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Fission Uranium Completes Resource Upgrade and Growth Drilling at PLS Property in Athabasca Basin
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Fission Uranium Completes Resource Upgrade and Growth Drilling at PLS Property in Athabasca Basin
Jul 17, 2024 5:01 AM

07:39 AM EDT, 07/17/2024 (MT Newswires) -- Fission Uranium ( FCUUF ) , which lost 2.3% yesterday, earlier Wednesday announced results from the final 13 drill holes on the R1515W zone at its PLS property, in the Athabasca Basin region.

All holes intercepted wide intervals of mineralization, with nine holes additionally hitting high-grade sections, the company said. Of particular note, PLS24-664 intersected 6.74m of total composite >10,000 counts per second (cps, a measure of radioactivity) in 77 m of total composite mineralization.

Another hold, PLS24-663 intersected 5.79m of total composite >10,000 cps in 50.4m of total composite mineralization.

Fission said the R1515W upgrade program is now complete. Results will be used to upgrade the resource classification of the zone from mostly inferred to indicated and higher, for potential inclusion in the current mine plan.

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