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
