The Fission 3.0 Corp. $0.5 million, summer exploration program will focus on the Llama mineralized trend which had returned numerous high-grade assays. The 1,200 meter drill contract will consist of 12 holes of HQ diameter core drilling. The program follows compilation of mapping and prospecting work, conducted by Fission 3 award-winning technical team, and will focus on an anomalous mineralized 8 km NE-oriented corridor containing numerous anomalous uranium in outcrop trenches (chips and channel samples) values assaying about 2% U3O8 including a maximum of 24.48% U3O8. This same corridor includes two shallow-depth, resource-defined and heap leachable uranium deposits on the Plateau Uranium Inc. property ... Corachapi Complex and Corani Complex, both of which are also host to substantial lithium mineralization.
Within the area, the stratigraphy is dominated by the sub-horizontal Pliocene Quenamari Formation, which is mainly composed of ignimbrite layers. Uranium anomalies occur on plateaus that are composed of the Upper Yapamayo Member of the Quenamari Formation. Sampling to date has shown that the most significant uranium anomalies appear to be restricted to this assemblage. Mineralization within the area is dominated by very high-grade Autinite veins along enriched fault planes, with lesser disseminated mineralization. The significant fault planes can vary from up to 2 m thick, while multiple, enriched fault planes occur in shear zones up to 150 m across.
Mapping and prospecting has not only discovered numerous uranium in bedrock anomalies on the Llama trend, with peaks assaying as high as 24.48% U3O8, it has validated the model that the same mineralized trend that hosts shallow-depth uranium and lithium resources on adjacent projects appears to be present on our claims. Their Macusani Project represents an important project with high-grade uranium mineralization and excellent drill ready targets in a highly prospective new uranium district in Peru.