News - More high grades at R390E and R780E Zones KELOWNA, BRITISH COLUMBIA--(Marketwired - Jan. 15, 2014) - FISSION URANIUM CORP. (TSX VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce assays for two holes drilled on the R390E Zone and four drilled on the R780E Zone. All six holes intersected wide intervals of mineralization at shallow depth. Of particular note are holes PLS13-104 (line 465E) and PLS13-082 (Line 795E), which included intervals of 13.20% U3O8 over 4.5m and 4.94% over 9.0m respectively. Both of these high-grade zones remain open in all directions. During the summer 2013 program, a total of 17 holes tested the R390E zone and expanded the strike length to 255m.
Holes PLS13-102 (line 300E), PLS13-104 (line 465E), PLS13-082 (line 795E), PLS13-089 (line 765E), PLS13-097 (line 795E), PLS13-101 (line 810E) all returned significant mineralization.
Assay Highlights
PLS13-104 (line 465E)
13.0m (99.0m to 112.0m) @ 4.97% U3O8, including
4.5m (103.5m to 108.0m) @ 13.20% U3O8
Best Assay in hole: 0.5m (104.5m to 105.0m) @35.9% U3O8
PLS13-082 (Line 795E)
41.0m (141.00m to 182.00) @ 1.25% U3O8, including
9.0m (167.5m to 176.5m) @ 4.94% U3O8
PLS13-097 (Line 795E)
48.0m (119.00m to 167.00) @ 0.99% U3O8, including
3.50m (160.5m to 164.0m) @ 6.00% U3O8
Ross McElroy, President, COO, and Chief Geologist for Fission, commented,
"Both R390E and R780E, have seen strong, sustained progress as high grade zones and remain open in all directions. Growth remains strong, with all six holes returning substantial mineralization, including some, like holes 104 and 082, returning sizeable high-grade intervals."
Composited % U3O8 mineralized intervals are summarized in Tables 1 and 2 below. Samples from the drill core are split in half on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories in Saskatoon, SK for analysis, while the other half remains on site for reference. All depth measurements reported, including sample and interval widths are down-hole, core interval measurements and true thickness are yet to be determined.
Full release here: https://www.marketwired.com/press-release/fission-hits-1320-u3o8-over-45-metres-in-497-over-130m-at-r390e-tsx-venture-fcu-1869184.htm