DAILY NEWS Sep 25, 2013 4:10 PM - 0 comments

URANIUM: High grade hole at PLS assays 21.53% U3O8

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2013-09-25

ALBERTA – One of the highest grade intersections – 21.53% U3O8 over 4.0  metres – was recently drilled at the Patterson Lake South (PLS) joint venture in the southwest part of the Athabasca Basin. The exploration project is owned 50% by Fission Uranium (the operator) of Kelowna, BC, and 50% by Alpha Minerals of Vancouver.

The exceptional grade was drilled in hole PLS13-072 at a depth of roughly 90 to 95 metres. Higher up the hole, between 65 and 73 metres, a 7.5 metre length of core assayed 19.28% U3O8. These results were part of a 34.5 metre length that averaged 8.15% U3O8. There was also a half-metre section from 68.5 to 69.0 metres that assayed 47.0%.

Ross McElroy, president, COO, and chief geologist for Fission, commented, “We are continuing to see great results from PLS. Hole 072 in particular has intersected a superb mineralized interval with very high grades, wide intersections and particularly shallow depth.”

Updated maps and an assay table for the R390 zone can be found on the Fission's website by clicking here

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Patterson Lake South Project

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