Fission Releases Additional Assays From PLS, Expands R600W, R780E and R1620 Zones

Fission Uranium (TSX:FCU) announced drill core assays from 10 more angled holes from the summer drill program at its PLS property. Two holes were drilled on the R600W, six on the R780E zone and two at 1620E, with the most notable coming from hole PLS15-416, which opened up the eastern side of the R780E as a new high-grade area and intersected the strongest high-grade mineralization on line 1125E.
As quoted in the press release:

Of key importance, the shallowR600W zone, for which a resource estimate has not yet been determined and thus was not included in the recent preliminary economic assessment “PEA” technical report, has once again returned very strong, high-grade intervals. Of additional importance, hole PLS15-416 intersected the strongest high-grade mineralization on line 1125E – opening up the eastern side of the R780E as a new high-grade area. These results have the potential to further improve the economics of the Triple R.

Highlights:

• Another two holes at R600W zone with robust, high-grade intervals
• Strongest high-grade mineralization on line 1125E – opening up the east side of the Triple R deposit’s R780E zone as a new high-grade areas as it expands towards the R1620E zone
• Further mineralization confirmed on R1620E zone

Assay Highlights Include:

R600W

• PLS15-408 (line 675W) key interval:
• 24.5m@ 3.67% U₃O₈ (124.5m to 149.0m), including: 5.0m@ 11.10% U₃O₈ (136.5m to 141.5m); 1.5m@ 18.40% U₃O₈ (147.0m to 148.5m)

R780E

• PLS15-416 (line 1125E) key interval: 6.0m@ 9.02% U₃O₈ (234.0m to 240.0m)

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

These results add still more strength to the R600W zone, which speaks to its excellent potential for not only adding pounds to the resource but importantly meaningful pounds that may enhance and improve the already-strong economic features at PLS, as identified in our PEA study. Furthermore, we have seen the strongest high grades on line 1125E on the R780E zone. This is important because it suggests the high-grade potential of the R780E to the east. It’s worth noting in relation to this, that we have drilled high-grade mineralization on the R1620E zone a further 495m to the east along trend.

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