The report summarizes the Pre-Feasibility Study ("UG PFS"), which outlines an underground-only mining scenario for PLS which to date has only considered the R00E and R780E zones. The Company completed and filed a prefeasibility "PFS" study on Novemtitled "Pre-Feasibility Study on the Patterson Lake South Property Using Underground Mining Methods, Northern Saskatchewan, Canada". R1620E is located ~210 m along strike to the east of R780E, and is drill defined to ~185 m in strike length. R780E is located ~225 m to the east of R00E and has a drill defined strike length of ~945 m. Both zones are located beneath Patterson Lake where water depth is generally less than six metres and overburden thickness is generally about 50 m. The R780E zone and R1620E zones make up the eastern region of the Triple R deposit. R00E is located ~485 m to the east along strike of R840W and is drill defined to ~115 m in strike length. R840W is located ~515 m to the east along strike of R1515W and has a drill defined strike length of ~430 m. R1515W is the western-most of the zones and is drill defined to ~90 m in strike-length, ~68 m across strike and ~220 m vertical and where mineralization remains open in several directions. The R1515W, R840W and R00E zones make up the western region of the Triple R deposit and are located on land, where overburden thickness is generally between 55 m to 100 m. The discovery hole was announced on Novemwith drill hole PLS12-022, from what is now referred to as the R00E zone. Through successful exploration programs completed to date, Triple R has evolved into a large, near surface, basement hosted, structurally controlled high-grade uranium deposit. From west to east, these zones are: R1515W, R840W, R00E, R780E and R1620E. Uranium mineralization of the Triple R deposit at PLS occurs within the Patterson Lake Conductive Corridor and has been traced by core drilling over ~3.18 km of east-west strike length in five separated mineralized "zones" which collectively make up the Triple R deposit.
PLS Mineralized Trend & Triple R Deposit Summary Within the Triple R deposit, individual zone wireframe models constructed from assay data and used in the resource estimate indicate that all 5 zones have a complex geometry controlled by and parallel to steeply south-dipping lithological boundaries as well as a preferential sub-horizontal orientation. The orientation of the mineralized intervals tend to follow that of lithologic contacts, and generally dip steeply to the south. All depths reported of core interval measurements including sample and interval widths are down-hole and are not always representative of true thickness. All analysis includes a 63 element ICP-OES, uranium by fluorimetry and boron. All analysis includes a 63 element ICP-OES analysis and boron. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK for analysis which includes U 3O 8 (wt %) and fire assay for gold, while the other half remains on site for reference.
Where possible, samples are standardized at 0.5m down-hole intervals. Samples from the drill core are split in half sections on site.
The holes include PLS21-624 (line 630W), which intersected a continuous interval measuring 46.0m 8.01% U 3O 8, incl 19.0m 18.27% U 3O 8, and total composite grade x thickness "GT" value of 368.8 and PLS21-635 (line 750W) with a continuous interval measuring 51.5m 2.71% U 3O 8, incl 8.0m 14.58% U 3O 8, and a total composite GT value of 139.6.Ĭomposited % U 3O 8 mineralized intervals are summarized in Table 1.
#Fission uranium drill results upgrade
The goal of the resource drilling is to upgrade the majority of the R840W zone to Indicated classification, for potential inclusion in the resource used for the Feasibility Study. All 25 holes hit mineralization, with nineteen intercepting significant intervals of high-grade mineralization. (" Fission" or " the Company") is pleased to announce results from its resource upgrade drill program on the R840W zone of the high-grade Triple R deposit at its' PLS project, in the Athabasca Basin region of Saskatchewan, Canada. Strong results include some of the best holes drilled to date at R840W
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