SASKATCHEWAN – Fission Uranium
of Kelowna, BC, has completed seven diamond drill holes and four reserve circulation holes at its Patterson Lake South uranium property in the Athabasca Basin. Of particular interest was hole 16-503 that intersected anomalous radioactivity at the deepest depth to date below the 43-101 resources of the Triple R deposit.
The hole intersected 74.0 metres of total composite mineralization, including 0.68 metres that registered >10,000 cps, over a 425.5-metre section (135.5 to 561.0 metres). In particular a 46.0m section between 515.0 metres and 561.0 metres, which includes a total composite mineralization of 6.0 metres with radiometric peaks up to 3,400 cps, represents the deepest mineralization encountered to date beneath the R780E zone and reflects the potential to grow the deposit at depth.
Uranium pathfinder elements were intersected 600 metres west of the R840W zone by hole 16-490. It returned anomalous radioactivity up to 460 cps in rock chips over 3.05 metres (156.97 to 160.02 metres) corresponding to a peak of 9,308 cps in down hole gamma survey, on line 1050W, 30 metres west of the high grade, shallow and land-based R840W zone. Successful drilling recently merged the R600W zone into the R840W zone.
As part of the prefeasibility study, Fission has successfully completed four soil overburden geotechnical holes and five regional hydrogeology monitoring wells. A 2-D marine seismic survey is expected to start by the end of this month.
Detailed drilling results from the PLS project are available at www.FissionUranium.com