Fission Announces the Completion of 2015 Winter Drill Program at PLS Property

Fission Uranium Corp. (TSX:FCU) announced assay results for four holes drilled at the R00E zone and five at the R780E zone as well as 24 exploration holes at its PLS property, completing the 2015 winter drill program with a total of 88 holes and a total depth of 28,296 meters.

As quoted in the press release:

Of particular note are four step out holes in the eastern region of the R780E zone (line 1020E, 1050E and 1080E), which have grown the vertical up-dip extent of the zone up to 60m (PLS15-337 on line 1080E). Within the mineralized intervals, the holes also returned significant high-grade composite results, such as 3.71 percent U3O8 over 4 meters in 1.60 percent U3O8 over 10.5 meters (hole PLS15-341).

The regional exploration results comprise 20 holes drilled at Forest Lake and four drilled at Patterson Lake. Of note, four of the holes at Forrest Lake intersected anomalous radioactivity on three discrete basement electromagnetic (EM) conductors. These holes include PLS15-314 on the PLG-54A EM Conductor, which intersected up to 600cps over 1.5 meters. The area has been prioritized for follow up drilling.

Highlights include:

• Expanded R780E Zone of Triple R Deposit up to 60 meters vertically up-dip (PLS15-337 on line 1080E) in the eastern region of the R780E zone
• PLS15-341 (line 1050E) key interval: 10.5 meters (144.0m to 154.5m) at 1.60 percent U3O8, including 4 meters (144.5m to 148.5m) at 3.71 percent U3O8
• PLS15-337 (line 1080E) key interval: 4 meters (162.5m to 166.5m) at 5.40 percent U3O8, including 1.5 meters (163.0m to 164.5m) at 14.07 percent U3O8
• Four holes at Forrest Lake have intersected anomalous radioactivity over narrow intervals on three discrete EM Conductors, including PLS15-310 – 1.5 meters with peak of 400 cps (178.0m – 179.5m)

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

The winter 2015 program has delivered notable and meaningful growth in the R780E and R600W zones and opened up numerous new areas for us to focus on future programs. As today’s assays confirm, we are continuing to see strong growth in the Triple R deposit footprint, particularly in the R780E zone. The large, high-grade step-outs near the R600W zone were obvious major highlights of our exploration drilling and we are also very encouraged by today’s results from Forest Lake approximately 7km south-east of the Triple R deposit. With anomalous radioactivity intersected on three different EM conductors, Forest Lake has been confirmed as a highly prospective area and will be prioritized for follow up drilling.

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