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Fission Uranium Corp.
Summary
| Project: | Patterson Lake South | |
|---|---|---|
| Deposit: | Triple R | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 8/2/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-8-2016: Fission Uranium Corp. announces an Exploration/Drilling Update report for its Triple R deposit at the Patterson Lake South project. Drilling results incl. 8.48m @ >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 nine holes at its’ award-winning PLS project, host to the shallow, highgrade Triple R deposit, in Canada's Athabasca Basin region: four holes drilled on R840W zone, four on R1620E zone and one within the gap between the R600W and R00E zones. Of key importance, wide, high-grade, shallow mineralization has been drilled at both R840W and R1620E – the westernmost and easternmost zones on Fission’s 2.58km trend. Of additional note, the high-grade core of R1620E zone has now reached over 95.0m in strike length. Drill Hole PLS16-500 hit 43.0m total composite mineralization, including 8.48m of >10,000 cps. The high-grade R840W and R1620E zones have not yet been assessed for a resource estimate, but the significant intersections encountered on both zones indicate the potential to add to a resource estimate. Ross McElroy, President, COO, and Chief Geologist for Fission, commented “Our strategy of targeting both ends of our 2.58km mineralized trend – the largest in the Athabasca Basin region – is proving to be very successful. Results at the R840W and R1620E zones include thick, high-grade mineralization near-to-surface. We have also grown the R1620E's high-grade core to over 95m, which speaks to the potential of this rapidly-growing zone.” | |
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