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Fission reports wide mineralisation, multiple stacked lenses at PLS R1515W zone

26th July 2017

By: Henry Lazenby

Creamer Media Deputy Editor: North America

     

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VANCOUVER (miningweekly.com) – Results from the first two summer drill holes at the R1515W zone of Fission Uranium's Patterson Lake South project, in Saskatchewan, show that the explorer has hit high grades and wide mineralisation in multiple stacked lenses.

The zone has been expanded both laterally and down-dip to the south.

The shallow R1515W zone – discovered during winter 2017 drilling – is located on land along the western strike extension of the Patterson Lake Corridor, west of both the Triple R deposit and the R840W zone.

The two holes included Hole PLS17-562, which returned 85.5 m total composite mineralisation over a 148.5 m section (between 104 m and 252.5 m), including 3.37 m at more than 10 000 cps.

Hole PLS17-561 returned 49 m composite mineralisation over a 162.5-m section (between 111 m and 273.5 m, including 1.38 m at higher than 10 000 cps.

Uranium mineralisation at PLS has been traced by core drilling about 3.17 km along an east-west strike length in five separated mineralised zones – R1515W, R840W, R00E, R780E and R1620E. Thus far, only the R00E and R780E have been included in the Triple R deposit resource estimate.

The Triple R deposit is estimated to contain indicated resources of 2.3-million tonnes grading 1.58% uranium oxide, plus an inferred resource of 901 000 t grading 1.3% uranium oxide.

Edited by Samantha Herbst
Creamer Media Deputy Editor

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