Fission Reports More Assay Results from PLS Property

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Fission Uranium (TSX:FCU) announced assays from four angled holes drilled on the R600W zone, eight from the R780E zone and two from the 1620E zone at its PLS property. The company reported that 13 of the 14 drill holes were mineralized.

Fission Uranium (TSX:FCU) announced assays from four angled holes drilled on the R600W zone, eight from the R780E zone and two from the 1620E zone at its PLS property. The company reported that  13 of the 14 drill holes were mineralized.
As quoted in the press release:

Of particular note is hole PLS15-402 (line 555E), which returned high-grade, shallow depth mineralization including intervals of 28.35% U3O8Over 1.0M and 21.53% U3O8Over 4.5M within a larger interval of 10.91% U3O8over 12.50m. Thirteen of the fourteen holes were mineralized.

Highlights:

R600W

  • PLS15-389 (line 600W) key interval:
  • 27.0m@ 2.92% U3O8(99.0m to 126.0m), including:
  • 10.50m@ 6.44% U3O8(108.0m to 118.5m)

R780E

  • PLS15-402 (line 555E) key interval:
  • 12.5m@ 10.91% U3O8 (120.0m to 132.5m), including:
  • 4.50m@ 21.53% U3O8(120.5m to 125.0m)
  • 1.0m@ 28.35% U3O8(128.5m to 129.5m)
  • 1.0m@ 10.02% U3O8(131.5m to 132.5m)

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

These assays represent excellent progress for the Triple R deposit and the high-grade mineralized zones on either side of it, particularly the R600W, which has expanded in size and strength again and again. It’s worth remembering that none of the R600W 2015 drill results were included in the recently-released PEA, so strong results like this may have an impact on the future economics of the Triple R deposit and PLS as a whole.

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

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