The resistivity low is a geophysical feature interpreted to possibly represent hydrothermal alteration. The N Conductor is defined by multiple parallel basement EM conductors, and the overlying low resistivity zone in the lower part of the Athabasca sandstone. PLN22-029: Drill hole PLN22-029 was an exploration hole drilled testing the deep N Conductor complex 22km north of Broach Lake in the northern part of the property. Hole PLN22-031 was terminated at 620m and the drill has since moved to test the same conductor closer to the unconformity and further along strike (hole PLN22-032) where it intersects a coinciding NE trending resistivity low feature.
A large 30m-wide graphitic mylonitic fault zone with ductile shearing was intersected 150m deeper in the hole. It was the first hole testing the new conductor defined by ground EM geophysical surveys conducted earlier this winter (NR Jan 10, 2022). PLN22-031: Anomalous radioactivity with a maximum of 510cps radioactivity measured with the hand held RS-125 scintillometer on drill core at 373.6m to 373.9m corresponded to a 0.6m interval with radioactivity in the down hole gamma survey with an average of 1499cps and a peak of 2383cps. All three holes at Broach Lake (PLN22-028, 030B and 031) intersected variable intervals of strong chlorite, clay, and silica alteration as well as bleaching and intense hematite alteration. PLN22-028 and PLN22-030B: Visible dravite, a boron-rich clay mineral and often found in the proximity of uranium mineralization, was observed in multiple narrow basement hosted fractures in the first two holes at Broach Lake (PLN22-028 and 030B), approximately 20m below the unconformity at a depth 280m. The technical team is encouraged by the results of the Broach Lake so far." These are important features in nearby deposits such as Fission Uranium's Triple R and NexGen Energy's Arrow deposits. Geo, VP Exploration for Fission 3.0, commented, "Encountering the right structural setting, graphitic mylonitic shear zones, dravite clay and anomalous radioactivity on our 1 st pass of drilling at Broach Lake, very much elevates the potential for uranium mineralization at this target area. The combination of anomalous radioactivity within a fault zone, and association of dravite clay and large graphitic mylonites is very encouraging as these are hallmark features often associated with high-grade mineralization in the Athabasca Basin. Dravite is a boron-rich clay mineral, often found in association with uranium mineralization and is considered an important pathfinder mineral in uranium exploration. The first two holes at Broach Lake (PLN22-028 and 030B) encountered visible dravite. Also very encouraging is a major 30m wide graphitic mylonitic fault zone encountered a further 150m down-hole. The anomalous results are associated with a narrow brecciated fault zone.
Hole PLN22-031 is the third drill hole to be completed at Broach Lake this winter and intersected anomalous radioactivity in basement rocks between 371.6 - 371.9m, with a maximum of 510cps radioactivity, measured with a hand held RS-125 scintillometer, and a peak of 2,383 cps with the down-hole gamma survey. The winter drill program is ongoing, and two holes remain to be drilled at Broach Lake. The 6-hole winter 2022 drill program at PLN is designed to assess by drilling 2 previously untested target areas: Five holes on the Broach Lake conductors and one hole on the N Conductors in the northern part of the property. The Broach Lake conductors are located in the south-east region of the property and are situated 9km to the north, adjacent and parallel to EM conductors of the Patterson Lake Structural Corridor, host to Fission Uranium's Triple R deposit and NexGen's Arrow Deposit. Drilling at Broach Lake has encountered encouraging anomalous radioactivity associated with a brecciated fault zone in basement rock in hole PLN22-031. March 2, 2022) - FISSION 3.0 CORP (TSXV: FUU) (OTCQB: FISOF) (" Fission 3" or "the Company") 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. Kelowna, British Columbia-(Newsfile Corp.
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