IWA Comments:
“We have had significant interest for Oil and Gas names as gas is around $6 and oil is at $75 and we are heading into winter and Europe is already having issues with rotating power blackouts.
The real solution to world energy is Uranium. Period.
He who seeks the truth about these matters will discover that it is contrary to current opinion, and therefore he will have to discover it by himself and for himself.
Buy Uranium Stocks. Buy the Juniors. Buy Fission 3.0 Corp. ”
Here is a recent article by Stockhouse that is well done:
How this company won over the Athabasca Basin’s Murphy Lake Property
Savvy uranium investors are undoubtedly familiar with the prolific Athabasca Basin located in Northern Saskatchewan, where the region plays host to some of the greatest high grade uranium deposits in the world.
Fission Uranium, along with Cameco Corporation, Denison Mines and NexGen Energy operate in the space, while juniors such as IsoEnergy Ltd. and Fission 3.0 Corp. (TSX-V.FUU, OTC: FISOF, Forum) also have strong presences in the Athabasca Basin.
Fission 3.0, a Kelowna, BC-based company exploring the Athabasca Basin, has a wide range of properties in the region with extremely high potential and has one of the most successful uranium exploration teams in history.
This is the same technical team that discovered Fission Uranium’s shallow and high-grade Triple-R deposit and Waterbury discovery, also in the Athabasca Basin. Fission 3.0 has flown many of its properties in the Athabasca Basin using the same innovative airborne spectrometer technology that was used to find the uranium boulders that led to the discovery of the Triple R deposit. (Note that all the F3.0 properties had been staked before the airborne surveys were flown.) The high-resolution airborne technology enables the team to rapidly conduct detailed radiometric prospecting over large areas for radioactive boulders and outcrops.
Within the Athabasca Basin, the companies neighbour each other — notably IsoEnergy’s Hurricane deposit and Fission 3.0’s Murphy Lake Property. Both companies initially sought out the Murphy Lake Property, but Fission 3.0 was the first to sweep in and claim it.
With that in mind, IsoEnergy announced on September 21 that it had expanded the Hurricane zone, which was first discovered in July 2018 and is high-grade uranium mineralization located on its 100 percent owned Larocque East property in the Eastern Athabasca Basin of Saskatchewan.
In a press release, Tim Gabruch, president and CEO of IsoEnergy, said that his team had been able to successfully transition the company’s summer drilling program from Geiger to Laroque East.
“The objective of this program is to expand the known area of mineralization at Hurricane and in parallel explore for additional zones of mineralization to the east. These early results at Hurricane are very positive in terms of expanding the Hurricane zone, with subsequent drilling to incorporate further step outs to the north, south and east,” he added.
IsoEnergy’s news also means good news for Fission 3.0’s Murphy Lake Property.
In terms of Fission 3.0’s Murphy Lake Property, the company has a strategic block of claims five kilometers south of IsoEnergy’s Hurricane Zone, totaling 609 hectares on the eastern edge of the Athabasca Basin. The discovery of ISOEnergy’s Hurricane Zone has upgraded the exploration potential of the area.
Although Fission 3.0 has a plethora of properties — 14 in total, with four key ones it has identified moving forward — the Murphy Lake Project remains one the company is incredibly bullish on, which is why IsoEnergy’s news is also important to Fission 3.0.
Historic drilling at the east end of the E-W trending conductor on the property intersected bleaching in the basal sandstone, intense clay alteration at the top of the basement and geochemically anomalous graphitic basement. At present Fission 3.0 is moving towards exploration work at the Murphy Lake property to look for the eastern extension of the prospective conductor and the potential for it to fold around and connect with the stronger N-S trending conductor on the east side of the property. This ground geophysical work seeks to define potential zones of increased alteration and structural complexity along these conductors which will become targets for drill testing.
Thanks to the company’s prime location in the Athabasca Basin and its prolific neighbours, investors are catching Fission 3.0 fever already. Year-to-date, shares of the company have increased nearly 60 per cent. As the company moves towards continuing the advancement of its properties, and its focus on the Murphy Lake Property, Fission 3.0 will have a plethora of news in the coming months — putting it in good company with its friends in the top uranium mining jurisdiction in the world.
FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.
See full article here: How this company won over the Athabasca Basin’s Murphy Lake Property
IWA is a shareholder of Fission 3.0 Corp
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