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To: Goose94 who wrote (3600)12/23/2013 8:16:02 AM
From: Goose94Read Replies (1) | Respond to of 203018
 
FCU-V news release Dec 23, '13

Assay Highlights PLS13-098 (line 585E) -- 16.5m (123.0m to 139.5m) @ 8.47% U3O8, including: -- 4.5m (131.0m to 135.5m) @ 26.36% U3O8 -- Best Assay in hole: 60.30% U3O8 over 0.5m (134.5m to 135.0m)

PLS13-083 (Line 315E) -- 17.5m (53.0m to 70.5m) @ 0.53% U3O8, including: -- 4.0m (56.0m to 60.0m) @ 1.63% U3O8

Ross McElroy, President, COO, and Chief Geologist for Fission, commented,

"These results confirm strong and steady growth at PLS. We are particularly encouraged by the high grades from the more eastern holes as the distance narrows between zones R390E and R585E to approximately 105m."

Composited % U3O8 mineralized intervals are summarized in Tables 1 and 2 below. Samples from the drill core are split in half on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories in Saskatoon, SK for analysis, while the other half remains on site for reference. All depth measurements reported, including sample and interval widths are down-hole, core interval measurements and true thickness are yet to be determined.

R585E Zone:

The R585E zone is located approximately 105m grid east of the easternmost defined edge of the R390E zone (defined by PLS13-088 on line 480E). The R585E discovery hole (PLS13-098) was targeted along the northern edge of the low resistivity feature, which is associated with the mineralized east-northeast trending pelitic corridor and a coincident radon in water anomaly. The geologic setting of the R585E zone is similar to other zones, consisting of mineralization primarily associated with sequences of steeply south dipping pelitic lithology with localized mylonites and cataclasites.