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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.


TSX:FCU - Post by User

Bullboard Posts
Comment by epzon Apr 05, 2014 9:38pm
325 Views
Post# 22416704

RE:RE:Fission Drilling beyond 1620E

RE:RE:Fission Drilling beyond 1620E

Line 2190E – Hole PLS13-040, a vertical hole, was drilled approximately 2.2km to the east along strike of R00E.  Bedrock was encountered at 54.5m and consisted of primarily semipelitic and pelitic gneiss (locally graphitic from 86.9 – 97.3m) to 109.5m.  A possible mafic rock was encountered from 109.5m to the end of hole (182.0m).  Significant clay alteration was present over several intervals from 54.5m to 109.5m, including an interval of sulphide (pyrite) mineralization from 89.0 – 97.3m.  Overall uranium values were low ranging from <2ppm to 17ppm, moderately elevated between 83.5m – 106.5m (4ppm – 17ppm), coincident with the interval of sulphide mineralization.

Line 1995E – Hole PLS13-042 a vertical hole was drilled approximately 2.0km east of R00E.  Bedrock was encountered at 45.0m and consists of alternating sequences of semipelitic and pelitic gneiss (locally graphitic) to the end of hole at 203.4m.  Moderate to strong chlorite alteration is present from the top of the basement to 121.2m.  From 121.2m to 200.0m, alternating sequences of moderate to strong chlorite alteration and sulphide mineralization are present throughout.  Overall uranium values were low but showing a moderate elevation between 106.0m – 196.5m (4ppm – 59ppm), coincident with the interval of sulphide mineralization.

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