![]() The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Ross McElroy, P.Geol., President and CEO for Fission Uranium Corp., a qualified person.įission Uranium Corp. The major past producing Cluff Lake Mine (over 62 million pounds of uranium produced) is located on the southern edge of the Carswell Structure in a tectonically complex environment, similar to that interpreted on the West Cluff property and is within 3km of the property. High grade Athabasca Basin related uranium deposits are often associated with EM fault conductors, within hydrothermal altered rock, in a setting similar to the West Cluff property. ![]() ![]() The Carswell Structure is tectonically complex, with a number of ring faults surrounding the margin of the structure and a series of linear faults perpendicular to the ring faults within the basement structure, often expressing themselves as discrete Electromagnetic “EM” conductors. A major geologic tectonic event, possibly related to a meteorite impact, resulted in the basement rock of the Carswell Structure being quickly thrust upwards for several hundred meters through the overlying Athabasca sandstones. The Carswell Impact Structure is a large, circular shaped section measuring ~18km in diameter, comprised primarily of the basement rock that underlies the Athabasca Basin sandstone formations. The highly prospective property covers both the margin and near margin western side of the Carswell Structure, in the Western Athabasca Basin district. Less than 3km west of past producing Cluff Lake mineĪll season access via government-maintained Highway 955 ![]() Large databank of results from prior surveys, ground prospecting and reconnaissance drilling Uranium mineralization encountered during prior exploration West Cluff Project Staking Highlightsġ1,148-hectare property in the re-emerging Western Athabasca Basin uranium district This will confirm the results of the groundwater modelling, and confirm the assumptions made for modelling where pressure grouting has been assumed for groundwater inflow mitigation during development. Each well will test basement rock hydraulic conductivity, followed by an additional hydraulic conductivity test after pressure grouting. The drilling is required to confirm the analysis completed for groundwater modelling for the underground mining plan developed for the Feasibility Study. These holes will cover the hangingwall and footwall areas, and will consist of drilling 2 pumping wells and 3 VWP monitoring wells. Six pits are proposed for the waste rock stockpile area (2 per stockpile), four pits are proposed in the mill area, and ten pits are proposed along the two main site access roads from the permanent camp to the mill area (6 pits) and from the mill area to the mine portal (4 pits) The 20 test pits will gather information on perched water tables and estimating boulder content for earthworks planning. Now that the mill area has specific building locations, as per the FS, further drilling is required for foundation design. The mill area drill holes will be for Basic Engineering Design as previous drill holes were drilled in the general mill area, and data used to assess the suitability of the area for foundations. Now that the waste stockpiles are designed to FS level, based on the estimated waste volumes for PAG, non-PAG and overburden volumes, three additional holes are required within the footprint of each stockpile to confirm stratigraphy, and to update the stability analysis. Previous drill holes for the feasibility study (“FS”) were drilled in the general area of the waste stockpiles to test suitability for waste storage. As we move towards the Environmental Impact Statement, we will also be carrying out a number of work programs, including this new round of geotechnical drilling for the mine and mill facilities.” Drill Program - Further Technical Details Ross McElroy, President and CEO for Fission, commented, ” With the superb results of our feasibility study now in hand, we will continue to develop our PLS uranium project at a strong, steady pace. PLS Project Winter Drill Program Highlightsģ drill holes ( 300m ) at each stockpile locationĤ drill holes ( 300m ) at the mill locationĢ0 test pits for water table data and estimating boulder content for earthworks planningĥ drill holes ( 730m ) on the R780E zone to confirm groundwater modelling
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