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Fission Uranium announces results at its' PLS property in Canada's Athabasca Basin region

Mining News - Published on Fri, 15 Mar 2019

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Fission Uranium Corp announced results from three holes of the Winter work program at its' PLS property in Canada's Athabasca Basin region. The three holes were drilled on the R780E zone with the dual-purpose of resource expansion and geotechnical testing of rock-mechanics for mine planning. All three intercepted high-grade mineralization that fit within, and expanded beyond the boundaries of the current modeled high-grade domain. Results include hole PLS19-PW-09, which intercepted a 37.5m continuous zone of strong uranium mineralization with a near-continuous 3.72 m interval of >10,000 cps and a peak of 61,115 cps.

In addition, hole PLS19-PW-10 intercepted 47.5m total composite mineralization, including 3.98m of total composite >10,000 cps. With the completion of these holes, the program is now focusing on geotechnical drilling on the ring dyke and cut-off wall, as well as hydrogeology and pump testing.

Results Highlights
PLS19-PW-09 (line 735E) successfully targeted a large jog in the eastern high-grade core model where the high-grade core was interpreted to extend.
41.0m total composite mineralization over a 74m interval (between 130.0m – 204.0m), including;
4.52m total composite >10,000 cps

PLS19-PW-010 (line 990E) successfully targeted the interpreted extension of the R780E high grade core, approximately 120m east of the current high-grade resource model.
47.5m total composite mineralization over a 207.5m interval (between 108.0m – 315.5m), including;
3.98m total composite >10,000 cps

PLS19-PW-08 (line 615E) successfully targeted a low-grade gap between the middle and eastern R780E high-grade cores, with the aim to identify new high-grade mineralization outside of the current model.
71.5m total composite mineralization over a 123m interval (between 121.0m – 244.0m), including;
2.0m of total composite >10,000 cps

Mr Ross McElroy, President, COO, and Chief Geologist for Fission, commented "We are very pleased with the results and current progress of the winter program at PLS. These drill holes accomplished the goals set out with respect to intersecting mineralization within the modeled high-grade domain and overall look to have expanded beyond the modeled domain. These important results highlight the potential for growth as the R780E zone is further delineated."

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Posted By : Rabi Wangkhem on Fri, 15 Mar 2019
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