Fission Uranium’s summer exploration program at its Patterson Lake South project in Canada’s Athabasca Basin produced three new discoveries that have potential to expand the property’s already significant resources.
First, approximately 600 m west on strike from the R840W zone of Patterson Lake South’s Triple R deposit, an exploration hole returned anomalous pathfinder geochemistry, including up to 115 ppm uranium and up to 775 ppm boron.
Second, in step-out drilling 30 m west of the R840W zone, a reverse circulation hole encountered anomalous radioactivity in rock chips, corresponding to a peak of 9,308 cps in down-hole gamma probe.
And third, an exploration hole probing deeper below the Triple R deposit’s R780E zone intersected anomalous radioactivity representing the deepest mineralization on the deposit to date and potentially opening up an entirely new area for exploration.
Fission’s President, COO, and Chief Geologist Ross McElroy said, “We are highly encouraged by the exploration drilling 600 m west of the R840W zone. The discovery of uranium pathfinder elements in this area highlights the strong potential for mineralization as we push towards the high-grade boulder field, approximately 2.5 km west of our 2.63-km mineralized trend.
“We are also very pleased with the successful, high-grade step out 30 m west of the R840W zone, which confirms that the zone is wide open to the west.
“Finally, it is important to mention the discovery of mineralization at depth beneath the Triple R deposit. This is a virtually uncharted area for us and illustrates the potential to expand the Triple R resource at depth.