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    uranium investing

    Fission Uranium Announces New High Grade Zone at Paterson Lake South

    Jocelyn Aspa
    Mar. 20, 2017 08:23AM PST
    Energy Investing
    TSX:FCU

    Fission Uranium (TSX:FCU) has announced that its exploration drilling has resulted in the discovery of a new high grade zone at its Paterson Lake South property in the Athabasca Basin. As quoted in the press release: The zone is located along the western strike extension of the Patterson Lake Corridor, west of both the Triple …

    Fission Uranium (TSX:FCU) has announced that its exploration drilling has resulted in the discovery of a new high grade zone at its Paterson Lake South property in the Athabasca Basin.
    As quoted in the press release:

    The zone is located along the western strike extension of the Patterson Lake Corridor, west of both the Triple R deposit and the R840W zone. The discovery of the new high-grade zone is marked by hole PLS17-539, which has intersected 32.0m of total composite mineralization, including a 31.0m wide continuously mineralized interval including a total composite of 0.77m of radioactivity >10,000 cps (with a peak of 22,300 cps). The hole is located on line 1515W, approximately 510m west of the western-most mineralized hole on the high-grade, near-surface R840W zone.
    Drilling Highlights Include:

    • New zone – R1515W – discovered by regional exploration drilling approximately 510m west of the high-grade, near-surface R840W zone
    • Western Extension includes 180m of strike length of anomalous radioactivity (1485W to 1515W): 3 additional core holes and 4 reverse circulation “RC” holes intersected anomalous radioactivity associated with hydrothermal alteration between lines 1485W and 1665W including hole PLS17-539 (line 1515W):
      • 32.0m total composite mineralization over a 87.5m section (between 134.5m to 222.0m), including
        • 31.0m of continuous mineralization (191.0m to 222.0m), including
          • 0.77m total composite >10,000 cps
    • Expansion of the Athabasca Basin’s largest high-grade mineralized trend to 3.14km: Fission has now extended the PLS high-grade mineralized trend from 2.63km to 3.14km, which is larger in strike length than any other mineralized trend in the region

    Click here to read the full press release.

    athabasca basintsx:fcuuranium investing
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