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Fission Uranium Corp.
Summary
| Project: | Patterson Lake South | |
|---|---|---|
| Deposit: | Triple R | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 7/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-7-2017: Fission Uranium Corp. announces an Exploration/Drilling Update report for its Triple R deposit at the Patterson Lake South project. Drilling results incl. 28.5m @ CPS <300-27300 from 104.0m. FISSION URANIUM CORP. ("Fission" or “the Company") is | |
| 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 two Summer drill holes have hit wide mineralization, with high-grades, at the land-based R1515W zone at its’ PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. The shallow depth R1515W zone, which was discovered during winter 2017 drilling, is located on-land along the western strike extension of the Patterson Lake Corridor, west of both the Triple R deposit and the R840W zone. The holes include PLS17-562 (line 1545W), which intersected 85.5m of total composite mineralization, including 3.37m of total composite radioactivity >10,000 cps (with a peak of 27,300 cps). Ross McElroy, President, COO, and Chief Geologist for Fission, commented “This is a very positive start to our zone growth drilling this Summer. The landbased, shallow-depth R1515W is the newest and westernmost of our high-grade zones. It was discovered during the recent winter program, as we continue to push west from the Triple R deposit along strike within the Patterson Lake Corridor. The delineation of this high-grade zone is still at an early stage but initial drill results interpret mineralization to be comprised of multiple, stacked steeply dipping lenses occurring over a wide lateral area. Multiple stacked zones is a feature similar to the Triple R deposit’s R780E zone, which resulted in rapidly delineating both size and grade.” | |
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