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Fission Uranium Corp.
Summary
| Project: | Patterson Lake South | |
|---|---|---|
| Deposit: | Triple R | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 7/18/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-7-2016: Fission Uranium Corp. announces an Exploration/Drilling Update report for its Triple R deposit at the Patterson Lake South project. Drilling results incl. 7.1m @ >10000cps radioactivity using a RS-121 Scintillometer. FISSION URANIUM CORP. ("Fis | |
| 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 results from six holes at its’ award-winning PLS project, host to the shallow, high-grade Triple R deposit, in Canada's Athabasca Basin region: three holes drilled on the R840W zone and three drilled on the R1620E zone. Of key importance, wide, high-grade mineralization has been drilled at R1620E – the easternmost zone on Fission’s 2.58km trend - expanding the zone 15m west towards the Triple R deposit and expanding the strike length of the high-grade core to 60m. The gap between the Triple R’s R780E zone and the R1620E zone is 270m. The new holes, all of which intersected shallow, wide mineralization, include hole PLS16-485, which intersected 35.0m total composite mineralization, including 7.1m of >10,000 cps. The high-grade R840W and R1620E zones have the potential to add to the Triple R deposit resource estimate. Ross McElroy, President, COO, and Chief Geologist for Fission, commented “The eastern end of our 2.58km trend is continuing the transformation we saw over the winter - growing this shallow mineralization in both size and strength. These first holes have not only expanded the strike length of the R-1620E's highgrade core to 60m but they have also increased the continuity within the zone which now has a strike length of 180m. Overall, this is a great start to the program and we are looking forward to the next batch of holes.” | |
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