07:06 AM EDT, 08/20/2024 (MT Newswires) -- Fission Uranium ( FCUUF ) on Tuesday said it completed the summer regional exploration drill program at the PLS uranium project in the Athabasca Basin region of Saskatchewan.
The company completed 15 holes, 14 of which targeted the Saloon Shear Zone. The remaining one hole tested the Far West target.
Around 90% of the 14 holes intersected anomalous radioactivity in multiple intervals in each hole, representing the strongest hydrothermal alteration and radioactivity encountered to date at the PLS outside of the Triple R deposit.
Drilling along the Saloon Shear Zone intersected anomalous radioactivity along 8 kilometers of strike length with most prospective results at the Saloon Main and East areas.
Of note, 13 holes intercepted anomalous radioactivity. Three holes located in the Saloon East area roughly 4 km southeast of the Triple R deposit hit strongly anomalous radioactivity in multiple zones over significant widths with peaks of 10,428 cps, 5,842 cps, and 12,777 cps.
"The Saloon Shear Zone continues to deliver extremely encouraging signs associated with high-grade uranium mineralization," said Fission CEO Ross McElroy. "The Saloon trend continues to be considered the top priority focus for future exploration activity."