mineralization

Fission Resource Expansion Program Hits Wide Mineralization in all 20 Holes

 
 

   All Holes Intersect Multiple Stacked Intervals;
 
   13 Holes Hit High Grade Mineralization   

 

  TSX SYMBOL: FCU
  OTCQX SYMBOL:   FCUUF
   FRANKFURT SYMBOL: 2FU  

 

FISSION URANIUM CORP. (" Fission " or " the Company ") is pleased to announce results from the first of its 2021 drill programs on the R780E zone of the high-grade Triple R deposit at its' PLS project, in the Athabasca Basin region of Saskatchewan, Canada . Twenty holes were completed in 7,147.8m including 1 hole restarted due to excessive deviation. All twenty holes hit wide mineralization in multiple stacked intervals, with thirteen intercepting significant intervals of >10,000 cps radioactivity. The goal of the winter program was to upgrade key sections of the Triple R deposit's R780E zone to "indicated" category by increasing drill hole density where the resource is largely classified as Inferred. These recently completed holes have the potential to increase the Indicated category resource which may positively impact the planned feasibility study. The holes include PLS21-606 (line 900E), which intersected 118.0m of total composite mineralization, including 1.35m of total composite radioactivity >10,000 cps (with a peak of 23,400 cps) and PLS21-597 (line 900E) with 92.0m total composite mineralization, including 4.80m total >10,000 cps (with a peak of 51,400 cps) .

 

 

  Fission Uranium Corp. Logo (CNW Group/Fission Uranium Corp.) 

 
 

  Ross McElroy , CEO for Fission, commented, " This is the first of our 2021 drill programs and I'm very pleased to report that we have met, and in numerous instances exceeded, our expectations on width and strength of mineralization in all 20 holes. We continue to make strong progress towards feasibility, and these results will be instrumental in delivering a key part of our deposit growth strategy."  

 

  Drilling Highlights  

 
  •   20 Holes Hit Significant Mineralization over wide Intervals. 21 holes were drilled ( 7,147.8m ) including 20 holes completed ( 7,046.8m ) with 1 abandoned and redrilled due to deviation from target.
  •  
  •   Triple R Deposit Resource Drilling . Drilling successfully targeted an important mainly "inferred" categorized area of the eastern R780E zone between lines 900E and 1125E, using step out and infill drilling to achieve spacing of ~15m x 20m (horizontal / vertical), with the aim of conversion from Inferred to Indicated.
  •  
  •   Hole PLS21-597 (line 900E)  
  •  
    •    92.0m   total composite mineralization over a 214m interval (between 117.0m to 331.0m ), including
    •  
      •    4.8m   of total composite mineralization >10,000 cps  
      •  
  •   Hole PLS21-605 (line 930E)  
  •  
    •    110.0m   total composite mineralization over a 272.5m interval (between 105.5m to 378.0m ), including
    •  
      •    4.15m   of total composite mineralization >10,000 cps  
      •  
  •   Hole PLS21-595 (line 1050E)  
  •  
    •    46.0m   total composite mineralization over a 73.5m interval (between 264.0m to 337.5m ), including
    •  
      •    4.75m   of total composite mineralization >10,000 cps  
      •  

  Table 1: Drill Hole Summary  

 
 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
 

   Hole ID   

 
 

   Zone   

 
 

   Collar   

 
 

   Hand-held Scintillometer Results On Mineralized Drillcore (>300 cps / >0.5M minimum)   

 
 

   Lake Depth (m)   

 
 

   Sandstone From -
To (m)
 
 

 
 

   Basement Unconformity
Depth (m)
 
 

 
 

   Total Drillhole
Depth (m)
 
 

 
 

   Grid Line   

 
 

   Az   

 
 

   Dip   

 
 

   From
(m)
 
 

 
 

   To
(m)
 
 

 
 

   Width
(m)
 
 

 
 

   CPS Peak
Range
 
 

 
 

  PLS21-592  

 
 

  R780E  

 
 

  1125E  

 
 

  334  

 
 

  -66  

 
 

  Hole Abandoned Due to Excessive Deviation  

 
 

  8.3  

 
 

  NA  

 
 

  69.3  

 
 

  101.0  

 
 

  PLS21-592A  

 
 

  R780E  

 
 

  1125E  

 
 

  335  

 
 

  -67.1  

 
 

  190.5  

 
 

  192.0  

 
 

  1.5  

 
 

  

 
 

  8.3  

 
 

  NA  

 
 

  71.3  

 
 

  287.0  

 
 
 
 
 
 
 

  197.0  

 
 

  203.5  

 
 

  6.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  207.0  

 
 

  209.0  

 
 

  2.0  

 
 

  330 - 840  

 
 
 
 
 
 
 
 
 
 
 

  214.5  

 
 

  216.0  

 
 

  1.5  

 
 

  610 - 740  

 
 
 
 
 
 
 
 
 
 
 

  220.0  

 
 

  251.5  

 
 

  31.5  

 
 

  320 - 27300  

 
 
 
 
 
 
 
 
 
 
 

  286.5  

 
 

  287.0  

 
 

  0.5  

 
 

  330  

 
 
 
 
 
 

