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Fission Uranium Corp.
Summary
| Project: | Patterson Lake South | |
|---|---|---|
| Deposit: | Triple R | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 4/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-4-2017: Fission Uranium Corp. announces an Exploration/Drilling Update report for its Triple R deposit at the Patterson Lake South project. Drilling results incl. 51m @ 1.89% U3O8 from 104.5m. FISSION URANIUM CORP. ("Fission" or “the Company") is pleas | |
| 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 assays from 16 holes in the R840W and R1620E zones, with results confirming new high grade mineralization at both zones. Neither of these two, large, shallow zones are currently included in the Triple R resource estimate at its PLS property, in Canada's Athabasca Basin region. The drill holes are from R840W zone (6 holes) and R1620E zone (10 holes) and include hole PLS17-517 on zone R840W (line 765W) with 7.5m @ 7.31% U3O8 within a larger interval of 51.0m @ 1.89% U3O8. All sixteen holes were variably mineralized, with six holes intersecting high-grade mineralized sections grading >1% U3O8. The wide, high-grade mineralization encountered at both zones, highlights the strength of 3.17km mineralized trend at PLS – the largest in the Athabasca Basin region – and highlights the potential of these zones. Ross McElroy, President, COO, and Chief Geologist for Fission, commented “These shallow, high-grade and widely mineralized holes on the R840W and R1620E zones confirm strong growth in both zones, which has been one of our two core goals for the winter program. These zones have the potential to be included in a future resource estimate of the Triple R deposit.” | |
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