Fission 3.0 Corp. and Traction Uranium Corp. are pleased to provide an update of the drilling at the Lazy Edward Bay project in the SE Athabasca Basin region which commenced on May 17, 2022. Drilling on the Horse West conductor has encountered anomalous radioactivity in drill hole LEB22-004 near the sandstone-basement unconformity at 164.6 m associated with a reverse fault. Hole LEB22-004 is the fourth hole to be [...]
Fission 3.0 Corp. is pleased to announce it has received $1.5 million from Traction Uranium Corp. in regards to the Option Agreement with Traction for the Lazy Edward Bay property , comprised of 7 mineral claims covering approximately 11,173 hectares. The drilling/exploration program started on May 17th. The budget for the program is set at $1.5M with plans to drill 8 diamond drill holes totalling approximately 2000 m to [...]
Fission 3.0 Corp. is pleased to announce that mobilization is underway for the summer drilling program at the Lazy Edward Bay property on the east side of the Athabasca Basin region of Saskatchewan. The budget for the program is set at $1.5M with plans to drill 8 diamond drill holes totaling approximately 2000 m to follow up on encouraging historic drilling results with a number of favourable indicators for uranium [...]
Fission 3.0 Corp. is pleased to announce its drilling and geophysics programs for this summer. The Company will be using 2 rigs to drill a total of 27 holes, totaling 10,200m with a total spending of $7.9M on 5 different properties, including the PLN property which is one of the largest in its portfolio of Athabasca Basin projects. PLN is one of the most advanced and highest ranked projects in F3's extensive portfolio by [...]
Fission 3.0 Corp. is pleased to report that drilling and ground geophysics at the Hearty Bay project in the Saskatchewan Athabasca region, in the main up-ice direction from the historic high-grade uranium boulder trains on Isle Brochet, has intersected a hydrothermally clay-altered fault zone in hole HB-22-008 at the SW end of a new conductor. This is encouraging as uranium mineralization in the Athabasca basin is often [...]
Fission 3.0 Corp. today announces that it has received total proceeds of $1,096,125.00 from the exercise of warrants, between Jan. 1, 2022, - March 28, 2022. The warrants were issued pursuant to private placements that closed in September and October 2018 and August 2020. The Aggregate proceeds received from the exercise of the warrants will be used for future exploration work on the Company's projects, corporate [...]
Fission 3.0 Corp. announces the grant of incentive stock options to acquire a total of 4,800,000 common shares of the Company at an exercise price of $0.20 per share, with such options to have vesting terms over a period of three years. The options expire three years from the date to grant. These options were granted to directors, officers and consultants of the Company. About Fission 3.0 Corp. Fission 3.0 Corp. is a [...]
Fission 3.0 Corp. is pleased to announce the commencement of a follow-up ground geophysical time domain electromagnetic survey on its 100%-owned Cree Bay property located in the northeast area of the Athabasca Basin in Saskatchewan. The EM survey is being carried out to move Cree Bay to the drill-ready stage by defining distinct targets for future drilling aimed at discovering high grade uranium. A broad prospective [...]
Fission 3.0 Corp. is pleased to announce drilling on two previously untested targets at its 100% owned PLN project in the SW Athabasca Basin region of Saskatchewan, Canada. Drilling at Broach Lake has encountered encouraging anomalous radioactivity associated with a brecciated fault zone in basement rock in hole PLN22-031. The Broach Lake conductors are located in the south-east region of the property and are situated 9km [...]
Fission 3.0 Corp. is pleased to announce that mobilization is underway for the 4000m seven hole winter drill program on its 100% owned Patterson Lake North "PLN" project in the southwest Athabasca Basin region of Saskatchewan, Canada. Drilling with two diamond drills will focus on the previously untested Broach Lake and N Conductor targets. PLN is one of the most advanced and highest ranked projects in F3's extensive [...]
Fission Uranium 3.0 are pleased to announce they have received 6,046,952 shares, from Traction Uranium Corp. in regards to the JV Agreement with Traction for the two properties located in Saskatchewan's Athabasca Basin region : the Hearty Bay Project, comprised of 7 mineral claims covering approximately 11,173 ha, and the Lazy Edward Project, comprised of 11 mineral claims covering approximately 1,828 hectares . The [...]
Fission 3.0 Corp. today announces that it has received total proceeds of approx. $690,500 from the exercise of stock options and warrants between November 5, 2021 to December 22, 2021. The warrants were issued pursuant to private placements that closed in September and October 2018 and August 2020. Accordingly, the Company has issued a total of 5,276,667 shares of common shares since its last update of November 5, 2021 [...]