Fission Stakes Six New Claims at South Boundary of PLS Property

Company News

Fission Energy Corp. (TSXV:FIS,OTCQX:FSSIF) and 50% joint venture partner ESO Uranium Corp., announce that six new claims totalling ~ 8,170 hectares (20,200 acres) have been staked along the south boundary of the PLS Property.

Fission Energy Corp. (TSXV:FIS,OTCQX:FSSIF) and 50% joint venture partner ESO Uranium Corp., announce that six new claims totalling ~ 8,170 hectares (20,200 acres) have been staked along the south boundary of the PLS Property.

As quoted in the press release:

The six new claims were staked to cover possible south trending extensions of the large 5 km X 0.9 km wide high grade uranium boulder field discovered by the JV in June, 2011 (see news release dated July 27th 2011). The geological setting compares favourably with the PLS boulder field discovery area, and exhibits potential for shallow, basement hosted uranium deposits. In addition, the new claims envelop the southwest extensions of several historical basement conductors, including the Derkson Conductor Corridor, where previous exploration was conducted in the 1970s by the Saskatchewan Mining & Development Corporation (now Cameco). This area will be evaluated for uranium mineralization that may extend to the southwest from the extensive western front of the uranium boulder field.

Click here to read the Fission Energy Corp. (TSXV:FIS) press release


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