Specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia

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Fission Uranium Corporation Profile

About Fission Uranium Corp.

Fission Uranium Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture Exchange under the symbol "FCU".

Patterson Lake South Property

The 31,039 hectare PLS project is a 50%/50% Joint Venture held by Fission Uranium Corp. and Alpha Minerals Inc (AMW). Fission is the Operator. PLS is accessible by road with primary access from all-weather Highway 955, which runs north to the former Cluff Lake mine, (>60M lbs of U3O8 produced), and passes through the nearby UEX-Areva Shea Creek discoveries located 50km to the north, currently under active exploration and development. An updated map highlighting the extended radon survey at PLS can be found on the Company's website at http://www.fissionuranium.com/projects/patterson-lake-south-sk/.

Summary of Radon Anomalies

A total of eleven targets have been identified, including six along the southern conductor in the Patterson Lake corridor. In the farthest east area of this conductor on Patterson Lake, there are two radon anomalies close to two drill holes, selected earlier from geophysical data, and which intersected clay alteration. This is a priority area for follow-up drilling this summer.

One target lies between the path of the South Conductor and the Central conductor. This is a central area crossed by Line 1320 E where the trace of South Conductor has been interrupted and the trace of the Central Conductor is showing a strong flexure, which is interpreted as an important north-south cross structure.

Three targets are indicated on the Central Conductor, with one located near Line 960 E due north of the zone R780E and the other two lie on each side of Line 1920 E.

A further target lies on the south side of the Northern Conductor, close to Line 1440 E.

Last changed at 01-Dec-2014 06:38AM by RockLicker