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Fission Uranium (V.FCU) releases more drill results in Athabasca PLS

Chris Parry Chris Parry, Stockhouse.com
0 Comments| November 12, 2013

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Major Athabasca player, Fission Uranium (TSX:V.FCU, Stock Forum), announced another pair of drill results today, further adding to a burgeoning R600W zone in the Patterson Lake South play.

From a company news release:

The holes expand the new zone by 10m north and 15m east respectively. Of note is hole PLS13-121, which intersected 16.8m total composite mineralization, at a more shallow depth than hole PLS13-118 (see news release Nov 4th, 2013) and includes a 0.05m horizontal vein of semi-massive pitchblende with accompanying off-scale (>9999 cps) radioactivity.

Ross McElroy, President, COO, and Chief Geologist for Fission, said, "Having discovered the sixth zone at PLS just one week ago, we're delighted to see R600W already expanding. It is also very encouraging to find substantial mineralization with stronger radioactivity, and at a more shallow depth, than the zone discovery hole for this zone."

The 31,039 hectare PLS project is a 50%/50% Joint Venture held by Fission Uranium Corp. and Alpha Minerals Inc (TSX:T.AMW, Stock Forum).

Other players in the area include NexGen (TSX:V.NXE, Stock Forum), Azincourt (TSX:V.AAZ, Stock Forum), and microcap players Aldrin Resources (TSX:V.ALN, Stock Forum) and Makena Resources (TSX:V.MKN, Stock Forum).


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