Mining exploration in Saskatchewan is generating some excitement in the Okanagan.
Ross McElroy, president of Kelowna-based Fission Uranium, met recently with Vernon investors to go over recent drill results in the Athabasca basin.
“We are very excited by the results of these drill holes, not only because of the width and strength of the mineralization but of the confirmation that the land-based zone has notable mineralization similarities to the Triple R deposit’s zone 1.5 kilometres to the east,” he said.
“These similarities, including multiple stacked lenses, are the reason why the widths we’ve encountered in these last two holes, are so impressive. These features have the potential to rapidly grow mineral resources. It is still at an early stage and these drill results are highly promising.”
The 31,039 hectare Patterson Lake South project is 100 per cent owned and operated by Fission Uranium Corp.
PLS is accessible by road with primary access from all-weather highway 955, which runs north to the former Cluff Lake mine and passes through the nearby UEX-Areva Shea Creek discoveries located 50 kilometres to the north, currently under active exploration and development.
McElroy says meeting with Vernon investors was important.
“The entire Fission management team and board of directors have always had great support from the Okanagan valley as many of our original long term shareholders have been with us for years,” he said.