5/2/2023 0 Comments Fission uranium denison minesThe Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,000 cps as off-scale. 1.5 m of total off scale radioactivity (>65,000 cps) over a 2.0 m interval (between 262.0 m and 264.0 m)įor context, natural gamma radiation in the drill core that is reported in this news release was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 scintillometer.5.62 m of total composite mineralization >10,000 cps over a 6.3 m interval (between 259.0 m and 265.3 m including.15.0 m total composite mineralization >300 cps over a 15.5 m interval (between 257.0 m to 272.5 m), including.Source: Fission 3.0 Corp NovemPress Release PLN22-035 is a 730 m step-out from a weakly mineralized drillhole, PLN14-019, drilled in 2014. A new uranium discovery has been made in the second drill hole of the fall program. Two diamond drills commenced on the previously undrilled 800 m northwest strike extension of the ~3 km long A1 conductor. The Company announced that it has intersected extremely radioactive and off-scale mineralization in a new uranium discovery occurring as massive pitchblende, pitchblende buttons and veins at the start of its fall drill program on its 100% owned Patterson Lake North (PLN) project in the southwest Athabasca Basin region of Saskatchewan, Canada. McElroy elected to stay with FCU to focus on the development of the Triple R deposit at Patterson Lake South, but remains on Fission 3’s Board of Directors.īut enough about the background, let’s get on to the exciting news that has sparked a lot of interest in Fission 3 this week. Fission Uranium Corp. (TSXV: FCU) was founded by the same team, including uranium expert Ross McElroy, which made the Patterson Lake South high-grade discovery. The Company’s management, headed up by Dev Randhawa as CEO & Chairman, is part of the team that founded Fission Energy Corp., which made the J-Zone high-grade discovery in the Athabasca Basin and built Fission into a TSX Venture 50 Company, which sold the majority of its assets to Denison Mines in April 2013. This is the third generation Fission run by one of Canada’s leading uranium exploration teams that have already had success in the region including an asset sale to a major producer. Several of Fission 3’s projects are near large uranium discoveries, including, Arrow, Triple R and Hurricane deposits. Fission 3 currently has 16 projects in the Athabasca Basin. (TSXV: FUU | OTCQB: FISOF) a uranium project generator and exploration company focusing on projects in the Athabasca Basin, home to some of the world’s largest high grade uranium discoveries. Today we are going to discuss a stock that has tripled in the span of 4 days on 10x the average daily trading volume since announcing a new high-grade uranium discovery at the start of their fall drilling program earlier this week.
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