The three new properties, with shallow-depth target potential, have been acquired part of Fission’s aim to stake highly prospective areas where the target depth of uranium mineralization is expected to be shallow, as is the case with Fission Uranium’s PLS property.
Fission COO and chief geologist Ross McElroy said, "There remain many underexplored areas of the Athabasca Basin. These new claims represent highly prospective additions to our growing portfolio of high quality and shallow target depth properties."
Located approximately 20km north of the Athabasca Basin, Perron Lake has four contiguous claims totaling 20,826.05ha.
The Cree Bay has two contiguous claims totaling 9,168.634ha, within the NE area of the Athabasca Basin and is is located approximately 3km south of the north margin of the Athabasca Basin.
Grey Island has a single claim of 4,354.724ha within the South East area of the Athabasca Basin and is located within 10km of the south margin of the Athabasca Basin, where the depth to unconformity averages ~270m.
With the acquisition, Fission 3.0 has nine properties in and around the Athabasca Basin and a property in the Macusani uranium district of south-central Peru.
