• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Energy Market
Energy News
Energy Stocks
  • Energy Market
  • Energy News
  • Energy Stocks
market news

Fission Uranium: First Two Summer Holes at R1515W Hit Wide Mineralization in Multiple Stacked Lenses and High-Grade Intervals

Melissa Shaw
Jul. 24, 2017 08:30AM PST
Energy Investing

Fission Uranium (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU)(“Fission” or “the Company”) is pleased to announce that its first two Summer drill holes have hit wide mineralization, with high-grades, at the land-based R1515W zone at its’ PLS property, host to the Triple R deposit, in Canada’s Athabasca Basin region. The shallow depth R1515W zone, which was discovered during winter 2017 drilling, is located on-land …

Fission Uranium (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU)(“Fission” or “the Company”) is pleased to announce that its first two Summer drill holes have hit wide mineralization, with high-grades, at the land-based R1515W zone at its’ PLS property, host to the Triple R deposit, in Canada’s Athabasca Basin region.
The shallow depth R1515W zone, which was discovered during winter 2017 drilling, is located on-land along the western strike extension of the Patterson Lake Corridor, west of both the Triple R deposit and the R840W zone. The holes include PLS17-562 (line 1545W), which intersected 85.5m of total composite mineralization, including 3.37m of total composite radioactivity >10,000 cps (with a peak of 27,300 cps).
Drilling Highlights Include:

  • New zone – R1515W – expanded down-dip and laterally to the south. Line 1515W now has mineralization traced over a lateral across-strike width of approximately 45m.
  • Multiple stacked lenses are a similar feature to the R780E zone. PLS17-561 and PLS17-562 have intersected wide mineralization in multiple, parallel, stacked lenses at shallow-depth, some with high-grade intervals. This feature is similar to the R780E Zone – the largest and most significant, high-grade zone of Fission’s Triple R deposit.
  • Hole PLS17-562 (line 1545W):
  • 85.5m total composite mineralization over a 148.5m section (between 104.0m to 252.5m), including
  • 3.37m total composite >10,000 cps
  • Hole PLS17-561 (line 1515W):
  • 49.0m total composite mineralization over a 162.5m section (between 111.0m to 273.5m), including
  • 1.38m total composite >10,000 cps

Click here to read the full text release. 

athabasca basin market news tsx:fcu canada otcqx:fcuuf
The Conversation (0)

Go Deeper

AI Powered
Terra Clean Energy (CSE:TCEC)

Terra Clean Energy

Purepoint Uranium (TSXV:PTU, OTCQB:PTUUF)

Purepoint Uranium

Latest News

SAGA Metals Mobilizes for Drilling at Radar Critical Minerals Project Targeting Completion of Maiden Mineral Resource Estimate

Valeura Energy Inc. Announces Q4 2025 Update and 2026 Guidance

Further Board Changes and Orion Update

Eagle Energy Metals Engages BBA USA Inc. to Help Advance Aurora Toward Pre-Feasibility

CHARBONE Announces a Non-Brokered Private Placement Closing of $3.1M

More News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES