In case you missed our latest press release, we’ve announced our first batch of PLS summer drill program assays – all of which are from the zone drilling. For those of you who may be new to Fission, the summer drill program was split into zone drilling and exploration drilling. Zone drilling focused on further expanding the mineralized zones discovered in prior drill programs, while exploration drilling tested a number of prospective targets elsewhere on the property.
As you know from the scintilometer results we released during the program, we hit on every zone hole. This is an important fact because at the end of this year we aim to have our 43-101 Maiden Resource Estimate in place and every hit will add directly to the number of pounds included in the 43-101.
The press release has the detailed information but the key takeaways are that all 29 holes hit mineralization at shallow depth, our largest zone (R780E) has expanded laterally along strike and the best hole in the batch – hole PLS14-248 (line 825E) – has been confirmed as the second strongest hole to date.
Holes like PLS14-248 are not just reminders of the great potential that PLS has. They also add substantial lbs to a resource. This particular hole returned composite assay intervals including 35.13% U3O8 over 16.5m within a larger interval of 13.23% U3O8 over 47.5m. This corresponds to an interval GT value (Grade %U3O8 x Thickness in meters) of 628.5, making this the strongest discrete mineralized interval drilled at PLS to date. The composite GT value for the entire hole is 698.4.
If you have any questions, don’t hesitate to get in touch and be sure to follow us on Twitter and LinkedIn for regular updates.
Dev Randhawa, CEO of Fission Uranium
