Fission Uranium Prepares for 60-Hole Summer Drill Program to Target R600W at PLS

Resource Investing News
TSX:FCU

Fission Uranium Corp. (TSX:FCU) announced that site preparation is underway for a 60-hole, 20,000 meter summer drill program at its PLS property in the Athabasca Basin. Drilling it expected to commence in the first week of July.

Fission Uranium Corp. (TSX:FCU) announced that site preparation is underway for a 60-hole, 20,000 meter summer drill program at its PLS property in the Athabasca Basin. Drilling it expected to commence in the first week of July.

As quoted in the press release:

The program will follow up on the hugely successful winter program, which discovered near-surface, high-grades at R600W, greatly expanded the Triple R deposit’s footprint and high-grade area and also identified multiple prospective regional targets. Radon surveys, which were instrumental in the early success of the Triple R and R600W exploration, will be used in conjunction with gravity surveys to prioritize regional targets.

Focus points of drill program:

  • R600W Expansion: 20 holes (~33% of the drill budget) will aggressively target the near-surface, high-grade R600W zone – discovered over half a kilometer west of the Triple R deposit
  • R780E Expansion: 15 holes (~25% of the drill budget) are aimed at expanding the high-grade domain of the Triple R deposit’s R780E zone as well as extending mineralization along strike to the east
  • R1620E Expansion: 5 holes (~8% of the drill budget) will target the expansion of the R1620E zone, including testing for the potential to connect the zone to the Triple R deposit’s R780E zone
  • Regional Exploration: 20 holes (~33% of the drill budget) will test a series of high priority regional targets elsewhere on the property. Ground gravity geophysics and radon will assist in drill targeting. It is important to note that the R600W zone, along with several key areas of what is now the Triple R deposit, were first drill tested due to radon anomalies coinciding with geophysics EM and resistivity anomaly features.
  • Survey Activity between Triple R Deposit and Boulder Field: A radon survey will focus on the area along the main PL3-B conductor between R00E zone all the way west to the Boulder field, to help prioritize targets along this extremely prospective trend that hosts the Triple R deposit and R600W zone.

Ross McElroy, president, COO and chief geologist for Fission, commented:

The extremely shallow nature of the mineralization at PLS means we can drill a particularly large number of holes. This is unusual in the Athabasca Basin region as deposits are typically far deeper. This advantage allows us to aggressively pursue four distinct goals at the same time: building on the incredible winter success at the high-grade, near-surface R600W zone, further expansion of the enormous high-grade Triple R deposit, growing the R1620 goal at the eastern end of our 2.27km trend and following up on a series of key regional targets that have shown very similar geology to R600W.

Click here to read the full Fission Uranium Corp. (TSX:FCU) press release.

The Conversation (0)
×