  PLS21-593  

 
 

  R780E  

 
 

  1050E  

 
 

  335  

 
 

  -67.4  

 
 

  229.0  

 
 

  243.0  

 
 

  14.0  

 
 

  

 
 

  8.2  

 
 

  NA  

 
 

  74.6  

 
 

  356.0  

 
 
 
 
 
 
 

  245.5  

 
 

  246.0  

 
 

  0.5  

 
 

  320  

 
 
 
 
 
 
 
 
 
 
 

  249.0  

 
 

  251.0  

 
 

  2.0  

 
 

  680 - 1200  

 
 
 
 
 
 
 
 
 
 
 

  263.5  

 
 

  265.0  

 
 

  1.5  

 
 

  770 - 3400  

 
 
 
 
 
 
 
 
 
 
 

  268.5  

 
 

  274.0  

 
 

  5.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  278.0  

 
 

  282.5  

 
 

  4.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  293.5  

 
 

  298.5  

 
 

  5.0  

 
 

  420 - 12200  

 
 
 
 
 
 
 
 
 
 
 

  299.5  

 
 

  302.0  

 
 

  2.5  

 
 

  420 - 1100  

 
 
 
 
 
 
 
 
 
 
 

  303.5  

 
 

  305.5  

 
 

  2.0  

 
 

  510 - 610  

 
 
 
 
 
 
 
 
 
 
 

  307.0  

 
 

  307.5  

 
 

  0.5  

 
 

  400  

 
 
 
 
 
 
 
 
 
 
 

  343.5  

 
 

  344.0  

 
 

  0.5  

 
 

  530  

 
 
 
 
 
 

  PLS21-594  

 
 

  R780E  

 
 

  1095E  

 
 

  337  

 
 

  -70.0  

 
 

  151.0  

 
 

  153.0  

 
 

  2.0  

 
 

  310 - 480  

 
 

  8.2  

 
 

  NA  

 
 

  68.5  

 
 

  281.0  

 
 
 
 
 
 
 

  155.0  

 
 

  156.0  

 
 

  1.0  

 
 

  950 - 2000  

 
 
 
 
 
 
 
 
 
 
 

  158.5  

 
 

  159.5  

 
 

  1.0  

 
 

  330 - 440  

 
 
 
 
 
 
 
 
 
 
 

  160.0  

 
 

  162.0  

 
 

  2.0  

 
 

  340 - 1050  

 
 
 
 
 
 
 
 
 
 
 

  164.0  

 
 

  165.5  

 
 

  1.5  

 
 

  330 - 1200  

 
 
 
 
 
 
 
 
 
 
 

  181.0  

 
 

  181.5  

 
 

  0.5  

 
 

  340  

 
 
 
 
 
 
 
 
 
 
 

  182.0  

 
 

  183.0  

 
 

  1.0  

 
 

  300 - 360  

 
 
 
 
 
 
 
 
 
 
 

  191.5  

 
 

  192.0  

 
 

  0.5  

 
 

  300  

 
 
 
 
 
 
 
 
 
 
 

  196.0  

 
 

  199.0  

 
 

  3.0  

 
 

  680 - 14400  

 
 
 
 
 
 
 
 
 
 
 

  202.0  

 
 

  204.0  

 
 

  2.0  

 
 

  360 - 1300  

 
 
 
 
 
 
 
 
 
 
 

  205.0  

 
 

  206.5  

 
 

  1.5  

 
 

  430 - 610  

 
 
 
 
 
 
 
 
 
 
 

  213.5  

 
 

  216.0  

 
 

  2.5  

 
 

  400 - 1900  

 
 
 
 
 
 
 
 
 
 
 

  216.5  

 
 

  217.0  

 
 

  0.5  

 
 

  460  

 
 
 
 
 
 
 
 
 
 
 

  266.5  

 
 

  267.5  

 
 

  1.0  

 
 

  430 - 1400  

 
 
 
 
 
 

  PLS21-595  

 
 

  R780E  

 
 

  1050E  

 
 

  337  

 
 

  -69  

 
 

  264.0  

 
 

  270.0  

 
 

  6.0  

 
 

  320 - 12500  

 
 

  7.0  

 
 

  NA  

 
 

  72.7  

 
 

  353.0  

 
 
 
 
 
 
 

  272.0  

 
 

  279.0  

 
 

  7.0  

 
 

  330 - 3700  

 
 
 
 
 
 
 
 
 
 
 

  282.0  

 
 

  314.0  

 
 

  32.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  317.0  

 
 

  317.5  

 
 

  0.5  

 
 

  410  

 
 
 
 
 
 
 
 
 
 
 

  337.0  

 
 

  337.5  

 
 

  0.5  

 
 

  1100  

 
 
 
 
 
 

  PLS21-596  

 
 

  R780E  

 
 

  1095E  

 
 

  337  

 
 

  -69  

 
 

  175.0  

 
 

  179.0  

 
 

  4.0  

 
 

  

 
 

  8.2  

 
 

  NA  

 
 

  70.8  

 
 

  338.0  

 
 
 
 
 
 
 

  183.0  

 
 

  183.5  

 
 

  0.5  

 
 

