NE Athabasca Basin
Key Points of Interest
- This property covers a curvilinear EM conductor that is a splay to the east off of a regional conductive trend that is host to the La Rocque Uranium Zone, 4.5 km to the west, where intersections along a 400 m drill defined strike length have returned up to 18.6% uranium over 2.7 m, along with high values of associated base metals and gold.
- Previous ground geophysical moving loop electromagnetic surveys outlined two conductive units, the main conductor interpreted as a good quality basement feature and the secondary conductor to the north as a poorer quality basement feature. Surveys did not definitively close off the main conductor to the east where Fission 3.0 holds more ground.
- Historic drilling by Areva (formerly Cogema) and Cameco along the main conductor trend within the Property intersected a graphitic and sulphide-rich basement conductive unit, with assays up to 199 ppm uranium at 350 m depth, just above the unconformity. The second conductor to the north has not been drill tested.