Fission Uranium Corp. recently reported positive results from 11 drilling sites on the company's Patterson Lake South (PLS) property in the Athabasca Basin region of Canada.
The company said high-grade intervals were returned from eight of the 11 sites.
"The recent discovery of high-grade mineralization in PLS16-445 on the R840W zone and now the discovery of high-grade mineralization 2.34km to the east on the R1620E zone (PLS16-460) drilling this winter at PLS have shown the upside blue-sky potential that exists,” Ross McElroy, Fission's chief operating officer, chief geologist and president, said. “The shallow depth of mineralization in PLS16-460, starting at just 65.5m below surface, is a hallmark of the 2.47 km long mineralized trend at PLS and is a continued reminder of just how much PLS and the Triple R differs from other discoveries and deposits in the Athabasca Basin. Neither the R600W, the R840W zone nor the R1620E zone have been added to the Triple R deposit resource estimate, so the team is very excited to see this high-grade growth."
Uranium mineralization at the project site was first announced in 2012 and has been further developed and explored by the company. The PLS location spans approximately 31,039 hectares.
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