URANIUM: More high grades from Fission's PLS

The Fission camp at Patterson Lake South. (Image: Fission Uranium)

SASKATCHEWAN - Fission Uranium of Kelowna, B.C., has drilled nine more high grade holes at its Patterson Lake South uranium project near the southwest rim of the Athabasca Basin. All the holes were drilled in the R780E zone of the Triple R deposit.

Here are the assay highlights:

Hole PLS18-588: 50.5 metres at 8.21% uranium oxide, including 15.5 metres at 23.89%;Hole PLS18-584: 42.0 metres at 5.66% uranium oxide, including 9.5 metres at 18.72% and 1.0 metre at 8.44%; andHole PLS18-586: 27.7 metres at 6.34% uranium oxide, including 2.0 metres at 9.29% and 5.5 metres at 26.03%. A separate, deeper intersection returned 17.0 metres at 0.79%, including 4.0 metres at 2.46%.

Fission will use these latest drill results as it completes a pre-feasibility study for PLS, due to be released by the end of this year.

Learn more about the world's most awarded uranium explorer at www.FissionUranium.com.

Gold stocks down as metal and equities momentum fades

Another Kazatomprom guidance announcement shakes uranium price

Major monetary drivers still supporting gold

Gold stocks gain on metal rise and continued equities rebound

Big Gold stocks outperform Big Base Metals