Fission 3.0 Corp. is pleased to report that the first significant anomalous radioactive mineralization has been discovered in drill hole ML22-006, at its 100%-owned Murphy Lake project in Canada's Athabasca Basin. The drill hole is still in progress at 509 m as up to 2 m wide graphite and sulphide rich brittle faults continue to be encountered. It is the first drill hole of the expanded Murphy Lake summer drill program [...]
Fission 3.0 Corp. is pleased to announce the appointment of Mrs. Nicky Grant to the Fission 3.0 Board of Directors. Nicky has 18 years' experience in Investment Banking. She joined the US Institutional Desk at Goldman Sachs before moving across the 'wall' into the Special Execution Group in Corporate Finance where she specialized in Debt Capital Markets. After being hired to join UBS as part of their Transaction [...]
Fission 3.0 Corp. is pleased to report that the first pass drill program on its 100%-owned Murphy Lake property in northern Saskatchewan, has encountered graphitic and sulphide - rich basement structures with associated hydrothermal alteration in 3 out of 5 holes. The intersection of encouraging basement lithological and structural features in several drill holes confirms the prospectivity of the Murphy Lake conductors [...]
Fission 3.0 Corp. is pleased to report that drilling has commenced at its Murphy Lake property in the Eastern Athabasca Basin in Saskatchewan. Plans are to drill 6 diamond drill holes totaling approximately 2400m 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 [...]
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 LEB22-007 in proximity to an 11.7m-wide basement fault with intense clay and chlorite alteration ~10m further down hole. Drilling is currently [...]
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 [...]