Canadian Mining Journal

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URANIUM: Fission connects zones with high grade intercept at PLS



SASKATCHEWAN – Fission Uranium of Kelowna, BC, has connected the R600W and R840W zones by drilling a high grade area of uranium mineralization at its Patterson Lake South property in the Athabasca Basin.

Hole PLS16-512 intersected 56.0 metres of continuous mineralization including a 6.45-metre section with a total composite of >10,000 cps. The shallow, land-based R840W zone is now known to have a strike length of 465 metres and is 495 metres west of the R00E zone. Hole PLS16-504 encountered 37.5 metres of mineralization including 6.15 metres >10,000 cps.

The gap between the Triple R deposit and the high grade R1620E zone has been narrowed. Drilling has outlined he zone as shallow and high grade with a 225 metre strike length. The length of the high grade mineralized core has also been substantially increased. The R780E zone remains open along strike and at depth. The R1620E located 195 metres east and along strike of the R780E zone.

The Triple R zone has indicated resources of 2.01 tonnes grading 1.83% U3O8 and inferred resources of 785,000 tonnes grading 1.57%. The resources contain 81.11 million lb of uranium dioxide (indicated) and 27.16 million lb (inferred). Many of the drill holes reported for the most recent campaigns are not included in that maiden resource numbers.

Please see www.FissionUranium.com for detailed information about the PLS project.