Canadian Mining Journal

News

URANIUM: Patterson Lake South returns 15.63% U3O8 over 14 metres

SASKATCHEWAN – The Patterson Lake South uranium property in the Athabasca Basin continues to return excellent results for partners Fission Uranium Corp. of Kelowna, BC, and Alpha Minerals of Vancouver. With 43 metres at 6.93% U3O8...



SASKATCHEWAN – The Patterson Lake South uranium property in the Athabasca Basin continues to return excellent results for partners Fission Uranium Corp. of Kelowna, BC, and Alpha Minerals of Vancouver. With 43 metres at 6.93% U3O8 including 15.53% U3O8 over 14 metres, the R780E zone looks to host the same high grades as the R380E zone. The best assay was 59.8% U3O8 over 0.5 metres.

The same hole, PLS13-080, returned an interval of 2.0 metres at 26.73% U3O8. The grade-times-thickness (GT) value was 298.1 for the main mineralized interval, the best result from the R780E zone.

The high grade mineralization was encountered from 54.0 to 170.6 metres below surface. Fission says the lithology consists predominantly as a quartzitic gneiss with sequences of moderate-to-steeply dipping mylonites. Below 170.6 metres, the basement transitions to a pelitic gneiss with alternating sequences of undifferentiated mylonites.

Additional information is available at both FissionUranium.com and www.AlphaMinerals.ca.