![]() The typical sequence of lithologies intersected at the Triple R deposit were cut, with the graphitic corridor occurring from approximately 150 - 160m down hole. PLSRC16-010 (line 1050W) was drilled to determine the location of the graphitic corridor to the west of R840W. The graphitic corridor was not intersected in either drill hole, and both were relatively unaltered. PLSRC16-008 / 009 (line 2085W) were drilled on the interpreted western extension of the PLG-3B EM 2016 infill TDEM conductor along a left stepping bend. Due to the discreet nature of the mineralization at R840W however there is still scope for further drilling in this area. Despite intersecting the graphitic corridor from 181 - 201m no uranium mineralization was detected. ![]() PLS12-017 intersected strong alteration and anomalous B and U, up to 174 and 27 ppm (TD), respectively. PLSRC16-007 (line 1275W) tested for the main graphitic corridor which hosts the Triple R deposit north of PLS12-017. * Hand-held Scintillometer Results On Mineralized Drillcore (>300 cps / >0.5M minimum) The 2D marine seismic survey is expected to begin in late August. In particular a 46.0m section between 515.0m and 561.0m, which includes a total composite mineralization of 6.0m with radiometric peaks up to 3400 cps, represents the deepest mineralization encountered to date beneath the R780E zone and reflects the potential to grow the deposit at depthĪs part of the activity towards the pre-feasibility study, the four soil overburdern geotechnical holes and five regional hydrogeology monitoring wells were completed successfully. Hole PLS16-503 (line 780E) intersected 74.0m of total composite mineralization, including 0.68m total composite of >10,000 cps, over a 425.5m section (135.5m to 561.0m).New mineralization discovered at depth beneath Triple R deposit.Successful drilling recently merged the R600W zone into the R840W zone. Hole PLSRC16-010 has intercepted anomalous radioactivity up to 460 cps in rock chips over 3.05m (156.97m to 160.02m) corresponding to a peak of 9,308 cps in down hole gamma survey, on line 1050W, 30m west of the high-grade, shallow and land-based R840W zone.30m west step-out RC hole shows potential to expand s R840W zone.PLS16-490 (1665W) returned anomalous boron (up to 775 ppm) and uranium (up to 115 ppm) pathfinder geochemistry approximately 600m west on strike from the R840W zone.Uranium Pathfinder elements drilled 600m west of R840W.All three areas warrant aggressive follow up in the next drill program." This is a virtually uncharted area for us and illustrates the potential to expand the Triple R resource at depth. Finally, it is important to mention the discovery of mineralization at depth beneath the Triple R deposit. ![]() We are also very pleased with the successful, high-grade step out, 30m west of the R840W zone, which confirms that the zone is wide open to the west. The discovery of uranium pathfinder elements in this area highlights the strong potential for mineralization as we push towards the high-grade boulder field, approximately 2.5km west of our 2.63km mineralized trend. "We are highly encouraged by the exploration drilling 600m west of the R840W zone. Ross McElroy, President, COO, and Chief Geologist for Fission, commented, The company considers all three discoveries a high priority for follow up.
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