Fission Reports Final Assays from Summer Exploration Program at PLS

- November 25th, 2015

Fission Uranium (TSX:FCU) announced assay results from the final 17 angled holes of the 2015 summer exploration program at its PLS property. Thirteen holes were drilled on the R600W zone and four on the R780W zone.

Fission Uranium (TSX:FCU) announced assay results from the final 17 angled holes of the 2015 summer exploration program at its PLS property. Thirteen holes were drilled on the R600W zone and four on the R780W zone.
As quoted in the press release:

Of key importance, theR600W zone, for which a resource estimate has yet to be determined and thus was not included in the recent preliminary economic assessment “PEA” technical report, has returned very strong, high-grade intervals, including hole PLS15-439 (line 615W), which intersected very-high-grade sections such as 26.03% U3O8 Over 6.0M in 11.02% U3O8 Over 25.5M.
Sixteen of the seventeen holes were mineralized. These results comprise the final assays from the resource expansion summer drilling program and preparations are underway for a fully-funded 11,000m winter drilling program budgeted at approximately $7M, with details to follow shortly.

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

This final set of summer assays from the resource expansion drilling is a very strong finish to the program and once again highlights the significance of the shallow, high-grade R600W zone, which remains open in all directions. Further growth of this zone will be a core focus for the 2016 winter program and it’s also worth bearing in mind that regional drilling 470m north of R600W intercepted anomalous radioactivity in the downhole gamma probe. A resource estimate for the R600W zone has yet to be conducted and every successful winter hole has the potential to add substantial lbs to a future resource estimate and potentially impact the already robust preliminary economic assessment of the Triple R deposit.

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

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