Fission Energy Corp. (TSXV:FIS,OTCQX:FSSIF) and its Limited Partner, the Korea Waterbury Uranium Limited Partnership reported the final results for the 2012 summer drill program.
As quoted in the press release:
Fifteen holes intersected mineralization returning assay grades >0.05% U3O8, which is the cut-off grade used in its NI 43-101 current resource estimate.
Holes WAT12-312, 316, and 319 completed on three separate lines within Area “B” returned the best assay results:
- Hole WAT12-312 (Line 420W) intersected 16.5m (203.5m-220.0m) grading 1.07% U3O8, including 1.5m of 8.24% U3O8
- Hole WAT12-316 (Line 315W) intersected 5.5m (201.0m-206.5m) grading 2.88% U3O8, including 1.0m of 14.82% U3O8
- Hole WAT12-319 (Line 360W) intersected 5.0m (205.5m-210.5m) grading 0.99% U3O8, including 1.5m grading 2.35% U3O8