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Fission Exploration Holes Hit Wide, High Grade Mineralization 2.34km Apart

Vivien Diniz
Apr. 18, 2016 09:45AM PST
Company News

FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU)(“Fission” or “the Company“) is pleased to announce it has hit new high grade mineralization at four zones (R840W, R600W, R780E and R1620E) at its PLS property, host to the Triple R deposit, in Canada’s Athabasca Basin region. According to the news: The assay results include hole PLS16-460 on zone R1620E (line …

FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU)(“Fission” or “the Company“) is pleased to announce it has hit new high grade mineralization at four zones (R840W, R600W, R780E and R1620E) at its PLS property, host to the Triple R deposit, in Canada’s Athabasca Basin region.
According to the news:

The assay results include hole PLS16-460 on zone R1620E (line 1500E) with 5.0m @ 10.95% U3O8 and 3.0m @ 7.56% U3O8within a larger interval of 40.0m @ 2.64% U3O8. The wide, high-grade mineralization encountered by this hole, located 385m east of the Triple R and as well as hole PLS16-465, located 135m west of the Triple R, highlights the rapidly-increasing exploration potential of PLS. In total, Fission has assay results from ten holes: two holes drilled on the newly-discovered R840W zone, one drilled on the R600W zone, two on the R780E zone and five on the rapidly-growing R1620E zone.

Ross McElroy, President, COO, and Chief Geologist for Fission, commented:

These results show it’s still very early days here at PLS. Fission’s exploration drilling has delivered high-grade, near-surface assays 2.34km apart on a 2.58km mineralized trend that is already the largest footprint in the Athabasca Basin region. In other words, exploration growth has been strong this winter and we have a number of exciting exploration targets on our hit list for this summer. The latest results highlight how we have driven the trend west towards the huge high-grade boulder field, and east towards the border with our neighbours and they reaffirm what we’ve been saying for some time – we have barely scratched the surface of PLS’ potential.

Click here to view the full press release. 

fission-uranium-corp athabasca-basin canada tsx-fcu otcqx-fcuuf
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