Fission Uranium Corp. (
TSX: T.FCU,
Stock Forum) shares rose 0.81% to $1.25 on Wednesday after the company released results from drilling near its Triple R deposit in the Athabasca Basin region of Saskatchewan.
The four angled holes were drilled on the R600W zone, over half a kilometre west of Fission’s Triple R deposit on the Patterson Lake South project.
All four holes are mineralized,
the company said in a press release.
“We recently intersected high-grade mineralization at zone R600W – full 555 metres west of the Triple R deposit,’’ said Fission President, and chief geologist Ross McElroy.
“A few step out holes later and we have expanded the footprint of the R600W zone to the north and west and substantially increased our understanding of the geometry and tenure of mineralization,’’ he said.
“These latest results are a clear indication that R600W is shaping up to be an important zone.’’
The 31,039-hectare Patterson Lake South (PLS) project is 100% owned by Fission Uranium.