  340  

 
 
 
 
 
 
 
 
 
 
 

  186.0  

 
 

  199.0  

 
 

  13.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  203.0  

 
 

  207.5  

 
 

  4.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  214.0  

 
 

  227.0  

 
 

  13.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  231.5  

 
 

  236.5  

 
 

  5.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  276.0  

 
 

  277.0  

 
 

  1.0  

 
 

  310 - 720  

 
 
 
 
 
 
 
 
 
 
 

  288.5  

 
 

  289.0  

 
 

  0.5  

 
 

  710  

 
 
 
 
 
 
 
 
 
 
 

  296.5  

 
 

  302.5  

 
 

  6.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  310.5  

 
 

  313.5  

 
 

  3.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  322.0  

 
 

  322.5  

 
 

  0.5  

 
 

  370  

 
 
 
 
 
 

  PLS21-597  

 
 

  R780E  

 
 

  900E  

 
 

  335  

 
 

  -69.6  

 
 

  117.0  

 
 

  118.5  

 
 

  1.5  

 
 

  320 - 1100  

 
 

  8.2  

 
 

  NA  

 
 

  63.0  

 
 

  383.0  

 
 
 
 
 
 
 

  124.5  

 
 

  125.5  

 
 

  1.0  

 
 

  370 - 570  

 
 
 
 
 
 
 
 
 
 
 

  133.0  

 
 

  133.5  

 
 

  0.5  

 
 

  340  

 
 
 
 
 
 
 
 
 
 
 

  136.0  

 
 

  147.0  

 
 

  11.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  150.5  

 
 

  152.0  

 
 

  1.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  157.0  

 
 

  158.0  

 
 

  1.0  

 
 

  430 - 710  

 
 
 
 
 
 
 
 
 
 
 

  177.5  

 
 

  184.5  

 
 

  7.0  

 
 

  360 - 25100  

 
 
 
 
 
 
 
 
 
 
 

  189.0  

 
 

  201.0  

 
 

  12.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  217.0  

 
 

  218.0  

 
 

  1.0  

 
 

  5300 - 8000  

 
 
 
 
 
 
 
 
 
 
 

  223.0  

 
 

  224.0  

 
 

  1.0  

 
 

  420 - 2700  

 
 
 
 
 
 
 
 
 
 
 

  229.0  

 
 

  230.0  

 
 

  1.0  

 
 

  1100 - 4700  

 
 
 
 
 
 
 
 
 
 
 

  233.0  

 
 

  239.0  

 
 

  6.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  243.5  

 
 

  259.5  

 
 

  16.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  264.5  

 
 

  290.0  

 
 

  25.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  293.5  

 
 

  295.5  

 
 

  2.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  317.0  

 
 

  320.0  

 
 

  3.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  325.0  

 
 

  325.5  

 
 

  0.5  

 
 

  410  

 
 
 
 
 
 
 
 
 
 
 

  330.5  

 
 

  331.0  

 
 

  0.5  

 
 

  500  

 
 
 
 
 
 

  PLS21-598  

 
 

  R780E  

 
 

  1080E  

 
 

  337  

 
 

  -68  

 
 

  183.5  

 
 

  185.5  

 
 

  2.0  

 
 

  

 
 

  8.2  

 
 

  NA  

 
 

  68.3  

 
 

  359.0  

 
 
 
 
 
 
 

  191.0  

 
 

  199.5  

 
 

  8.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  204.5  

 
 

  205.5  

 
 

  1.0  

 
 

  310 - 1100  

 
 
 
 
 
 
 
 
 
 
 

  219.0  

 
 

  219.5  

 
 

  0.5  

 
 

  490  

 
 
 
 
 
 
 
 
 
 
 

  222.0  

 
 

  223.0  

 
 

  1.0  

 
 

  330 - 1100  

 
 
 
 
 
 
 
 
 
 
 

  273.0  

 
 

  283.5  

 
 

  10.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  294.0  

 
 

  295.0  

 
 

  1.0  

 
 

  890 - 1200  

 
 
 
 
 
 
 
 
 
 
 

  297.5  

 
 

  307.5  

 
 

  10.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  313.0  

 
 

  314.0  

 
 

  1.0  

 
 

  420 - 520  

 
 
 
 
 
 
 
 
 
 
 

  321.0  

 
 

  322.0  

 
 

  1.0  

 
 

  530 - 2600  

 
 
 
 
 
 
 
 
 
 
 

  348.5  

 
 

  351.5  

 
 

  3.0  

 
 

  330 - 780  

 
 
 
 
 
 

  PLS21-599  

 
 

  R780E  

 
 

  1080E  

 
 

  340  

 
 

  -71  

 
 

  137.0  

 
 

  137.5  

 
 

  0.5  

 
 

  1000  

 
 

  8.3  

 
 

  NA  

 
 

  68.4  

 
 

  326.0  

 
 
 
 
 
 
 

  166.0  

 
 

  173.5  

 
 

  7.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  176.5  

 
 

  179.5  

 
 

  3.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  182.0  

 
 

  184.0  

 
 

  2.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  188.5  

 
 

  191.0  

 
 

  2.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  197.0  

 
 

