Patterson Lake South R390E Zone map

Patterson Lake South R390E Zone map (Company)

The market has, so far, shrugged off more impressive drill results from Alpha Minerals (AMW:TSXV) and Fission Uranium (FCU:TSXV) this morning (FCU up $0.01).  Is there such a thing as ‘discovery fatigue’?  The company’s released assays from two holes from the Western and Eastern regions of the R390E zone at their PLS deposit.

The highlights include hole PLS13-072 which intersected 8.15% U308 over 34.5m including a high-grade core of 19.28% U308 over 7.5m.  Hole 072 hit mineralization near surface at a depth of only 61m and represents one of the most highly ranked holes at PLS, according to the grade times thickness value metric.  Hole PLS13-073 was, essentially, a dud. Hole 073 hit two lightly mineralized zones, encountering 0.25% U308 over 19.5m (from 102m to 121.5m) and 0.59% U308 over 10m (from 132.5m to 142.5m).

Here’s the release: Alpha Minerals JV Releases Assays from PLS