by Greg Klein | September 4, 2013
With the ink barely dry on their LOI, Alpha Minerals TSXV:AMW and Fission Uranium TSXV:FCU released more drill results on September 4—assays this time, instead of the steady stream of scintillometer readings. And this time, according to Fission president/COO Ross McElroy, a single hole provided “not only the best results to date on the PLS property, but on a level with the best holes within the Athabasca Basin district.”
Sunk on the western part of R390E, the second of four zones extending from southwest to northeast, hole PLS13-075 showed a highlight of:
- 9.08% uranium oxide (U3O8) over 54.5 metres, starting at 61 metres in vertical depth
- (including 21.76% over 21.5 metres)
Additional results from the same hole showed:
- 0.09% over 0.5 metres, starting at 57.5 metres
- 0.07% over 7.5 metres, starting at 118 metres
- 0.24% over 11.5 metres, starting at 130 metres
- 0.65% over 2 metres, starting at 146.5 metres
- 0.71% over 1.5 metres, starting at 151 metres
- 0.06% over 0.5 metres, starting at 157 metres
- 0.27% over 2.5 metres, starting at 160 metres
- 0.27% over 1 metre, starting at 176.5 metres
True widths were unavailable. The vertical hole reached a total depth of 248 metres and was collared 30 metres grid west of PLS13-061, which last June showed 1.39% U3O8 over 23.5 metres starting at 110 metres, including 4.34% over 6 metres.
The 50/50 joint venture’s $6.95-million campaign will include additional drilling on the R390E zone, which has the largest of the lake water radon anomalies found last winter.