  214.0  

 
 

  17.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  221.0  

 
 

  224.0  

 
 

  3.0  

 
 

  410 - 2900  

 
 
 
 
 
 
 
 
 
 
 

  288.5  

 
 

  289.0  

 
 

  0.5  

 
 

  580  

 
 
 
 
 
 
 
 
 
 
 

  301.5  

 
 

  304.0  

 
 

  2.5  

 
 

  

 
 
 
 
 
 

  PLS21-600  

 
 

  R780E  

 
 

  900E  

 
 

  337  

 
 

  -69.9  

 
 

  110.5  

 
 

  114.0  

 
 

  3.5  

 
 

  350 - 1100  

 
 

  7  

 
 

  NA  

 
 

  66.3  

 
 

  374.0  

 
 
 
 
 
 
 

  126.5  

 
 

  142.5  

 
 

  16.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  169.5  

 
 

  170.0  

 
 

  0.5  

 
 

  310  

 
 
 
 
 
 
 
 
 
 
 

  172.5  

 
 

  174.5  

 
 

  2.0  

 
 

  350 - 670  

 
 
 
 
 
 
 
 
 
 
 

  177.0  

 
 

  181.0  

 
 

  4.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  184.0  

 
 

  195.0  

 
 

  11.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  205.0  

 
 

  206.5  

 
 

  1.5  

 
 

  390 - 25200  

 
 
 
 
 
 
 
 
 
 
 

  217.0  

 
 

  218.5  

 
 

  1.5  

 
 

  360 - 430  

 
 
 
 
 
 
 
 
 
 
 

  221.5  

 
 

  222.0  

 
 

  0.5  

 
 

  460  

 
 
 
 
 
 
 
 
 
 
 

  226.5  

 
 

  228.0  

 
 

  1.5  

 
 

  620 - 1600  

 
 
 
 
 
 
 
 
 
 
 

  231.0  

 
 

  232.0  

 
 

  1.0  

 
 

  3600 - 4200  

 
 
 
 
 
 
 
 
 
 
 

  236.0  

 
 

  239.5  

 
 

  3.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  259.0  

 
 

  271.5  

 
 

  12.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  274.5  

 
 

  295.0  

 
 

  20.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  297.5  

 
 

  300.0  

 
 

  2.5  

 
 

  310 - 850  

 
 
 
 
 
 
 
 
 
 
 

  313.0  

 
 

  315.0  

 
 

  2.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  318.0  

 
 

  318.5  

 
 

  0.5  

 
 

  940  

 
 
 
 
 
 
 
 
 
 
 

  347.0  

 
 

  350.0  

 
 

  3.0  

 
 

  330 - 650  

 
 
 
 
 
 

  PLS21-601  

 
 

  R780E  

 
 

  915E  

 
 

  336  

 
 

  -70.4  

 
 

  118.5  

 
 

  133.5  

 
 

  15.0  

 
 

  

 
 

  8.2  

 
 

  NA  

 
 

  66.8  

 
 

  377.0  

 
 
 
 
 
 
 

  145.5  

 
 

  147.5  

 
 

  2.0  

 
 

  370 - 1200  

 
 
 
 
 
 
 
 
 
 
 

  153.5  

 
 

  155.0  

 
 

  1.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  160.5  

 
 

  198.0  

 
 

  37.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  203.0  

 
 

  215.5  

 
 

  12.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  225.5  

 
 

  226.0  

 
 

  0.5  

 
 

  800  

 
 
 
 
 
 
 
 
 
 
 

  237.0  

 
 

  262.5  

 
 

  25.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  269.0  

 
 

  271.0  

 
 

  2.0  

 
 

  370 - 460  

 
 
 
 
 
 
 
 
 
 
 

  297.5  

 
 

  300.5  

 
 

  3.0  

 
 

  360 - 8100  

 
 
 
 
 
 
 
 
 
 
 

  305.5  

 
 

  308.0  

 
 

  2.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  317.0  

 
 

  320.5  

 
 

  3.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  331.0  

 
 

  331.5  

 
 

  0.5  

 
 

  490  

 
 
 
 
 
 
 
 
 
 
 

  354.5  

 
 

  355.5  

 
 

  1.0  

 
 

  300 - 380  

 
 
 
 
 
 
 
 
 
 
 

  375.0  

 
 

  376.0  

 
 

  1.0  

 
 

  460 - 800  

 
 
 
 
 
 

  PLS21-602  

 
 

  R780E  

 
 

  915E  

 
 

  337  

 
 

  -70.4  

 
 

  99.5  

 
 

  100.0  

 
 

  0.5  

 
 

  380  

 
 

  8.2  

 
 

  NA  

 
 

  69.9  

 
 

  382.0  

 
 
 
 
 
 
 

  108.0  

 
 

  108.5  

 
 

  0.5  

 
 

  480  

 
 
 
 
 
 
 
 
 
 
 

  134.5  

 
 

  136.0  

 
 

  1.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  176.0  

 
 

  177.5  

 
 

  1.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  185.5  

 
 

  195.0  

 
 

  9.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  206.5  

 
 

  212.5  

 
 

  6.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  221.5  

 
 

