Comparing Triple R, Nexgen, and ISO's First Drill Holes Fission 3.0's drill hole at PLN is very signifcant compared to the first holes of Triple R, Nexgen and ISO. They will need to do more drilling to determine size and if it will become a future deposit..
The three major discoveries in the past year (prior to PLN) and their discovery holes are:
- 2012 – Fission Energy Corp (now FCU) – Triple R
- Hole PLS12-022
- Radioactivity: 1800 - >9999 cps)
- Assayed: 8.5m @ 1.07% U3O8
- 2014 – NexGen Energy - Arrow
- RK14-21
- Radioactivity: poorly detailed, but mentioned >500 cps
- Assayed: 5.75m @ 0.37% U3O8
- 2018 – ISO Energy - Hurricane
- LE18-01A
- Radioactivity: 8.5m >500 cps
- Assayed: 8.5m @ 1.2% U3O8
Note that for all 3 deposits, what was the “Discovery Hole” paled in comparison to what was later delineated as a deposit. At Triple R, it wasn’t until the 2013 drilling found the R780E zone that the real potential of the deposit was realized.
PLN Discovery Hole with 15m of >300 cps and 5.6m of >10,000 cps is far superior to all the other Discovery Holes. So if that hole will pale to what is yet to be delineated, that would be massively positive.