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    market news

    Fission Hits 7.51% U3O8 over 7.5m in 1.89% U3O8 over 51.0m; Grows Two Zones

    Melissa Shaw
    Apr. 24, 2017 09:15AM PST
    Energy Investing

    Assays confirm growth at R840W and R1620E Zones on the Athabasca Basin’s largest lateral trend Fission Uranium Corp. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) (“Fission” or “the Company”) is pleased to announce assays from 16 holes in the R840W and R1620E zones, with results confirming new high grade mineralization at both zones. Neither of these two, large, shallow zones are …

    Assays confirm growth at R840W and R1620E Zones on the Athabasca Basin’s largest lateral trend
    Fission Uranium Corp. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) (“Fission” or “the Company”) is pleased to announce assays from 16 holes in the R840W and R1620E zones, with results confirming new high grade mineralization at both zones. Neither of these two, large, shallow zones are currently included in the Triple R resource estimate at its PLS property, in Canada’s Athabasca Basin region.
    The drill holes are from R840W zone (6 holes) and R1620E zone (10 holes) and include hole PLS17-517 on zone R840W (line 765W) with 7.5m @ 7.31% U3O8 within a larger interval of 51.0m @ 1.89% U3O8. All sixteen holes were variably mineralized, with six holes intersecting high-grade mineralized sections grading >1% U3O8. The wide, high-grade mineralization encountered at both zones, highlights the strength of 3.17km mineralized trend at PLS – the largest in the Athabasca Basin region – and highlights the potential of these zones.
    Ross McElroy, President, COO, and chief geologist for Fission, commented:

    “These shallow, high-grade and widely mineralized holes on the R840W and R1620E zones confirm strong growth in both zones, which has been one of our two core goals for the winter program. These zones have the potential to be included in a future resource estimate of the Triple R deposit.”

    Click here to read more. 

    athabasca basinmarket newstsx:fcucanadafission uranium corpotcqx:fcuuf
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