  222.5  

 
 

  1.0  

 
 

  580 - 880  

 
 
 
 
 
 
 
 
 
 
 

  228.5  

 
 

  242.5  

 
 

  14.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  246.5  

 
 

  251.5  

 
 

  5.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  264.5  

 
 

  280.0  

 
 

  15.5  

 
 

  65535  

 
 
 
 
 
 
 
 
 
 
 

  286.0  

 
 

  321.0  

 
 

  35.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  342.0  

 
 

  347.5  

 
 

  5.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  372.0  

 
 

  372.5  

 
 

  0.5  

 
 

  350  

 
 
 
 
 
 

  PLS21-603  

 
 

  R780E  

 
 

  915E  

 
 

  339  

 
 

  -69.9  

 
 

  98.0  

 
 

  100.5  

 
 

  2.5  

 
 

  350 - 510  

 
 

  8.2  

 
 

  NA  

 
 

  69.8  

 
 

  363.0  

 
 
 
 
 
 
 

  110.0  

 
 

  110.5  

 
 

  0.5  

 
 

  530  

 
 
 
 
 
 
 
 
 
 
 

  134.0  

 
 

  139.5  

 
 

  5.5  

 
 

  420 - 5800  

 
 
 
 
 
 
 
 
 
 
 

  148.5  

 
 

  154.0  

 
 

  5.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  156.5  

 
 

  160.5  

 
 

  4.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  165.5  

 
 

  166.5  

 
 

  1.0  

 
 

  380  

 
 
 
 
 
 
 
 
 
 
 

  172.0  

 
 

  185.5  

 
 

  13.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  213.0  

 
 

  214.0  

 
 

  1.0  

 
 

  5200 - 20000  

 
 
 
 
 
 
 
 
 
 
 

  221.0  

 
 

  225.0  

 
 

  4.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  231.0  

 
 

  240.5  

 
 

  9.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  244.5  

 
 

  250.0  

 
 

  5.5  

 
 

  320 - 3500  

 
 
 
 
 
 
 
 
 
 
 

  270.0  

 
 

  274.0  

 
 

  4.0  

 
 

  470 - 33000  

 
 
 
 
 
 
 
 
 
 
 

  279.5  

 
 

  288.0  

 
 

  8.5  

 
 

  390 - 13200  

 
 
 
 
 
 
 
 
 
 
 

  292.0  

 
 

  292.5  

 
 

  0.5  

 
 

  530  

 
 
 
 
 
 
 
 
 
 
 

  295.0  

 
 

  300.0  

 
 

  5.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  303.0  

 
 

  303.5  

 
 

  0.5  

 
 

  440  

 
 
 
 
 
 
 
 
 
 
 

  308.5  

 
 

  320.0  

 
 

  11.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  337.0  

 
 

  338.5  

 
 

  1.5  

 
 

  330 - 470  

 
 
 
 
 
 
 
 
 
 
 

  345.5  

 
 

  346.0  

 
 

  0.5  

 
 

  640  

 
 
 
 
 
 

  PLS21-604  

 
 

  R780E  

 
 

  915E  

 
 

  339  

 
 

  -69.9  

 
 

  131.5  

 
 

  132.0  

 
 

  0.5  

 
 

  480  

 
 

  8.2  

 
 

  NA  

 
 

  62.3  

 
 

  374.0  

 
 
 
 
 
 
 

  171.5  

 
 

  198.0  

 
 

  26.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  233.5  

 
 

  237.0  

 
 

  3.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  240.0  

 
 

  240.5  

 
 

  0.5  

 
 

  310  

 
 
 
 
 
 
 
 
 
 
 

  257.0  

 
 

  260.5  

 
 

  3.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  268.0  

 
 

  274.5  

 
 

  6.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  279.5  

 
 

  280.0  

 
 

  0.5  

 
 

  380  

 
 
 
 
 
 
 
 
 
 
 

  283.5  

 
 

  284.0  

 
 

  0.5  

 
 

  390  

 
 
 
 
 
 
 
 
 
 
 

  286.5  

 
 

  294.0  

 
 

  7.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  298.0  

 
 

  302.0  

 
 

  4.0  

 
 

  460 - 4700  

 
 
 
 
 
 
 
 
 
 
 

  319.0  

 
 

  319.5  

 
 

  0.5  

 
 

  340  

 
 
 
 
 
 
 
 
 
 
 

  323.0  

 
 

  329.5  

 
 

  6.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  332.0  

 
 

  338.0  

 
 

  6.0  

 
 

  

 
 
 
 
 
 

  PLS21-605  

 
 

  R780E  

 
 

  930E  

 
 

  335  

 
 

  -67.8  

 
 

  105.5  

 
 

  106.5  

 
 

  1.0  

 
 

  330 - 650  

 
 

  8.2  

 
 

  NA  

 
 

  72.1  

 
 

  389.0  

 
 
 
 
 
 
 

  116.0  

 
 

  116.5  

 
 

  0.5  

 
 

  420  

 
 
 
 
 
 
 
 
 
 
 

  136.5  

 
 

  142.5  

 
 

  6.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  145.0  

 
 

  147.5  

 
 

