FISSION 3.0 CORP. (TSX VENTURE:FUU) ("Fission 3" or "the Company") and its Joint
Venture (JV) partner, Brades Resource, (TSX VENTURE:BRA), are pleased to
announce the results of a Versatile Time Domain Electromagnetic (VTEM Max)
airborne survey at their Clearwater West property in Saskatchewan's Athabasca
Basin. Several high priority basement hosted conductive anomalies have been
identified, including those with coincident radiometric anomalies identified
from the previously announced airborne radiometric survey (see news release Apr
15, 2014).


Survey Highlights



--  24 discrete conductive target areas located 
--  The most significant anomalies are located on eastern side of the
    property where a total of seven high priority conductive target areas
    have been identified 
--  Five high-priority conductive bedrock target areas have coincidental
    anomalous radiometric associations as identified by Fission 3's patent-
    pending radiometric airborne survey (see news release Apr 15, 2014) 



The survey results will be followed-up by ground geophysics, including
orientation Electromagnetic (EM) and DC-Resistivity surveys in order to
establish drill targets.  


Ross McElroy, COO, and Chief Geologist for Fission 3, commented,

"We're very pleased with these results, particularly because a number of the
highest priority targets are additionally associated with those identified by
the airborne radiometric survey (see news release Apr 15, 2014). Overall, we
consider this new data to be strong confirmation of Clearwater West's
prospectivity and a clear step forward as we work towards developing drill
targets." 


High-grade uranium mineralization in the Athabasca Basin region is generally
controlled by structural and hydrothermal processes, often associated with a
graphitic metapelitic gneiss. These features tend to have distinctive conductive
signatures. A VTEM survey can often be effectively used to identify such
features, discriminating them as electromagnetic (EM) conductors in a conductive
lithostratigraphic package.  


Aeroquest Airborne was contracted by Fission 3 to conduct a property-scale
helicopter-borne VTEM Max airborne survey over the entire Clearwater West
property. This survey is widely considered to be a leading airborne time domain
electromagnetic survey, with a proven capability to identify conductive packages
in bedrock. A total of 620 line-km of survey was flown at 200m line-spacings at
an orientation of 135 degrees. 


VTEM conductor responses from the survey consist of numerous parallel
predominantly NE-SW strike direction trends. A total of 24 conductive target
areas were identified across the property (target areas A to X inclusive).
Target areas on the eastern half of the property appear stronger and shallower
compared to the west, and are considered the highest priority for ground survey
follow-up, leading to generating drill targets. 


On the eastern side of the property, 3 larger grouped areas are evident (Areas
1, 2 and 3 approximately 3 x 4km in size each) which show strong evidence of
NW-SE conductive trends, associated with the NE-SW conductor strike trends.
Within these 3 areas, 7 discrete targets are ranked as high priority, due to
their favorable and strong conductive expression: 




--  Area 1: Targets B, C 
--  Area 2: Targets H, J and K 
--  Area 3: Targets A, G 



Radiometric associations are coincident with six conductive anomalies; B, C, J,
H, A and T. Five conductive anomalies (B, C, J, H and A) are considered high
priority, while T is considered moderate priority. 


Future exploration plans being considered, consist of prospecting and mapping
the radiometric anomalies. In addition ground geophysics surveys being
considered include orientation Electromagnetic (EM) and DC-Resistivity surveys
to help establish drill targets.  


An updated map can be found on the Company's website at
http://fission3corp.com/projects/clearwater_west/maps/.


Summary of the Clearwater West Project

Fission 3's experienced and successful management and technical team, with a
track record of two major high-grade uranium discoveries in the Athabasca Basin
region in the past three years (Waterbury Lake project and the PLS project),
operates and manages Clearwater West. Fission 3 currently holds a 100% interest
in Clearwater West.


Brades has entered into a 3-year option to acquire up to a 50% interest in
Clearwater West by incurring $5,000,000 of staged exploration expenditures on or
before October 14, 2016. Year One minimum exploration requirement is $0.7M.


The Athabasca Basin region hosts the world's richest uranium deposits, with a
well-established and politically stable, uranium exploration and mining sector.
Fission 3 and Brades consider the recent discovery of high-grade uranium in the
southwestern region of the Athabasca Basin to demonstrate the prospective merit
of this under-explored area.


Clearwater West lies adjacent to the south of Fission Uranium's Patterson Lake
South (PLS) property, host to a high-grade, shallow depth uranium discovery
along a 2.24km trend. The best drill hole to date at the PLS discovery includes
intersections as high as 38.49% U3O8 over 10.5m in 13.66% U308 over 38.0m and
27.57% U3O8 over 12.0m in 11.19% U3O8 over 31.5m (PLS14-129; Fission Uranium
Corp. news release dated February 19, 2014). Fission Uranium has recently
completed a 30,000m drill program at PLS.


Clearwater West is an early stage exploration project prospective for hosting
high-grade uranium mineralization. Such mineralization is structurally
controlled and typically associated with basement graphitic shear zones within
clay altered metasedimentary basement lithologies. These features have unique
characteristics that can be identified by various geophysical surveys. The
property covers historic airborne EM anomalies, which could be the extensions of
the EM conductors identified on the PLS property immediately to the north. 


The technical information in this news release has been prepared in accordance
with the Canadian regulatory requirements set out in National Instrument 43-101
and reviewed on behalf of the company by Ross McElroy, P.Geol., Chief Geologist
and COO for Fission 3.0 Corp., a qualified person.


About Fission 3.0 Corp. 

Fission 3.0 Corp. is a Canadian-based resource company specializing in the
strategic acquisition, exploration and development of uranium properties and is
headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX
Venture Exchange under the symbol "FUU". 


ON BEHALF OF THE BOARD

Ross McElroy, COO  

Cautionary Statement: Certain information contained in this press release
constitutes "forward-looking information", within the meaning of Canadian
legislation. Generally, these forward-looking statements can be identified by
the use of forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur", "be achieved" or
"has the potential to". Forward-looking statements contained in this press
release may include statements regarding the future operating or financial
performance of Fission 3.0 Corp. which involve known and unknown risks and
uncertainties which may not prove to be accurate. Actual results and outcomes
may differ materially from what is expressed or forecasted in these
forward-looking statements. Such statements are qualified in their entirety by
the inherent risks and uncertainties surrounding future expectations. Among
those factors which could cause actual results to differ materially are the
following: market conditions and other risk factors listed from time to time in
our reports filed with Canadian securities regulators on SEDAR at www.sedar.com.
The forward-looking statements included in this press release are made as of the
date of this press release and Fission 3 Corp. disclaim any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as expressly
required by applicable securities legislation.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Fission 3.0 Corp.
Rich Matthews
Investor Relations
778-484-8030 or TF: 844-484-8030
rich@fission3corp.com
www.fission3corp.com

F3 Uranium (TSXV:FUU)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more F3 Uranium Charts.
F3 Uranium (TSXV:FUU)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more F3 Uranium Charts.