ir@fissionuranium.com
www.fissionuranium.com
TSX SYMBOL: FCU
OTCQX SYMBOL: FCUUF
Development at PLS remains on budget and on schedule
In the Detailed Engineering phase, Fission will finalize the details of engineering designs, vendor supply packages and construction work packages to enable the Company to proceed with procurement, fabrication, installation and construction of the various components of the PLS project including mine development, processing plant and infrastructure.
- 32-hole geotechnical drill program to support the Detailed Design of:
- Tailings Management Facility (24 holes) - 910m of sonic drilling
- Waste Management and Landfill Facility (4 holes) - 80m of sonic drilling
- Ventilation shafts (4 holes) - 440m of sonic and diamond core drilling
- Program will be completed by early May
- Video featuring development highlights of
Fission's PLS Project now available
Uranium mineralization of the
The R1515W, R840W and R00E zones make up the western region of the
Mineralization along the Patterson Lake Corridor trend remains prospective along strike in both the western and eastern directions. Basement rocks within the mineralized trend are identified primarily as mafic volcanic rocks with varying degrees of alteration. Mineralization is both located within and associated with mafic intrusives with varying degrees of silicification, metasomatic mineral assemblages and hydrothermal graphite. The graphitic sequences are associated with the PL-3B basement Electro-Magnetic (EM) conductor.
The 31,039-hectare PLS project is 100% owned and operated by
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by
ON BEHALF OF THE BOARD
"Ross McElroy"
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of the Company which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca. The forward-looking statements included in this press release are made as of the date of this press release and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
SOURCE
© Canada Newswire, source