  2.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  150.0  

 
 

  159.5  

 
 

  9.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  163.5  

 
 

  183.5  

 
 

  20.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  205.5  

 
 

  207.5  

 
 

  2.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  210.0  

 
 

  212.5  

 
 

  2.5  

 
 

  410 - 700  

 
 
 
 
 
 
 
 
 
 
 

  221.0  

 
 

  225.5  

 
 

  4.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  247.5  

 
 

  259.5  

 
 

  12.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  262.5  

 
 

  263.5  

 
 

  1.0  

 
 

  580 - 17000  

 
 
 
 
 
 
 
 
 
 
 

  270.0  

 
 

  296.0  

 
 

  26.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  298.5  

 
 

  306.5  

 
 

  8.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  309.0  

 
 

  310.0  

 
 

  1.0  

 
 

  340 - 1000  

 
 
 
 
 
 
 
 
 
 
 

  313.0  

 
 

  318.0  

 
 

  5.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  320.5  

 
 

  321.0  

 
 

  0.5  

 
 

  480  

 
 
 
 
 
 
 
 
 
 
 

  323.5  

 
 

  324.0  

 
 

  0.5  

 
 

  640 - 10400  

 
 
 
 
 
 
 
 
 
 
 

  337.0  

 
 

  338.5  

 
 

  1.5  

 
 

  790 - 1900  

 
 
 
 
 
 
 
 
 
 
 

  353.5  

 
 

  355.5  

 
 

  2.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  361.5  

 
 

  362.5  

 
 

  1.0  

 
 

  620 - 680  

 
 
 
 
 
 
 
 
 
 
 

  369.5  

 
 

  370.5  

 
 

  1.0  

 
 

  460 - 550  

 
 
 
 
 
 
 
 
 
 
 

  373.0  

 
 

  374.5  

 
 

  1.5  

 
 

  330 - 650  

 
 
 
 
 
 
 
 
 
 
 

  377.5  

 
 

  378.0  

 
 

  0.5  

 
 

  780  

 
 
 
 
 
 

  PLS21-606  

 
 

  R780E  

 
 

  900E  

 
 

  336  

 
 

  -68.9  

 
 

  103.0  

 
 

  106.0  

 
 

  3.0  

 
 

  

 
 

  8.2  

 
 

  NA  

 
 

  62.0  

 
 

  371.0  

 
 
 
 
 
 
 

  118.5  

 
 

  122.0  

 
 

  3.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  141.0  

 
 

  168.5  

 
 

  27.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  173.5  

 
 

  198.0  

 
 

  24.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  203.5  

 
 

  205.0  

 
 

  1.5  

 
 

  310 - 2500  

 
 
 
 
 
 
 
 
 
 
 

  213.5  

 
 

  215.5  

 
 

  2.0  

 
 

  320 - 2100  

 
 
 
 
 
 
 
 
 
 
 

  229.0  

 
 

  272.5  

 
 

  43.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  280.0  

 
 

  284.0  

 
 

  4.0  

 
 

  570 - 3000  

 
 
 
 
 
 
 
 
 
 
 

  286.5  

 
 

  287.5  

 
 

  1.0  

 
 

  1600 - 6100  

 
 
 
 
 
 
 
 
 
 
 

  291.0  

 
 

  292.5  

 
 

  1.5  

 
 

  510 - 5300  

 
 
 
 
 
 
 
 
 
 
 

  295.5  

 
 

  296.0  

 
 

  0.5  

 
 

  330  

 
 
 
 
 
 
 
 
 
 
 

  308.5  

 
 

  309.0  

 
 

  0.5  

 
 

  390  

 
 
 
 
 
 
 
 
 
 
 

  316.0  

 
 

  317.5  

 
 

  1.5  

 
 

  320 - 860  

 
 
 
 
 
 
 
 
 
 
 

  325.0  

 
 

  328.5  

 
 

  3.5  

 
 

  

 
 
 
 
 
 

  PLS21-607  

 
 

  R780E  

 
 

  1065E  

 
 

  339  

 
 

  -75.6  

 
 

  190.0  

 
 

  195.0  

 
 

  5.0  

 
 

  

 
 

  8.2  

 
 

  NA  

 
 

  74.3  

 
 

  344.0  

 
 
 
 
 
 
 

  203.5  

 
 

  206.0  

 
 

  2.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  212.0  

 
 

  213.0  

 
 

  1.0  

 
 

  300 - 740  

 
 
 
 
 
 
 
 
 
 
 

  218.0  

 
 

  238.0  

 
 

  20.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  244.5  

 
 

  245.0  

 
 

  0.5  

 
 

  700  

 
 
 
 
 
 
 
 
 
 
 

  280.0  

 
 

  297.5  

 
 

  17.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  305.0  

 
 

  309.0  

 
 

  4.0  

 
 

  300 - 6700  

 
 
 
 
 
 
 
 
 
 
 

  312.0  

 
 

  313.0  

 
 

  1.0  

 
 

  950 - 1100  

 
 
 
 
 
 
 
 
 
 
 

  324.0  

 
 

  326.0  

 
 

  2.0  

 
 

  300 - 870  

 
 
 
 
