced a fully marketed private placement (the "Offering") for gross proceeds of C$8,000,026.
  • It is located just inside and in the south-west area of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow large high-grade deposits.
  • PLN was acquired by Fission 3.0 Corp. as a result of the Fission Uranium/Alpha Minerals agreement in December 2013.
  • It is one of the most advanced and highest ranked properties in Fission 3.0's extensive portfolio.