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Fission Uranium Corp.

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Summary

Project:

Patterson Lake South

Deposit:R1515W Zone
Location:Canada
Commodities:Uranium
Date:2/26/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:26-2-2018: Fission Uranium Corp. announces an Exploration/Drilling Update report for its R1515W Zone deposit at the Patterson Lake South project. Drilling results incl. 43.5m @ <300-42100 CPS Peak range from 134.5m. FISSION URANIUM CORP. ("Fission" or “th
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Ross McElroy (Internal)
ABSTRACT:FISSION URANIUM CORP. ("Fission" or “the Company") is pleased to announce that its first four Winter drill holes have hit wide mineralization, with high-grade radioactivity, at the R1515W zone at its’ PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. The shallow depth, R1515W is the westernmost zone of the Triple R deposit and newly drilled results have expanded mineralization on lines 1530W and 1560W. The holes include PLS18-571 (line 1560W), which intersected 108.0m of total composite mineralization, including 5.81m of total composite radioactivity >10,000 cps (with a peak of >65,535 cps). Natural gamma radiation in drill core that is reported in this news release was measured in counts per second (cps) using a hand held RS-121 Scintillometer manufactured by Radiation Solutions, which is capable of discriminating readings to 65,535 cps. Natural gamma radiation in the drill hole survey that is reported in this news release was measured in counts per second (cps) using a Mount Sopris 2GHF-1000 Triple Gamma probe, which allows for more accurate measurements in high grade mineralized zones. The Triple Gamma probe is preferred in zones of high grade mineralization. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. The degree of radioactivity within the mineralized intervals is highly variable and associated with visible pitchblende mineralization.

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