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: 13-08-201012-08-201026-07-2010

RSS - Subscribe to the News Today on Proactive UK ▼

Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

FULL ARTICLE ►
Fission Energy

Fission Energy

Fission Energy Corp. (TSX.V-FIS) is a Canadian based uranium exploration and development company with properties in Saskatchewan's Athabasca Basin, Quebec, and the Macusani District in Peru. The Company's shares were spun-out as a distribution by Strathmore Minerals Corp (TSX.V-STM) in 2007. 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 the Waterbury Lake KEPCO Consortium Joint Venture., which is located in close proximity to Hathor's Midwest NE discovery ("Roughrider Zone")

CLICK HERE FOR FULL ANLAYSIS OF FISSION ENERGY
Tuesday, February 09, 2010

Fission Energy believes J-Zone could represent new significant unconformity style uranium occurrence

company news image

Fission Energy ("TSX-V: FIS) released additional highly encouraging exploration results from the Waterbury Lake Project winter drill program.

The Waterbury Project is being explored by a joint venture between Fission Energy and the KEPCO consortium.
The KEPCO consortium is a group of Korean based companies, including Korea Electric Power, Korea Hydro & Nuclear Power, Korea Nuclear Fuel, Hanwha Corp, and uranium investment company, Gravis Capital. The joint venture has set a budget of $2.68 million for the winter exploration program, which will include 7,500 meters of drilling (20 holes) and both Induced Polarisation (IP) and Electro-Magnetic (EM) surveys over 93 line kilometres.

Just two weeks ago, share in Fission Energy soared more than 100% in a day after the company reported anomalous radioactivity in drill hole WAT10-063A. Since then, share in the junior uranium explorer have continued higher, reaching a peak of 67 cents from a low of just 15 cents less than 2 months ago.

Yesterday, the company reported that three additional drill holes since completed in close proximity to WAT10-063A have also intersected "significant anomalous radioactivity", including a 4 meter interval, from 203.5 meters in drill hole WAT10-066 which was drilled 15 meters south of WAT10-063A. The 4 meter interval had a high radioactivity count, ranging from 500 cps to over 9999 cps.

Fisson Energy has now renamed the new zone the ‘J-Zone’. The J-Zone still remains open along strike and at depth, and despite the positive news, the company’s shares pulled back yesterday on profit taking.

"The J-Zone… may represent a new and significant unconformity style uranium occurrence located within the prospective East-West structural Corridor," Fission stated. "The East-West Corridor continues west from the J-Zone for approximately 3 km within Fission's Waterbury Lake Property. Evaluation of the East-West Corridor is ongoing, where a number of new high priority targets have been identified. Fission's technical team believes there is significant potential for multiple occurrences of high-grade uranium mineralization within this 3 km long corridor."

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.