 
 
 
 
 
 
 

  331.0  

 
 

  331.5  

 
 

  0.5  

 
 

  370  

 
 
 
 
 
 

  PLS21-608  

 
 

  R780E  

 
 

  900E  

 
 

  336  

 
 

  -69.9  

 
 

  113.0  

 
 

  119.5  

 
 

  6.5  

 
 

  330 - 2400  

 
 

  8.2  

 
 

  NA  

 
 

  66.2  

 
 

  363.8  

 
 
 
 
 
 
 

  175.5  

 
 

  183.0  

 
 

  7.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  185.5  

 
 

  187.0  

 
 

  1.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  190.0  

 
 

  198.0  

 
 

  8.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  201.0  

 
 

  210.5  

 
 

  9.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  218.5  

 
 

  220.5  

 
 

  2.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  223.5  

 
 

  225.0  

 
 

  1.5  

 
 

  420 - 470  

 
 
 
 
 
 
 
 
 
 
 

  228.5  

 
 

  230.5  

 
 

  2.0  

 
 

  300 - 930  

 
 
 
 
 
 
 
 
 
 
 

  234.5  

 
 

  239.0  

 
 

  4.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  245.5  

 
 

  258.0  

 
 

  12.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  275.0  

 
 

  304.0  

 
 

  29.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  318.0  

 
 

  329.5  

 
 

  11.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  344.5  

 
 

  346.0  

 
 

  1.5  

 
 

  600 - 1400  

 
 
 
 
 
 

  PLS21-609  

 
 

  R780E  

 
 

  1125E  

 
 

  337  

 
 

  -75.4  

 
 

  105.5  

 
 

  106.0  

 
 

  0.5  

 
 

  930  

 
 

  8.2  

 
 

  NA  

 
 

  68.7  

 
 

  329.0  

 
 
 
 
 
 
 

  215.0  

 
 

  236.5  

 
 

  21.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  239.0  

 
 

  245.0  

 
 

  6.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  252.5  

 
 

  260.5  

 
 

  8.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  270.0  

 
 

  279.0  

 
 

  9.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  282.5  

 
 

  286.5  

 
 

  4.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  302.0  

 
 

  303.0  

 
 

  1.0  

 
 

  420 - 870  

 
 
 
 
 
 
 
 
 
 
 

  306.0  

 
 

  321.0  

 
 

  15.0  

 
 

  

 
 
 
 
 
 

  PLS21-610  

 
 

  R780E  

 
 

  915E  

 
 

  334  

 
 

  -70.1  

 
 

  148.0  

 
 

  148.5  

 
 

  0.5  

 
 

  420  

 
 

  8.2  

 
 

  NA  

 
 

  66.2  

 
 

  365.0  

 
 
 
 
 
 
 

  168.0  

 
 

  172.0  

 
 

  4.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  180.0  

 
 

  199.0  

 
 

  19.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  201.5  

 
 

  205.5  

 
 

  4.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  228.0  

 
 

  228.5  

 
 

  0.5  

 
 

  340  

 
 
 
 
 
 
 
 
 
 
 

  231.0  

 
 

  231.5  

 
 

  0.5  

 
 

  7800 - 15600  

 
 
 
 
 
 
 
 
 
 
 

  235.5  

 
 

  241.0  

 
 

  5.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  245.0  

 
 

  247.0  

 
 

  2.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  252.0  

 
 

  261.5  

 
 

  9.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  283.5  

 
 

  305.5  

 
 

  22.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  308.5  

 
 

  321.5  

 
 

  13.0  

 
 

  300 - 3500  

 
 
 
 
 
 
 
 
 
 
 

  327.0  

 
 

  337.0  

 
 

  10.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  355.5  

 
 

  359.0  

 
 

  3.5  

 
 

  

 
 
 
 
 
 

  PLS21-611  

 
 

  R780E  

 
 

  1095E  

 
 

  341  

 
 

  -69.9  

 
 

  196.5  

 
 

  199.5  

 
 

  3.0  

 
 

  

 
 

  8.2  

 
 

  NA  

 
 

  68.8  

 
 

  332.0  

 
 
 
 
 
 
 

  207.5  

 
 

  209.5  

 
 

  2.0  

 
 

  320 - 980  

 
 
 
 
 
 
 
 
 
 
 

  222.0  

 
 

  234.5  

 
 

  12.5  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  274.5  

 
 

  275.0  

 
 

  0.5  

 
 

  380  

 
 
 
 
 
 
 
 
 
 
 

  286.5  

 
 

  291.5  

 
 

  5.0  

 
 

  

 
 
 
 
 
 
 
 
 
 
 

  294.0  

 
 

  295.0  

 
 

  1.0  

 
 

  420 - 640  

 
 
 
 
 
 
 

Natural gamma radiation in drill core that is reported in this news release was measured in counts per second (cps) using either a hand-held RS-230 or RS-125 Scintillometer, both manufactured by Radiation Solutions, which are capable of discriminating readings up to 65,535 cps. Natural gamma radiation in the drill hole survey that is reported in this news release was measured in counts per second (cps) using a Mount Sopris 2GHF-1000 Triple Gamma probe, which allows for more accurate measurements in high grade mineralized zones.  The Triple Gamma probe is preferred in zones of high-grade mineralization.  The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. The degree of radioactivity within the mineralized intervals is highly variable and associated with visible pitchblende mineralization. All intersections are down-hole.  All depths reported of core interval measurements including radioactivity and mineralization intervals widths are not always representative of true thickness.  The orientation of the mineralized intervals tend to follow that of lithologic contacts, and generally dip steeply to the south. Within the Triple R deposit, individual zone wireframe models constructed from assay data and used in the resource estimate indicate that all 5 zones have a complex geometry controlled by and parallel to steeply south-dipping lithological boundaries as well as a preferential sub-horizontal orientation.

