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Fission Uranium Corp.
Summary
| Project: | Patterson Lake South | |
|---|---|---|
| Deposit: | Triple R | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 7/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-7-2017: Fission Uranium Corp. announces an Exploration/Drilling Update report for its Triple R deposit at the Patterson Lake South project. Drilling results incl. 14.5m @ CPS <300-65535. ISSION URANIUM CORP. ("Fission" or “the Company") is pleased to a | |
| Resources: | (Resource): 81.1Mlbs @ 1.83% U3O8 (Ind.), 27.2Mlbs @ 1.57% U3O8 (Inf.) at project | |
| CP/QP: | [Overall Report]: Ross McElroy (Internal) | |
| ABSTRACT: | ISSION URANIUM CORP. ("Fission" or “the Company") is pleased to announce the results of an additional 2 holes testing the recently-discovered, land-based, R1515W zone where drilling has intersected the widest cumulative mineralization and some of the strongest radioactivity to date outside of the Triple R Deposit, at its’ PLS property in Canada's Athabasca Basin region. The two holes have encountered very wide mineralization and strongly radioactive peaks in multiple stacked zones, at the R1515W zone, which is 1.5km west of the Triple R deposit. Of particular importance, hole PLS17-564 (line 1545W) intersected 135.5m total composite mineralization, including 8.25m total composite >10,000 cps and multiple intervals of >65,535 cps (the maximum reading possible by the RS-121 scintillometer before saturation). “We are very excited by the results of these drill holes – not only because of the width and strength of the mineralization but of the confirmation that the landbased R1515W zone has notable mineralization similarities to the Triple R deposit’s R780E zone 1.5km to the east. These similarities, including multiple stacked lenses, are reason why the widths we’ve encountered in these last two holes, are so impressive. These features have the potential to rapidly grow mineral resources – as was the case with the R780E zone delineation. The R1515W is still at an early stage and these drill results are highly promising.” | |
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