Fission Uranium(TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) (“Fission” or “the Company”) is pleased to announce that two additional high-grade holes have grown the recently discovered R1515W shallow depth, high-grade land-based zone at its PLS property, host to the Triple R deposit, in Canada’s Athabasca Basin region. Of particular note is hole PLS17-557 (line 1530W), which encountered 47.0m total composite mineralization, including 5.29m of total composite >10,000 cps, making this the strongest hole to date at 1515W. Holes PLS17-557 (line 1530W) and PLS17-560 (line 1545W) have expanded the strike length of R1515W to 30m. In turn, the strike length of the mineralized trend at PLS has now grown to 3.17km. In addition, exploration drilling has identified new areas of interest within the Forest Lake and Patterson Lake corridors.
Drill Results Highlights:
- R1515W – two additional mineralized holes, including strongest hole to date on this zone (discovered via regional drilling earlier in the winter program)
- Zone expanded to 30m strike length with 15m step-outs to the west on line 1530W and on line 1545W
- PLS17-557 (line 1530W) returned
- 47.0m total composite mineralization over a 125.0m section (between 107.0m to 232.0m), including:
- 27.5m continuous mineralization (189.0m to 216.5m), including:
- 5.29m of total composite >10,000 cps
- PLS17-560 (line 1545W) returned
- 58.5m total composite mineralization over a 108.5m section (between 137.0m to 245.5m, including:
- 1.57m of total composite >10,000 cps
- Patterson Lake Mineralized trend now expanded to 3.17km
- New areas of interest discovered on Forest Lake Corridor and Patterson Lake Corridor
President, COO and chief geologist for Fission, Ross McElroy, commented:
We are very pleased with the results of our regional exploration drilling. These final regional holes have not only expanded the newly-discovered high-grade, shallow-depth R1515W zone with our strongest hole to date on that zone, they have also extended our mineralized trend strike length at PLS to 3.17km. Other regional holes have identified further areas of interest at PLS, which will be targeted for follow up in future programs.