Energy

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

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