Projects

NE Athabasca Basin

Murphy Lake

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.
  • The Murphy Lake Property comprises 8 claims, within two claim blocks, totaling 609 hectares located within the eastern edge of the Athabasca Basin, Saskatchewan. Fission 3.0 holds 100% ownership of the property. All of the claims were acquired by staking in December 2017.

Qualified Person: The technical information in this website has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Ross McElroy, P.Geol., COO and Chief Geologist for Fission 3.0 Corp., a Qualified Person.



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