Canadian Mining Journal

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URANIUM: Fission discovers new zone with step out holes

SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has discovered a new zone of "considerable" mineralization at its Patterson Lake South uranium project in the Athabasca Basin. Step out holes have identified zone R1620E that lies 465...



SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has discovered a new zone of “considerable” mineralization at its Patterson Lake South uranium project in the Athabasca Basin. Step out holes have identified zone R1620E that lies 465 metres east of zone R1155E.

Mineralization at PLS has now been traced by core drilling over a 2.24-km east-west strike length in five separate zones. The mineralization remains open along strike on both ends. Mineralization is located within and associated with a metasedimentary lithologic corridor.

Fission president, COO and chief geologist Ross McElroy said, “PLS has advanced in scale by a considerable degree with the latest step outs to the east, which come soon after winter drilling has successfully merged four high grade zones into one. Successfully tracing high grade mineralization in a 75 metre grid east step out and the discovery of a new zone of mineralization a further 485 metres east along strike trend speak to the tremendous upside of this mineralized system.”

A $12-million, 100-hole, 30,000-metre drill program and ground geophysics surveys continues at PLS. Updated maps and files can be found on the company’s website at FissionUranium.com.