May 4, 2015
Fission Hits 28.32% U3O8 Over 12.0M at R600W Zone
PLS15-352 returns one of the top five strongest mineralized holes at PLS and continues the strong, high-grade growth of shallow, land-based R600W
KELOWNA, BRITISH COLUMBIA--(Marketwired - May 4, 2015) - FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce assays from ten angled holes drilled on the R600W, R00E and R780E zones at its' PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. Of exceptional note is the continued strong growth of the land-based R600W zone. Located half a kilometer west of the Triple R deposit, this zone is an important and extremely prospective area with world-class grades and near-surface mineralization similar to the Triple R deposit. Drilled at this zone, hole PLS15-352 (line 615W) returned high-grade, shallow depth mineralization including 28.32% U3O8 Over 12.0M within a larger interval of 11.09% U3O8 over 31.5m. With a grade x thickness (GT) value of 349.5, this exceptional intersection places PLS15-352 as one of the top five strongest mineralized holes at PLS and is further validation of the potential and importance of the high-grade discovery of the R600W zone.
Ross McElroy, President, COO, and Chief Geologist for Fission, commented,
"We are continuing to see spectacular high-grade growth at R600W. With high-grade mineralization very near to surface, this land-based zone is located half a kilometer on trend from the Triple R deposit and remains open in all directions. The strength of the assays and robustness and style of the intersection show remarkable similarities to the Triple R deposit and continue to impress us. The addition of the spectacular mineralized intersection in PLS15-352, significantly upgrades the potential of the R600W zone. We are also very pleased to see further R780E zone growth on multiple lines."