Monday, 25 March 2013

Fantastic assay results at PLS


And the assay results are… 34m of 4.92% U3O8, Including 12.5m at 12.38%. When it comes to uranium these are huge results and they really do underline why all eyes are on Fission and PLS! You can read the press release here.

If you’ve been following the PLS story you’ll know that the first hole drilled on the R390E zone (hole PLS13-038) had the sort of scintillometer results that made industry observers sit up and stare and below you’ll find the assay results for that hole.

Our team was confident that we would have grades this high but it’s always satisfying to see the results come in. Here’s what Ross McElroy, our President and Head Geologist and the driving technical expertise behind PLS since  we first started working on it in 2008, had to say: “High grades, wide intercepts, shallow depth – the three critical elements of successful mineral exploration. The Winter program, which is still ongoing, continues to enjoy phenomenal success and we will continue to share results as soon as they come in."

Here are the drill result highlights and please don’t hesitate to get in touch with any questions.

Composited drill hole mineralized intersections for PLS13-038 returned two broad zones of uranium mineralization:

UPPER URANIUM ZONE = 34m (87.0m – 121.0m):
34.0m @ 4.92% U3O8;
Includes 12.5m @ 12.38% U3O8
LOWER URANIUM ZONE = 17.5m (126.5m – 144.0m)
17.5m @ 0.96% U3O8;
Includes 5.5m @ 2.07% U3O

Dev Randhawa