Fintech

Fission 3.0 Hits 59.2% U308 over 1.0m within 6.97% U308 over 15.0m at the PLN A1 Discovery

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Kelowna, British Columbia–(Newsfile Corp. – December 22, 2022) – Fission 3.0 Corp (TSV: FUU) (OTCQB: FISOF)(“Fission 3” or “the Company“) is pleased to announce it has received uranium assay results from the discovery hole PLN22-035 at Patterson Lake North (“PLN”) where off-scale radioactivity was previously reported (see Press Release Nov 21, 2022). The rushed analysis returned one continuous 15.0 m interval averaging 6.97% U3O8 including a high-grade 5.5 m interval averaging 18.6% U3O8, which further includes an ultra-high-grade core which assayed 59.2% over 1.0 m. PLN22-035 was the first of three mineralized holes completed on line 00N, in addition to a fourth mineralized hole on line 015S.

Assay results from the remaining drill holes of the fall 2022 program will be released early 2023 as they become available and finalized.

Raymond Ashley, Vice President Exploration, commented

“These initial high-grade assays from the discovery hole PLN22-035 confirm impressive uranium mineralization at the A1 Zone we discovered during our recently completed fall drill program. We are excited to build on these results as we plan for our fully funded upcoming 20 hole drill program.”

Drilling Highlights of Discovery Hole:

PLN22-035 (line 00N): mineralized intervals

  • 15.0 m @ 6.97% U3O8 (257.5 m to 272.5 m), including:
  • 5.5 m @ 18.6% U3O8 (260.0 m to 265.5 m), further including:
  • 1.0 m @ 59.2% U3O8 (263.0 m to 264.0 m)

Table 1: Assay Results

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/149229

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