Fission Energy Plans 20 Hole Winter Exploration Program
Post by Melissa Pistilli, Uranium Reporter
Fission Energy Corp. and its joint venture partner, the KEPCO Consortium, reports its forthcoming exploration plans for its 2010 Waterbury Lake uranium project.
To date, the KEPCO Consortium has invested $10 million at Waterbury Lake. By spending a cumulative total of $14 million by the end of 2010, the Consortium will have earned a 50% interest in the project. The proposed 2010 winter program is expected to include approximately 20 drill holes totalling an estimated 7,500m. Exploration will continue to follow-up previous programs completed in the East-West trending Corridor, in addition to newly identified regional targets. The approximate 3km prospective East-West Corridor straddles Hathor Exploration’s Midwest NE property, where it was recently announced that a 200m step-out hole (MWNE-09-170) located east of the Roughrider Zone intersected 28m grading 12.71% U308.
To read full press release, click here.
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