Below is a post recently written by Ross McElroy and published on my Fission CEO Corner. Continue Reading…
In the next two or three weeks, the drills will be turning at PLS. June has been a busy month completing and compiling the data for several regional grids with radon and ground gravity geophysics surveys. Continue Reading…
One of Fission Uranium’s directors, Anthony Milewski, had an article published this week by Mining Markets about current and future uranium prices.
Below is an article written by Anthony Milewski, Director of Fission Uranium. Continue Reading…
Below is a piece written by Ross McElroy, President, COO and Chief Geologist at Fission Uranium. Continue Reading…
Whether it’s the UK government’s bullish support for a new nuclear reactor construction program, or the recent production issues at the Olympic Dam (BHP) and Rossing (Rio Tinto) mines, there’s always something interesting happening in the nuclear energy and uranium markets. Continue Reading…
Between them, BHP’s Olympic Dam in Australia and Rio Tinto’s Rossing Mine in Namibia account for 8% of world uranium production and both recently suffered serious disruptions. Continue Reading…
Below is a an article written by Anthony Milewski of Fission Uranium. Continue Reading…
Andrew Bell, the host of BNN’s Commodities show interviewed me today on the show. If you missed it, you can find it here and sorry about the ads – no way of getting around them when linking to BNN’s site.
Dev Randhawa, CEO of Fission Uranium
In case you missed our latest press release, we’ve announced the assays from our last eighteen holes drilled in the large, high-grade R780E zone at PLS. Every hole hit and fourteen of them returned high-grade intervals, which is an excellent result. The best of them is PLS14-290 (line 735E), which returned composite assay intervals including 32.53% U3O8 Over 6.5M within a larger interval of 3.72% U3O8 over 64.5m.
All of these assays will feed directly into the upcoming 43-101 compliant resource estimate for the R00E and R780E zones and we’re delighted with such a strong finish to the summer zone drilling.
I’ve pasted the assay highlights below and I also wanted to share our President and Chief Geo’s overview of our largest zone to help communicate just how large it has become:
The R780E zone has been defined by drilling with a continuous strike length of approximately 905m (between lines 225E to 1155E) with narrow weakly mineralized intervals present an additional 30m to the west on strike on line 225E. Angle hole drilling from the 2014 program has traced a mineralized lateral corridor with a horizontal width of up to approximately 164m (line 885E). The R780E zone remains open along strike, laterally and at depth.
Assay Highlights Include:
Hole PLS14-290 (line 735E)
Key interval: 64.5m (133.5m to 198.0m) @ 3.72% U3O8, including:
6.5m (153.0m to 159.5m) @ 32.53% U3O8
82.0m of total composite mineralization >0.05% U3O8 over a 172.5m section (113.5m to 286.0m)
Designed as a scissor hole on line 735E (see note on Scissor Holes)
Hole PLS14-286 (line 495E)
Key interval: 21.9m (61.1m to 83.0m) @ 7.91% U3O8, including:
9.5m (70.5m to 80.0m) @ 17.30% U3O8
86.4m of total composite mineralization >0.05% U3O8 over a 103.9m section (61.1m to 165.0m)
Hole PLS14-276 (line 570E)
Key interval: 10.0m (71.5m to 81.5m) @ 13.84% U3O8, including:
4.5m (72.5m to 77.0m) @ 29.29% U3O8
47.0m of total composite mineralization >0.05% U3O8 over a 168.0m section (71.5m to 239.5m)
Dev Randhawa, CEO of Fission Uranium
