Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX-V
Sector: General Mining
Epic: .FIS
News: Latest news
Web Site: Fission Energy
Other Articles: 18-01-201007-12-200905-08-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Tuesday February 09, 08:53Mediterranean Oil & Gas doubles proven and probable reserves for Ombrina Mare to 40 mmbbls

The good news gave a welcome boost to the group's share price, sending the stock up nearly 15 percent in early trade.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Monday February 08, 10:19Western Uranium one to watch in manganese exploration in 2010

If BHP Billiton and Anglo American Corp's, Groote Eylandt Mining Company world class manganese mine is anything to go by, then Western Uranium's adjacent tenements look very interesting.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday February 08, 02:53Chindex International reports increasing medical and healthcare revenues

Healthcare products and services group Chindex International (NASDAQ: CHDX) reported increasing revenues as it continued to expand its operations in the People’s Republic of China (PRC).

FULL ARTICLE ►
Fission Energy

Fission Energy

Fission Energy Corp. is a Canadian based uranium exploration and development company with properties in Saskatchewan's Athabasca Basin, Quebec, and the Macusani District in Peru. In 2003-04 Fission assembled one of the largest exploration property portfolios in Saskatchewan's Athabasca Basin; home of the richest uranium deposits in the world. Fission's most valuable exploration asset is Waterbury Lake KEPCO Consortium Joint Venture, which is located in close proximity to Hathor's Midwest NE discovery ("Roughrider Zone") and the AREVA/Denison Midwest deposits.

CLICK HERE FOR FULL ANLAYSIS OF FISSION ENERGY
Wednesday, August 05, 2009

Fission Energy begins hunt for extension to Hathor Exploration's Roughrider Uranium Zone

by Proactiveinvestors company news image

Fission Energy (TSXV: FIS) confirmed that its highly anticipated drilling program at the Waterbury Lake Uranium Project ('Waterbury Project') was now underway. The Waterbury Project is locate in close proximity to Hathor Exploration's Roughrider Zone uranium discovery.

Fission Energy and its joint venture partner, the KEPCO Consortium, will drill seven holes at Waterbury. The first three holes will be testing for the possible high grade extension of the Roughrider Zone.

The KEPCO consortium is primarily comprised of Korean-based companies, led Korea Electric Power - a Korean government-invested diversified energy company with over US$83 billion in assets.

Hathor reported on June 30, 2009, high grade intersects of uranium only 10 meters from Fission's property boundary. Intersects reported by Hathor included an impressive 13 meters grading 18.12% U308 in drill hole MWNE-09-116. ole MWNE-09-129, collared approximately 20m to the south-west of hole MWNE-09-116 intersected 5 meters grading 15.65% U3O8.

"Last winter's geophysical surveys identified a number of new high priority drill targets, which further demonstrates the excellent potential exhibited by the 40,256 ha Waterbury Lake Property for hosting an undiscovered uranium deposit," Fission noted. "The summer drill program will also include two drill holes which will test a resistivity low anomaly, located in a previously unexplored area, approximately 8km to the southwest of the Denison-AREVA Midwest deposit. The final two holes will test a resistivity low anomaly located approximately 3 km north of Discovery Bay. These resistivity low anomalies may represent the signatures of structurally controlled hydrothermal alteration. Identifying such systems are a key to searching for uranium deposits."

Fission also reported that a property wide high resolution airborne magnetic survey was 70% complete.
"While exploration at Fission's Waterbury Lake project remains focused on the ground adjacent to Hathor's Roughrider Zone uranium discovery, the Company is making considerable progress in identifying multiple new priority targets from ongoing geophysical programs on this large, strategically located property. The Waterbury Lake Property is located in the northeast part of the Athabasca Basin, where several open-pit uranium deposits, including Midwest Lake, McClean Lake, and Rabbit Lake, are found."

AddThis Feed Button
Register here to be notified of future Fission Energy articles.

Other Fission Energy articles


Other Fission Energy news

More news ►

Investors interested in Fission Energy recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.