Nov 20 2013
FISSION URANIUM CORP. the Operator, and its Joint Venture partner Azincourt Uranium are pleased to provide an update on its geophysics surveys and drill target selection at their Patterson Lake North (PLN) property in Canada's Athabasca Basin.
A number of high priority drill targets have now been selected for the 2500m to 3000m winter drill program. Geophysics will follow up results from October's MT survey to define additional targets.
Upcoming Winter 2014 Program Highlights
- 8-10 drill targets planned in 2500m to 3000m of drilling
- Radon survey sampling at Hodge Lake in central part of the property
- 3 to 5 regional lines of detailed EM survey, to provide further resolution of EM conductors and orient a future summer 2014 resistivity survey.
- Drill holes to test following areas: ◦North-northwest trending central conductive meta-sedimentary belt
- Geophysical anomalies under Hodge Lake
- Prospective north-northwest trending conductor)
Ross McElroy, President, COO, and Chief Geologist for Fission, commented,
"We have defined a number of high priority drill targets. Additional geophysics work will follow up the strong results delivered by the airborne survey in October. The work will include using Radon sampling in frozen ice conditions - similar to the technique we used at Patterson Lake South. Results will be used to finalize additional drill targets for the upcoming winter drill program."
North-South Conductive Package
A VTEM Max (versatile time-domain electromagnetic) airborne geophysics survey completed in August 2013, resulted in the discovery of an 8-km long north-south trending package of conductive basement rocks (see News Release dated October 08, 2013). A 5-km follow-up Internal Field Gradient Magneto-Tellurics (MT) ground geophysics survey test line over the northern portion of this package has been completed by EMPulse Geophysics Inc. at 100m stations. While final inversion results are pending, the preliminary interpretation suggests that the conductive package is comprised of a series of parallel west dipping basement EM conductors.
The southern part of this trend is interpreted to be a "U-shaped" west dipping folded feature.
A series of 3 to 5 regional lines of detailed EM survey are planned for the 2014 Winter program, to provide further resolution of the EM conductors and to orient a future summer 2014 resistivity survey. It should be noted that many structurally controlled high-grade uranium occurrences in the Athabasca Basin are related to hydrothermal alteration systems associated with basement EM conductors.