Fission Uranium Corp (OTCMKTS: FCUUF) has announced summer 2021 scintillometer results for the “resource upgrade” drill program at the PLS project in the r840W region in Saskatchewan’s Athabasca Basin
Fission hits memorization in 19 holes
Nineteen of the 25 holes hit mineralization, including large intervals of >10,000 cps radioactivity. For example, PLS21-624 (line 630W) intersected 57.5 meters of continuous mineralization, including 19.15 meters of total composite radioactivity more than 10,000 cps. The results of the assays are currently pending and will be shared once they are received. The purpose of the summer resource drilling is to enhance the entire R840W zone by minimizing mineralized intercepts space in drill holes to upgrade to Indicated classification for use in the Feasibility Study.
CEO Ross McElroy said, “Our summer resource drilling at the R840W zone has been very successful. The goal was to expand and upgrade this important zone, which is the largest of those not currently included in the Triple R deposit, for potential inclusion in the upcoming feasibility study. We hit mineralization with all 25 holes, testing over 353m of strike length of the R840W zone, the majority of which intersected considerable high-grade intervals. As we await confirmation with assay results, we believe this represents a strong validation of our growth strategy as we continue to develop the project.”
Fission announces metallurgical hole results
Also, the company announced scintillometer findings from the “Metallurgical & geotechnical test work” drilling at the company’s R840W zone in the Athabasca basin in Saskatchewan.
McElroy said, “The metallurgical and geotechnical testwork holes on the R840W zone serve a dual purpose. They not only provide material and information necessary for uranium extraction, processing and to support mine design, they also provide assay data. These new drill results highlight the impressive potential of the shallow, high-grade R840W zone. In particular, PLS21-MET-004 is extremely well mineralized over a significant width and is drilled near the western extent of the R840W zone.”