Uranium

Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) reported results from the first 14 drill holes from its Patterson Lake South summer drill program. Notably, all 14 holes returned wide mineralization, with seven angled holes and three vertical holes returning substantial intervals of off-scale (>10,000 cps) radioacticity.

Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) reported results from the first 14 drill holes from its Patterson Lake South summer drill program. Notably, all 14 holes returned wide mineralization, with seven angled holes and three vertical holes returning substantial intervals of off-scale (>10,000 cps) radioacticity.

As quoted in the press release:

Holes PLS14-224 (870E) and PLS14-230 (915E) have intersected mineralization further to the north than previously known. In the case of PLS14-224, mineralization was intersected in a parallel, previously unknown metapelitic gneissic unit (244.0m to 248.0m), located approximately 45m grid north of the main mineralized horizon and included 0.1m of 12,000 cps within the 4.0m interval. Results from PLS14-230 also push the mineralization boundary further grid north of the currently defined boundary, by approximately 50m. These encouraging results expanding mineralization to the north and identifying parallel mineralized metapelitic gneissic units, underpin the growth potential of the R780E zone in every directions. Further holes are required to follow-up these significant successes.

Fission President and COO, Ross McElroy, said:

Fourteen holes, fourteen hits. We have wide mineralization in every drill hole, high-grade intervals in ten of the holes and a new mineralized area to the North of the R780E zone’s eastern section. The summer drill program is progressing extremely well as we continue to rapidly expand the PLS discovery prior to a 43-101 resource estimate at the end of the year.

Click here to read the Fission Uranium Corp. (TSXV:FCU) press release

MARKETS

Markets
TSX18861.36-217.28
TSXV617.26-9.08
DOW31097.26+321.83
S&P 5003825.33+39.95
NASD11127.85+99.11
ASX6539.90-28.20

COMMODITIES

Commodities
Gold1809.91-0.13
Silver19.89+0.03
Copper3.61-0.10
Palladium1965.07+9.98
Platinum891.26+2.98
Oil108.46+2.70
Heating Oil3.96+0.13
Natural Gas5.620.00

DOWNLOAD FREE REPORTS

×