Fission 3.0 Reports Drill Results from Clearwater West Property

Fission 3.0 Corp. (TSXV:FUU) and its joint venture partner Canex Energy Corp. (TSXV:CSC), announced the results from the first three drill holes at its Clearwater West property in the Athabasca Basin.
As quoted in the press release:

Results from the first 3 holes encountered features characteristic of fertile systems that have the potential to host high-grade uranium mineralization, including graphitic metapelitic basement lithology, structural disruptions and indications of localized hydrothermal alteration system: Of note, holeCWW15-003 intersected 4 discrete narrow intervals (2.5m total composite) of anomalous radioactivity with a maximum peak of 410 cps over 0.5m at 194.5m – 195.0m (which corresponds to a peak value of 2,333 cps over 0.1m) from the down-hole gamma probe survey) between the depths of 109.5m and 195.0m.

Drill result highlights:

• Anomalous radioactivity intersected by hole CWW15-003
• Near-surface alteration confirmed in hole CWW15-002
• Significant ~9m wide fault zone intersected in CWW15-001
• Drill results confirm geological features which makes the area highly prospective for hosting high-grade mineralization

Ross McElroy, COO, and chief geologist for Fission 3.0, commented:

This is an exciting start to the drill program because results confirm highly prospective geology and even anomalous radioactivity (CWW15-003). This has significantly increased our confidence in the potential of the Clearwater West project. The three holes were drill-testing geophysical targets of the Far East conductive corridor near the Clearwater West/PLS border, close to the area in which Fission Uranium intersected near-surface anomalous radioactivity in a down-hole gamma radiometric bore-hole survey (PLS14-255 with 2532 cps at 63.76m – 64.71m; Fission news release dated August 11, 2014) on its PLS property. Results are indicative of a fertile mineralized system and although we are still at an early stage in exploration, this sets the stage for the next round of results.

Click here to read the full Fission 3.0 Corp. (TSXV:FUU) press release.