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Fission 3.0 Targets Large, Shallow Geophysics Anomaly at Cree Bay in Athabasca Basin
Fission 3.0 Targets Large, Shallow Geophysics Anomaly at Cree Bay in Athabasca Basin ...
About this update from F3 Uranium Corp
[{"type":"text","content":"\n\n\n\nFission 3.0 Targets Large, Shallow Geophysics Anomaly at Cree Bay in Athabasca Basin\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nKELOWNA, BC, May 23, 2019\n\n\n\nTSX VENTURE SYMBOL: FUU\nFirst pass drill program to focus on 1.2km area of interest along Virgin River Shear Zone in NE Athabasca Basin\n KELOWNA, BC, May 23, 2019 /CNW/ - FISSION 3.0 CORP. (\"Fission 3\" or \"the Company\") is pleased to announce a three-hole (1,225m) drill program at its Cree Bay property, located in the northeast area of Canada's Athabasca Basin.  The program is budgeted at $500,000 and is expected to take 2.5 weeks to complete, commencing during the last week of May. The property is located along the SW-NE trending Virgin River Shear Zone, which is host to the historic past producing Nisto uranium deposit located ~7km along strike to the northeast.  Drilling will focus on the strongest areas of a localized 1.2km geophysics resistivity low anomaly coincident with the Virgin River shear zone conductive trend located in the north east of the property.\n\n \n \n\n \nHigh-grade unconformity uranium occurrences in the Athabasca Basin are often formed where mineralized fluids that have traveled along reactivated basement faults intersect with the overlying sandstone.  Such systems often produce hydrothermal alteration along the fault corridors and these alteration halos can plume upwards into the sandstone.  These alteration features may be detected by DC resistivity geophysics surveys as resistivity lows within a conductive trend, such as the anomaly that the Company's Cree Bay drill program will be targeting. \nNews Highlights\nSummer Program to Commence during the last week of May 2019: Site preparations already underway for three-hole (1,225m) program All Holes to Focus on Large, Prospective Target:  A 1.2km resistivity anomaly was identified by Fission 3 during recent ground geophysics surveys.  Two core holes will test the primary intense part of anomaly on line 2700N and a third hole is p...