Fission Reports Regional Exploration Drill Results for Patterson Lake and Forest Lake Corridors

Fission Uranium (TSX:FCU) announced results from 17 regional exploration holes at its PLS property in the Athabasca Basin, which tested within the Patterson Lake and Forest Lake corridors.
As quoted in the press release:

Twelve holes tested multiple basement conductors within the Patterson Lake corridor and five holes tested conductors within the Forest Lake corridor. Of note, holes PL15-419 and PLS15-425 intersected anomalous radioactivity in the down-hole gamma survey (PLS15-419 with a maximum of 7,965 cps at 153.5m and PLS15-425 with a maximum of 4,168 cps at 100.8m). No radioactivity >300 cps was seen in the core. This disparity is possibly explained due to loss of recovered core. Additionally, two holes encountered anomalous radioactivity in drill core; one hole at Patterson Lake (PLS15-407) and one hole at Forrest Lake (PLS15-433) intersected anomalous radioactivity up to 520 cps and 360 cps respectively.

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

These results include some of the most promising holes seen in our regional exploration program. We have now drilled anomalous radioactivity at both Forest Lake and the Patterson Lake Corridor. Even more exciting, we have encountered promising geological features, often associated with high-grade mineralization on thePLG-1B EM conductor, with two out of three holes intersecting strong anomalous radioactivity in the down-hole gamma survey. Although this radioactivity was not seen in the drill core, possibly due to loss of recovered core in strongly clay altered lithology, these results warrant follow up in the upcoming winter drill program.

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