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Fission Uranium Corp.
Summary
| Project: | Patterson Lake South | |
|---|---|---|
| Deposit: | Triple R | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 4/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-4-2017: Fission Uranium Corp. announces an Exploration/Drilling Update report for its Triple R deposit at the Patterson Lake South project. Drilling results incl. 32.5m @ CPS <300-43000 from 184.5m. 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 exploration drilling has expanded the newly discovered R1515W high-grade, nearsurface, and land-based zone at its’ PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. Since announcement of the first high-grade mineralization on the R1515W Zone with PLS17-539 (March 20, 2017) two additional holes have been completed on line 1515W. Of particular note, hole PLS17-553, intersected 48.0m of total composite mineralization, including a 32.5m section of continuous mineralization that included total composite of 4.44m of >10,000 cps (with a peak of 43,000 cps). The mineralized section is located approximately 12m to 15m south of the mineralization in PLS17-537 and is so far the strongest mineralization encountered at R1515W. The land-based R1515W zone, which is open in several directions, is located approximately 510m to the west of the high-grade, near-surface R840W zone. Ross McElroy, President, COO, and Chief Geologist for Fission, commented “We are delighted with this strong follow-up drilling on the R1515W zone. PLS17- 553 is the 2nd strongly mineralized hole in the newly discovered zone and confirms the potential for significant widths and high-grade radioactivity. The R1515W is the western-most zone of high-grade mineralization on our Patterson Lake Corridor trend and expands the strike-length of our high-grade mineralized footprint to 3.14km – the largest in the region. R1515W is shallow and represents our third land-based zone. It is open in multiple directions and we look forward to the next two holes of our follow-up drilling.” | |
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