Our latest drill results at PLS have hit yet more off scale radioactivity and doubled the strike length of the R390E zone – one of the three discovery zones at our PLS property. I recommend checking out the latest press release for the full details.
All four holes intersected off-scale radioactivity within broader zones of significant mineralization and two of the holes (PLS13-061 and PLS13-066) have extended the high-grade mineralized section of the zone 15m to the west and 15m to the east respectively. This zone has now been delineated with 9 drill holes and importantly, it remains open in all directions.
As you know, we’re still in the process of an active exploration program including 9,000m to 10,000m of drilling and are taking maximum advantage of the existing winter ice. The entire drill program has, in my opinion, been a huge success – as can be seen from the tremendous news flow that we’ve experienced over the last couple of months. With each new set of results our PLS discovery has made another big leap forward – providing shareholders with increasing value as we get closer to the finalization of the Denison deal and the launch of the SpinCo – Fission Uranium Corp.
I’ve pasted in the latest drilling highlights below and again, recommend that you check out the release
• Holes PLS13-061 and 066 have doubled the strike length of the high grade core as intersected in holes PLS13-038, 051 and 053 to 60m.
• PLS13-066 (L420E) intersected 64.0m of weak to strong mineralization (81.5m – 145.5m) with a total of 5.57m of off-scale (>9999 cps) radioactivity
• PLS13-061 (L360E) intersected four mineralized radioactive intervals (76.5m – 140.0m) ranging in strength from weak to strongly radioactive and in width from 1.0m to 30.5m, including a 30.5m of interval ranging from weak to strong mineralization (109.5m – 140.0m) with a total 4.13m of off-scale (>9999 cps) radioactivity
As ever, please don’t hesitate to get in touch with any questions and be sure to connect with us on Twitter and LinkedIn for the latest updates.
Dev Randhawa