January 3, 2018
Fission Hits One of the Strongest Holes to Date at PLS
All holes drilled as part of a metallurgical study hit wide,
high-grade mineralization at R780E zone
KELOWNA, BRITISH COLUMBIA--(Marketwired - Jan. 3, 2017) - FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce the remaining assay results from its summer 2017 program at its' PLS property in Canada's Athabasca Basin region. The final three holes to report targeted the shallow, high-grade R780E zone as part of a metallurgical study for use in a pre-feasibility study on the high-grade Triple R deposit. All three holes returned substantial intervals of high-grade uranium. Of particular note are the results from hole PLS17-MET-C (line 660E), which intersected 144.0m of total composite mineralization, including a continuous interval of 108.0m @ 8.46% U3O8, the widest continuously mineralized intervals drilled on the Triple R deposit to date.
Metallurgical Study Highlights to Date Include:
High uranium recovery
Short leach times, using low acid concentrations and low temperatures
Low detection of deleterious elements in the mineralization
Mineralization characteristics conducive to low grinding power requirements
Assay Highlights
Include:
PLS17-MET-C (line 660E): key intervals
108.0m @ 8.46% U3O8 (56.5m to 164.5m), including:
9.0m @ 12.69% U3O8 (63.0m to 72.0m)
23.0m @ 15.43% U3O8 (76.5m to 99.5m)
8.5m @ 27.66% U3O8 (139.0m to 147.5m)
21.5m @ 1.90% U3O8 (189.0m to 210.5m), including:
8.5m @ 4.17% U3O8 (197.5m to 206.0m)