Source: Fission 3.0 Corp.
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  • Fission 3.0 Corp. (FUU) has begun a drilling program at its Murphy Lake property in Saskatchewan’s Eastern Athabasca Basin
  • The company intends to drill 6 diamond drill holes totalling approximately 2,400m
  • This is Fission 3.0’s first drill program at its Murphy Lake property
  • Fission 3.0 is a uranium project generator and exploration company
  • Fission 3.0 Corp. opened trading at $0.085 per share

Fission 3.0 Corp. (FUU) has begun a drilling program at its Murphy Lake property in Saskatchewan’s Eastern Athabasca Basin.

The company intends to drill 6 diamond drill holes totalling approximately 2,400m to test a new >1.5km long north-south resistivity low zone in the lower sandstone and basement in the east part of the property that was interpreted from the recently completed DC Resistivity ground geophysics survey.

This is Fission 3.0‘s first drill program at its Murphy Lake property which is located 5km south of IsoEnergy’s high-grade uranium Hurricane Zone and 4.5km east of Cameco’s La Roque Uranium Zone.

IsoEnergy’s Hurricane Zone, which was recently discovered, currently measures 757m long, 75m across and up to 11m thick with intersections up to 33.9 per cent U3O8 discovery of over 8.5m, including 57.1 per cent U3O8 over 5.0m.

Cameco’s La Roque Uranium Zone has drill intersections along a 400m drill defined strike length which have returned up to 27.9 per cent U3O8 over 7.0 m in historic hole Q22-40 along with elevated values of associated pathfinder elements and gold.

The association of the low resistivity feature in the lower sandstone above the one in the basement may indicate an alteration in the lower sandstone, which is known to occur above Athabasca’s unconformity high, grade uranium mineralization.

Extra TDEM ground geophysics will need to be collected next winter from lake ice to define drill targets over the northern parts of the new resistivity low zone.

Fission 3.0 is a uranium project generator and exploration company focusing on projects in the Athabasca Basin, home to some of the world’s most significant high-grade uranium discoveries.

Fission 3.0 Corp. opened trading at $0.085 per share.

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