FISSION URANIUM CORP. (TSX:FCU,OTCQX:FCUUF, FRANKFURT:2FU) announced results from eleven holes at its’ PLS property, host to the Triple R deposit, in Canada’s Athabasca Basin region: seven holes drilled on the R600W zone, three drilled on the R780E zone and one on the R1620E.

According to the company highlights include:

R1620E Zone

Hole PLS16-460 (line 1500E) – Hole PLS14-176 was drilled as an exploration hole on line 1500E during the winter 2014 program. The hole was planned to test a radon in water anomaly and although no uranium mineralization was intersected, the hole returned uranium anomalies to 140ppm and elevated boron up to 764 ppm. The pathfinder elements were highly anomalous and geological modeling suggested the prospective lithologic horizon was further to the south. PLS16-460 was drilled as a near-vertical hole collared 20m south of PLS14-176.
Significant high-grade mineralization was intersected over a width of 50.0m. In general, the important geological features appear to be similar as those present further to the west along the PLG-3B conductor, including that of the R780E zone; alternating sequences of semi-pelitic gneiss, silicified semi-pelitic gneiss, pelitic gneiss and mafic granofels. Mineralization occurs within the pelitic gneiss near the contact with the silicified semi-pelitic gneiss. Highlights of the mineralization are as follows:

• 55.5m total composite mineralization over a 82.5m section (between 65.5m – 148.0m) including:
  • 8.04m total composite mineralization of >10,000 cps radioactivity
• Wide, shallow mineralization by far the strongest from the R1620E zone, located 300m east of the R780E zone and 375m east of the last known high-grade intersection of the R780E zone (PLS15-416 on line 1125E).

Further drilling is required to evaluate the new high-grade mineralization at R1620E.

R780E Zone

• PLS16-455 (line 510E)
  • 91.5m total composite mineralization over a 122.0m section (between 88.0m – 210.0m) including:
    • 8.40m total composite mineralization of >10,000 cps radioactivity
  • Extends the high-grade mineralization seen in PLS14-209 (57.0m @ 5.19% U₃O₈) approximately 20m up-dip

R600W Zone

• Hole PLS16-449 (line 660W)
  • 70.5m total composite mineralization over a 266.0m section (between 101.0m – 367.0m) including:
    • 1.02m total composite mineralization of >10,000 cps radioactivity
  • Extends the high-grade mineralization seen in PLS15-395 (43.0m @ 1.48% U₃O₈) approximately 20m down dip

Click here to view the full press release. 

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