PLS

NEW PLS Winter 2014 Drill Program Update with Radon-in-Water (Photo: Fission)

Fission Uranium Corp (TSXV:FCU) released the first five holes from its winter drill program at the Patterson Lake South (PLS) uranium project in the Southwestern Athabasca Basin region of Northern Saskatchewan.

Hole PLS14-129 (line 600E), with 36.72 meters of off-scale (>9999 cps) mineralization at shallow depth, was the best hole drilled at PLS to date by over 50%.

All five holes intersected off-scale radioactivity and have further narrowed the gaps between the mineralized zones R390E and R945E by approximately 45m (12%).

A $12 million, 90 hole, 30,000 meter Winter drill program continues at PLS.

Meanwhile, at the adjacent property to the Northeast of PLS, NexGen Energy (TSXV:NXE) has embarked on their winter drill program at the Rook 1 property.

Shares in Fission were up 4.2% to $1.24 in early trading on Monday. With 314,382,259 shares outstanding, Fission a market cap of approx. $389.834 million.

News Release: FISSION HITS LARGEST COMPOSITE OFF-SCALE RECORDED AT PLS 36.72M TOTAL COMPOSITE “OFF-SCALE” (LINE 600E)