Fission drilled the first holes of the 90 Holes large drill program at PLS

 

 

Fission drilled the first holes of the 90 Holes large drill program at PLS

Large-scale holes with 20 My. $ Budget für 2014 - Extension of the zones and determining new objectives

FISSION URANIUM CORP. (“Fission” or "the Company”) is pleased, the Start des 90 Hole comprehensive winter drilling- to announce and geophysical program at the PLS property in Saskatchewan's Athabasca Basin. The Bohrfokus on the high grade uranium discovery will be narrowing down seven zones in shallow depths, which have been already determined, while the gaps to be eliminated between the zones. In addition, target 15-20% the holes it from, new, to test particular priority objectives, which have been discovered by geophysical and radon gas testing. The winter program is 12 My. $ cost and is part of the overall 20 My. $ Budgets, which for 2014 was planned as an exploration budget for PLS.

The current drilling program is the most aggressive and applied to the largest program, that the company has performed so far. The previous two drilling programs had a hit rate of more than 86% with various high-grade results which PLS from a single discovery has become a trend with seven zones and a strike length of 1,78 Km anwuchs The. All seven zones remain open in all directions.

Interview mit Ross McElroy:

http://www.commodity-tv.net/c/mid,3159,Companies_und_Projects/?v = 107525

Ross McElroy, President, COO and Chief Geologist of Fission said:

“The enormous success of the PLS drilling program provided us not only seven mineralized zones at shallow depths, but also a solid understanding of project geology. While the growth and connection of the Zones is our main goal, showed the radon survey and geophysics also a number of promising targets which are now being tested.”

The most important technical information:

30.000 m drill program with 5 Diamond drill rigs. 80-85% which serves to delimit: several closely spaced holes to test mineralization outside of the known locations, to the high-grade zones previously identified five (R00E, R390E, R585E,Und R780E R945E) to enlarge and reduce the gaps between.

15 – 20% the drilling program dedicated to the exploration and testing of electromagnetic (IN) Veins. These core objectives are prioritized according to results of ground geophysics and radon tests (see Company announcement from 13. January 2014).

The aim of the holes is also testing an extension to the east of the high grade mineralization of the R945E zone, regarding the abnormal mineralized R1155E, where mineralization to the east is open.

The area remains extremely prospectively over many miles in the vicinity of known mineralization along strike in both directions: West-south-west and east-north-east.

Patterson Lake South Gelände

The 31.039 Ha great PLS project is to 100% owned by the Fission Uranium Corp.. Fission is the Operator. PLS is accessible by road and has a year-round access from the main highway 955 from, which runs north of the former Cluff Lake mine and the nearby UEX-Areva Shea Creek discovery about. 50 Km north which currently runs in an active exploration and development is. Updated maps and Scintillometertabellen for R390 and R780E zone zone can be found on the Company's website: http://fissionuranium.com/project/pls/maps/dp/

The technical information in this press release are in accordance with the rules of the Canadian National Instrument 43- 101 made and on behalf of the company by Ross McElroy, P.Geol. President von und COO Fission Uranium Corp. tested. He is a Qualified Person.

Über Fission Uranium Corp.

Fission Uranium Corp. is a Canadian mineral exploration company and has focused on the strategic acquisition, Exploration and development of uranium deposits located in Kelowna, British Columbia spezialisiert. The common shares are listed on the TSX Venture Exchange under the symbol “FCU” listed. In addition, the shares on the OTCQX in the U.S. under the symbol “FCUUF” traded.

On behalf of the Board
„Ross McElroy”

Ross McElroy, President and COO

FOR FURTHER INFORMATION PLEASE CONTACT TO:
Fission Uranium Corp.
Rich Matthews
Investor Relations
TF: 877-868-8140
rich@fissionuranium.com
www.fissionuranium.com

and in the German-speaking:

Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource-capital.ch

Risk Warning: Certain information included in this press release “forward-looking information”, importance in the Canadian jurisprudence. Generally speaking, these forward-looking statements can be identified by terms such as “planned”, “expected” or “not expected”, “is expected”, “Budget”, “planned”, “valued”, “Predictions ", “intended”, “assumed” or “.not expected”, or “believed”, or variations of such words and phrases. Can also enter certain acts or events such as "may”, “could”, “would”, “maybe” or “possibly ", “occur”, “can be achieved” or “has the potential for”. Forward looking statements contained in this press release regarding the spin-off and listing of the fission of uranium and future operations. Or financial performance of Fission and Fission Uranium concern may involve known and unknown risks and uncertainties. Current results and statements may differ materially from expected and predicted the statements made in the forward-looking statements. Such statements are indicated in their entirety by the inherent risks and uncertainties caused by future expectations. Events may affect the actual results are strongly: Market conditions and other risk factors that can occur in our documented reports by the Canadian securities commission. These can be found at SEDAR at www.sedar.com. The forward-looking statements in this press release are derived from date of this press release and the Company and Uranium Fission assume no responsibility or liability for any change in the forward-looking statements, or the resulting new events, except that the exchange right will be announced according to the rules of the Canadian. It is only the English original version of this release.

Those: IRW-Press.com.

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