Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Modern PVC Inc MPVC

GREY:MPVC - Post Discussion

Modern PVC Inc > UNO using same techniques that Fission used to achieve 92%
View:
Post by dsel on Aug 31, 2014 10:46pm

UNO using same techniques that Fission used to achieve 92%

https://www.miningmarkets.ca/news/fission-uranium-ceo-talks-pls-athabasca-and-rumours-of-another-takeover/1002544158/?ref=rss&ctid=1002544158

Fission Uranium CEO discusses the PLS discovery



MK: I think you're running at around a 92% success rate on your drill holes at PLS: what exactly has allowed Fission to achieve such a high rate of exploration success?

DR: Well we have a shallow deposit at PLS, and since there are boulders in the area you can fly it with geophysics. The biggest thing, however, is our use of radon gas surveys.

So we use three different technologies to narrow down where we are going to drill. We're flying surveys to identify the conductors, then you turn to resistivity to pinpoint the alteration, and lastly, you use radon gas to find out exactly where to go.

We know all uranium comes from graphitic conductors, but not all graphitic conductors host uranium. So how do you identify these targets? Well, you have to find the alteration rock, and since we conduct our radon gas surveys in winter, the shallow water in Patterson Lake is actually frozen. That way the gas has limited places to go, which helps limit those false anomalies. That's really allowed us to make these discoveries with a lot less drill density then you'd need on the eastern side of the Basin.

Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities