Explorer Fission Uranium (TSX: FCU; US-OTC: FCUUF) has been one of the few juniors that has maintained a steady drilling rate over the past two years despite tough capital markets. The company’s Patterson Lake South (PLS) uranium discovery in Saskatchewan’s Athabasca Basin has continued to grow, and president and COO Ross McElroy sat down with The Northern Miner to discuss Fission’s progress to-date and an eagerly awaited maiden resource estimate expected by year end.
The company kick-started the year with an aggressive 35,200-metre delineation drill program aimed at merging four key mineralized zones into one continuous corridor. Fission ended up completing 92 core holes, with 80 holes designed as delineation holes on the main mineralized trend and 12 holes aimed at regional exploration.
“During the winter we took a number of unique zones we discovered in 2013 and really tried to glue them together to make one long body of mineralization. The summer was all about filling out the width dimensions,” McElroy explains.
Fission followed up with a 20,300-metre program during the summer. Drilling resulted in the crystallization of Fission’s crown jewel at PLS, namely the R780E zone.
Read the complete article at NorthernMiner.com/news/fissions-mcelroy