For thousands of other reports visit RSC's Mineral Intellingence Map
Fission 3.0 Corp.
Summary
| Project: | Macusani | |
|---|---|---|
| Deposit: | Macusani | |
| Location: | Peru | |
| Commodities: | Uranium | |
| Date: | 10/17/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-10-2016: Fission 3.0 Corp. announces an Exploration/Drilling Update report for its Macusani deposit at the Macusani project. Drilling results incl. 0.5m @ 7400cps at Llama South. Fission 3.0 Corp. (“Fission 3”) is pleased to announce results from the f | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ross McElroy (Internal) | |
| ABSTRACT: | Fission 3.0 Corp. (“Fission 3”) is pleased to announce results from the final ten holes of its first-pass drill program at its Macusani property in Southeastern Peru, including MAC16- 016, which intersected 8.0m of total composite mineralization with a peak of 7,400 cps within approximately 14.5m from surface. Seven of the ten holes intersected anomalous radioactivity at shallow depth. Six of the mineralized holes were located on the Llama North prospects and one at the Llama South prospect at Macusani, where surface outcrops returned anomalies up to 2.5% Uranium. Ross McElroy, President, COO, and Chief Geologist for Fission, commented “We are very pleased with these results. Second phase drilling has intercepted the strongest and widest mineralization to date at Macusani, with hole MAC16- 016 returning a peak of 7,400 cps on the Llama South prospect. In total, we encountered mineralization in eleven out of sixteen holes at very shallow depth and confirmed both the Llama South and Llama North prospects as key areas for follow up. With multiple uranium and lithium resources identified in adjacent properties, the presence of high-grade uranium outcrops at our prospect areas and now the completion of a very successful drill program, Macusani is rapidly becoming a key project for Fission 3.0.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report