The same team also founded Fission Energy, making the J-Zone discovery at Waterbury Lake in the eastern Athabasca Basin, and built Fission into a TSX Venture 50 Company. as Vice President Exploration, is the team that founded Fission Uranium in 2012 and made the Triple R discovery at Patterson Lake. The Company’s management headed up by Dev Randhawa as CEO & Chairman and Raymond Ashley P.Geo. This new discovery is located 25 km northwest of the Patterson Lake area, host to Fission Uranium’s Triple R and NexGen’s Arrow world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. A large drill program is currently being planned for winter 2023 aiming to expand the new zone. Discovery hole PLN22-035 intersected extremely radioactive and off-scale (>65,535 CPS) pitchblende mineralization. Uranium assay results from the discovery hole returned one continuous 15.0 m interval averaging 6.97% U3O8 including a high-grade 5.5 m interval averaging 18.6% U3O8, which further includes an ultra-high grade core which assayed 59.2% U3O8 over 1.0 m. Three follow up holes intersected up to 63,400 cps and expanded the high-grade mineralization both up-dip and 23 m along strike, grid south. F3 Uranium currently has 16 projects in the Athabasca Basin.ĭuring the fall 2022 exploration drill program, F3 Uranium made a new uranium discovery at the A1 conductor on its 100%-owned Patterson Lake North (‘PLN’) property. is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world’s largest high grade uranium discoveries.
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