See info on Clearwater drill program Saw this on the Fission 3.0- Joint V Canex (Nick Hodges blerb)
Quiet for most of the year, save for its former parent (Fission) taking a 12% stake and selling 50% of its Key Lake asset for $6.9M, Fission 3.0 is getting ready to drill at Clearwater West, a property adjacent to Fission’s Patterson Lake South.
Remember: Fission Uranium’s (TSX: FCU)(OTC: FCUUF) sole 100%-owned asset is Patterson Lake South. Fission 3.0 (TSX-V: FUU)(OTC: FISOF), a separate company, owns a portfolio of 16 uranium land packages comprised of nearly half a million acres in Athabasca and Peru.
As such, with Fission, you’re investing in an established and growing asset. You’re investing in Fission 3.0 for prospectivity and arguably more leverage.
You can see Fission 3.0’s Athabasca holdings, including Clearwater West, in the map on the next page:
News recently was commencement of a $940,000 seven-hole drill program that will follow up on prospecting that was done last fall.
Fission is conducting the drilling, led by Ross McElroy, who is also leading the drilling for Fission at Patterson Lake South.
We don’t know if it’ll hit or not.
But, for example, another company drilling near Patterson Lake South has enjoyed some drilling success over the past year and has gone from $0.30 to as high as $0.89 as a result — though it has fallen back down to $0.65 this month as all commodities stocks have slumped.
Fission 3.0 (TSX-V: FUU)(OTC: FISOF) is an interesting speculation if you’re a uranium bull.
It’s buy-rated below C$0.09/US$0.07. It’s trading there as I write.
Read more at https://www.stockhouse.com/companies/bullboard/v.fuu/fission-3-0-corp#WOIqZieClyhzOHHL.99