RE: Drill Results?KELOWNA, BRITISH COLUMBIA, Apr 06, 2010 (MARKETWIRE via COMTEX News Network) --
FISSION ENERGY CORP. (TSX VENTURE: FIS) ("Fission" or the "Company") announces it has completed four additional vertical oriented step-out drill holes (WAT10-089, 091, 093, 095) and one angled step-out hole (WAT10-096), which have extended the J-Zone's east-west trending mineralized strike length to approximately 90m and 50m wide, north-south. Three of the five holes intersected highly radioactive mineralization at the unconformity, with holes 091 and 089 identifying "off-scale" (cps greater than 9,999) radioactivity intercepts of 2.19m and 0.05m respectively.
Hole WAT10-091 has extended mineralization approximately 10m to the south of hole WAT10-071 (6.0m grading 14.70% U3O8, including 4.0m of 21.20% U3O8; see news release dated March 15, 2010). Drill holes WAT10-089 and 093 were drilled to the west along strike. Hole 093, which is now the furthest vertical step-out to the west, intersected high levels of radioactivity over 1.5m (195.0m-196.5m), while hole WAT10-096, located 10m east of the discovery hole WAT10-063A, intersected anomalous radioactivity over 3m (211.0-214.0). No anomalous radioactivity was identified in hole WAT10-095, which was drilled approximately 65m east of the "J-Zone".
Drilling continues to demonstrate that mineralization is trending laterally to the west, in addition to remaining open both to the north and south. The completion of these latest five drill holes marks the conclusion of Fission's winter program at Waterbury Lake. Of the 26 drill holes that tested the J-Zone, 21 holes intersected mineralization at or near the unconformity for a mineralized intersection success rate of 81%. Assays are pending on 16 drill holes, and will be reported as the Company receives them.