Articles Tagged "Fission Uranium Corp."

Fission Uranium Intersects 103 Meters Composite Mineralization Including 10.45 Meters Off-Scale, Merges Two Zones

Uranium – Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) reported new results from seven angled drill holes at its Patterson Lake South property in Saskatchewan's Athabasca Basin. All seven holes returned wide mineralization, and have resulted in the merging of two zones at the property.

Fission Uranium Announces $12.5 Million Private Placement

Uranium – Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) has entered into a letter of engagement with Dundee Securities Ltd. on behalf of a syndicate of underwriters. Under the terms of the agreement, the underwriters have agreed to purchase 8,350,000 flow-through common shares of Fission on a "bought deal" basis at a price of $1.50 per flow through share, for total gross proceeds of $12,525,000.

Fission Uranium Reports 6.41% U3O8 Over 12 Meters, Three New High Grade Holes

Uranium – Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) reported results from winter drilling at six holes drilled at the R780E zone and one hole on the R00E zone at its Patterson Lake South property. Highlights included holes PLS14-201 (line 855E), which returned composited assay intervals including 26.41 percent U3O8 over 12.0 meters within an interval of 12.12 percent U3O8 over 27.0 meters.

Fission Uranium Hits Off-Scale Mineralization in 7 holes at Patterson Lake South

Uranium – Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) reported results from the first 14 drill holes from its Patterson Lake South summer drill program. Notably, all 14 holes returned wide mineralization, with seven angled holes and three vertical holes returning substantial intervals of off-scale (>10,000 cps) radioacticity.