Fifteen new mineralized holes across three high-grade, shallow-depth zones
Fission Uranium Corp. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) (“Fission” or “the company”) is pleased to report that it has narrowed the gap between R780E and R1620E zones and expanded the internal footprint of R840W and R1620E zones at its’ PLS property, host to the Triple R deposit, in Canada’s Athabasca Basin region. Results of the final fifteen holes of its 2017 winter program include seven holes on the R840W zone, five on the R1620E zone and three testing the gap between the R780E and R1620E zones. All holes on the R840W and the R1620E zones were mineralized. Drilling in the gap between the R780E and R1620E zones successfully expanded the R780E an additional 60m to the east and reduced the gap separating the two zones to 210m. The winter 2017 drill program at PLS is now complete with 57 holes in 17,602m.
Drill Results Highlights
- Expanding the internal mineralized footprint of the R840W and R1620E Zones for potential inclusion in the future resource estimate
- R840W – all seven holes mineralized with total composite mineralization up to 49.0m (PLS17-545) with three of the holes containing high-grade (>10,000 cps) radioactivity
- R1620E – all five mineralized with total composite mineralization up to 29.5m (PLS17-528) with two of the holes containing high grade (>10,000 cps) radioactivity
Narrowing the gap between zones: PLS17-536 drilled on line 1245E intersected 43.5m total composite mineralization over a 127.0m section (170.0m to 297.0m) with peaks up to 4700 cps, thus narrowing the gap between R780E and R1620E to 210m and increasing the strike-length of the R780E by 60m to the east
Ross McElroy, president, COO, and chief geologist for Fission, commented:
The winter 2017 program has been a great success for both of our core goals. Our recently-announced regional exploration holes delivered a new high-grade, shallow-depth zone and our zone growth drilling has further strengthened the large, high-grade R840W and R1620E zones for potential inclusion in the future resource estimate. Additionally, the gap separating the R780E and R1620E zones has narrowed, by extending the strike length of the R780E zone by 60m to the east.