FISSION URANIUM CORP. (TSX: FCU) is preparing a two-prong drill programme at its award-winning PLS high-grade uranium project in Canada’s Athabasca Basin, with concurrent regional exploration as well as deposit upgrading.
The company has planned a 15-hole (~6,650m) regional drill programme to follow up on the highest priority target areas identified during a recent winter exploration programme. Additionally, a 19-hole (~5,830m) programme will focus on in-fill drilling the R1515W high-grade zone with the primary goal of upgrading the resource classification of the majority of the zone’s inferred resources to indicated for inclusion of the R1515W in the current mine plan. Drilling is expected to commence in early May.
Ross McElroy, president and CEO for Fission, commented,” We have two concurrent drill programmes at PLS commencing next month. The first will be further regional exploration following up on our very encouraging winter drill results which identified four particularly high priority areas. The second programme will focus on upgrading sections of the R1515W high-grade zone with the goal bringing it into the Triple R mine plan and schedule. By doing so, we have the clear potential to further increase our mine reserves and mine life.”
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