The 31,039 hectare PLS project is 100% owned and operated by Fission Uranium Corp. Updated maps can be found on the Company's website at. The recently discovered high-grade mineralization in the R1620E zone, located 300m to the east along strike has significantly upgraded the prospectivity for further growth of the PLS resource to the east of the Triple R deposit. Recent very positive drill results returning wide and strongly mineralized intersections from the R600W zone and the newly discovered R840W zone, located 480m and 765m respectively to the west along strike have significantly upgraded the prospectivity of these areas for further growth of the PLS resource on land to the west of the Triple R deposit. Mineralization is both located within and associated with a metasedimentary lithologic corridor, associated with the PL-3B basement Electro-Magnetic (EM) Conductor. Mineralization remains open along strike both to the western and eastern extents. The entire Triple R deposit is covered by approximately 50m to 60m of overburden. The R780E zone is located beneath Patterson Lake which is approximately six metres deep in the area of the deposit. A 225m gap separates the R00E zone to the west and the R780E zones to the east, though sporadic narrow, weakly mineralized intervals from drill holes within this gap suggest the potential for further significant mineralization in this area. Within the deposit, the R00E and R780E zones have an overall combined strike length validated by a resource estimate of approximately 1.05km with the R00E measuring approximately 105m in strike length and the R780E zones measuring approximately 945m in strike length. The Triple R deposit consists of the R00E zone on the western side and the much larger R780E zone further on strike to the east. Through successful exploration programs completed to date, it has evolved into a large, near surface, basement hosted, structurally controlled high-grade uranium deposit. The discovery hole of what is now referred to as the Triple R uranium deposit was announced on Novemwith drill hole PLS12-022, from what is considered part of the R00E zone. Thus far only the R00E and R780E have been included in the Triple R deposit resource estimate. From west to east, these zones are: R840W, R600W, R00E, R780E and R1620E. Uranium mineralization at PLS occurs within the Patterson Lake Conductive Corridor and has been traced by core drilling approximately 2.58km of east-west strike length in five separated mineralized "zones". PLS Mineralized Trend & Triple R Deposit Summary We'll be sharing scintilometer and assay results as they come in." Thanks to the success of our winter program, we have a number of highly prospective targets both on and around the 2.58km mineralized trend, and also elsewhere on this large property, including Forest Lake. "The much-anticipated summer drill program has begun and the drills are now turning. Ross McElroy, President, COO, and Chief Geologist for Fission, commented Ring Dike Geotechnical Soil Borehole Testing around the expected R00E pit perimeter wall area Regional hydrogeology monitoring wells to record and interpret long-term water flow analysis in areas contemplated for major infrastructure West and east along the Patterson Lake Corridorįorest Lake Corridor located parallel and to the south of the Patterson Lake CorridorĪ Moving Loop Time Domain Electro-Magnetic (MLTDEM) ground geophysics survey targeting the western on-land area of the Patterson Lake Corridor, host to the R00E, R600W and R840W zonesĪ 2D Marine Seismic survey, targeting the central Patterson Lake Corridor area host to the R780E and R1620E zonesĪdvanced Prefeasibility Oriented Activity Neither of these zones are currently included in the Triple R depositĬore and Reverse Circulation drill testing of key regional exploration targets, including: Growing and connecting the new high-grade zones on the western and eastern and extents of the 2.58km mineralized trend (the R840W and R1620E zones respectively). Resource Growth and Regional Exploration Drilling ( FCU.TO)( FCUUF)( 2FU.F) (" Fission" or " the Company") is pleased to announce that summer drilling has now commenced at PLS, with drill rigs now in full operation. KELOWNA, BRITISH COLUMBIA-(Marketwired - July 7, 2016) - FISSION URANIUM CORP.
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