Fission reports growing high-grade resource to the west

VANCOUVER (miningweekly.com) – Explorer Fission Uranium has confirmed new high-grade mineralisation at the R840W zone, currently outside of the Triple R resource area, and also at the main R780E zone, beneath the Triple R deposit, at its Patterson Lake South (PLS) property, located in Canada's Athabasca basin region.

The Kelowna, British Columbia-based company on Monday reported that final assay results from its summer drilling campaign, which includes hole PLS16-504 on zone R840W, returned 25.95% uranium oxide (U₃O₈) over 4 m, in 10.03% U₃O₈ over 11 m.

The wide, high-grade mineralisation encountered at the Western end of the 2.63 km mineralised trend at PLS highlights the strong expansion potential, on land, towards the high-grade boulder field located about 2.7 km west of the R840W zone.

Fission also intercepted a 2 m interval grading 2.51 U₃O₈ below R780E zone, 149.5 m below surface. This is a virtually uncharted area for Fission and illustrates the potential to expand the Triple R resource at depth.

"These results confirm the importance of the high-grade, on-land, near-surface R840W zone, which lies 495 m west of the Triple R deposit. During summer drilling we successfully merged this zone with R600W – our other high-grade land zone – and discovered an area of strong interest even further west. With such strong, wide grades, the zone and the unexplored areas west are going to be a clear focus for us during further exploration,” stated Fission Uranium president, COO and chief geologist Ross McElroy.

Earlier this month, Fission reported some of the highest mineral intersections to date at the eastern-most R1620E zone, and further high-grade holes at the R840W zone, located to the west at the PLS property.

The assay results included hole PLS16-500 on zone R1620E, which intersected 9.5 m grading 13.56% U₃O₈ within a larger interval of 27 m grading 5% U₃O₈. The wide, high-grade mineralisation encountered at both zones, continues to highlight the strength and prospectivity of the 2.63 km mineralised trend at PLS – the largest lateral footprint in the Athabasca basin region.