The Conversation (0)
Fission Energy (CVE:FIS) & ESO Uranium(CVE:ESO), JV partner have announce further results from its 2011 summer uranium boulder prospecting and geophysical survey programs.
The press release is quoted as saying:
Of the 74 boulder samples and mineralized soils samples submitted for fire assay, 9 samples returned anomalous gold values ranging from 0.101 g/t gold to 2.43 g/t gold. The presence of gold is significant as it correlates with those uranium deposits found within the western part of the Athabasca Basin, most notably from the 90 million lb. Shea Creek and former producing Cluff Lake Mine to the north of the Patterson Lake South Property. The Joint Venture is encouraged by this correlation with other significant deposits in the region as it evaluates the potential for discovering high grade uranium occurrences associated with recent boulder discovery that yielded values as high as 39.6% U308 (see press release dated July 27, 2011).
Click here to access the entire news release.