 

Samples from the drill core will be split in half sections on site and where possible, samples will be standardized at 0.5m down-hole intervals. One-half of the split sample will be sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK for analysis which includes U 3 O 8 (wt %) and fire assay for gold, while the other half remains on site for reference. All analysis includes a 63 element ICP-OES, uranium by fluorimetry and boron.

 

  PLS Mineralized Trend & Triple R Deposit Summary  

 

Uranium mineralization of the Triple R deposit at PLS occurs within the Patterson Lake Conductive Corridor and has been traced by core drilling over ~3.18 km of east-west strike length in five separated mineralized "zones" which collectively make up the Triple R deposit. From west to east, these zones are: R1515W, R840W, R00E, R780E and R1620E. Through successful exploration programs completed to date, Triple R has evolved into a large, near surface, basement hosted, structurally controlled high-grade uranium deposit.  The discovery hole was announced on November 05, 2012 with drill hole PLS12-022, from what is now referred to as the R00E zone.

 

The R1515W, R840W and R00E zones make up the western region of the Triple R deposit and are located on land, where overburden thickness is generally between 55 m to 100 m .  R1515W is the western-most of the zones and is drill defined to ~90 m in strike-length, ~68 m across strike and ~220 m vertical and where mineralization remains open in several directions.  R840W is located ~515 m to the east along strike of R1515W and has a drill defined strike length of ~430 m.  R00E is located ~485 m to the east along strike of R840W and is drill defined to ~115 m in strike length.  The R780E zone and R1620E zones make up the eastern region of the Triple R deposit.  Both zones are located beneath Patterson Lake where water depth is generally less than six metres and overburden thickness is generally about 50 m .  R780E is located ~225 m to the east of R00E and has a drill defined strike length of ~945 m.  R1620E is located ~210 m along strike to the east of R780E, and is drill defined to ~185 m in strike length.

 

The Company completed and filed a prefeasibility "PFS" study on November 07, 2019 titled "Pre-Feasibility Study on the Patterson Lake South Property Using Underground Mining Methods, Northern Saskatchewan, Canada ".  The report summarizes the Pre-Feasibility Study ("UG PFS"), which outlines an underground-only mining scenario for PLS which to date has only considered the R00E and R780E zones.  Further work, including additional drilling may provide sufficient data for future inclusion of the R1515W, R840W and R1620E zones into the Feasibility Study mine plan.

 

Mineralization along the Patterson Lake Corridor trend remains prospective along strike in both the western and eastern directions. Basement rocks within the mineralized trend are identified primarily as mafic volcanic rocks with varying degrees of alteration.  Mineralization is both located within and associated with mafic volcanic intrusives with varying degrees of silicification, metasomatic mineral assemblages and hydrothermal graphite. The graphitic sequences are associated with the PL-3B basement Electro-Magnetic (EM) conductor.

 

  Patterson Lake South Property  

 

The 31,039 hectare PLS project is 100% owned and operated by Fission Uranium Corp. PLS is accessible by road with primary access from all-weather Highway 955, which runs north to the former Cluff Lake mine and passes the nearby Nexgen Arrow deposit located 3km to the east and UEX-Areva Shea Creek discoveries located 50km to the north.

 

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Ross McElroy , P.Geol., President and CEO for Fission Uranium Corp., a qualified person.

 

  About Fission Uranium Corp.  

 

 Fission Uranium Corp. is a Canadian based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property - host to the class-leading Triple R uranium deposit - and is headquartered in Kelowna , British Columbia.  Fission's common shares are listed on the TSX Exchange under the symbol "FCU" and trade on the OTCQX marketplace in the U.S. under the symbol "FCUUF."

 

  ON BEHALF OF THE BOARD  

 

  "Ross McElroy"  

 

  
   Ross McElroy , President and CEO  

 

  Cautionary Statement:
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: risks related to the Offering, risks related to Fission's limited business history, risks related to the nature of mineral exploration and development, discrepancies between actual and estimated mineral resources, risks related to uranium market price volatility, risks related to the market value of the common shares of Fission, risks related to market conditions, risks related to the novel coronavirus (COVID-19) pandemic, including disruptions to the Company's business and operational plans, risks related to the global economic uncertainty as a result of the novel coronavirus (COVID-19) pandemic and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com . The forward-looking statements included in this press release are made as of the date of this press release and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

 
 
 

SOURCE Fission Uranium Corp. 

 

 

 

 Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/April2021/07/c0729.html  

 
 

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