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Hobo Lake



Key Points of Interest

  • Coverage over three uranium mineralized zones, previously identified by Forum Uranium Corp. as Rainbow, BB and North Molly, when they worked the area from 2005-2008. Highlights include 340 ppm U3O8from trenching in the Rainbow Zone.
  • Historical lake sediment samples along this conductor have revealed anomalous uranium concentrations up to 117 ppm uranium.
  • The present exploration target is high-grade basement hosted root zone uranium mineralization associated with an eroded unconformity type uranium deposit.

The Hobo Lake property consists of 10 claims covering an area 15 km long by 15 km wide in a northeast elongate direction, totaling 6,946 hectares. The property is located 80 kilometres south of the southeast edge of the Athabasca Basin, along the transition zone between the Wollaston domain and the Mudjatik domain, host to currently producing world class uranium deposits such as McArthur River and Cigar Lake. The prospective Key Lake Shear Zone and accompanying airborne VTEM conductors trends  through several of the Hobo claims and northeasterly to the past-producing Key Lake deposits at the basin edge. The community of La Ronge, SK is 180 km to the southeast. Hwy 914 (Key lake Road) runs through the centre of the property.  The property was acquired by Fission 3.0 Corp. in October 2014 by staking.

Qualified Person: The technical information in this website has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Ross McElroy, P.Geol., President and COO for Fission 3.0 Corp., a Qualified Person.

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