FISSION ENERGY (FIS.V) - Hathor Area Play mit vielversprechenden Uran-Properties (Seite 145)

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Jetzt wollen Sie es wissen:

press release

Jan. 26, 2012, 8:31 a.m. EST

http://www.wallstreet-online.de/diskussion/1150285-911-920/f…

Fission Increases Waterbury Lake Winter 2012 Exploration Budget by 26% to $9.28 Million

KELOWNA, BRITISH COLUMBIA, Jan 26, 2012 (MARKETWIRE via COMTEX) -- Fission Energy Corp. /quotes/zigman/474695 CA:FIS 0.00% (otcqx:FSSIF) ("Fission or "the Company") and its Limited Partner, the Korea Waterbury Uranium Limited Partnership ("the Waterbury Consortium"), are pleased to announce that the Limited Partnership Management Committee has agreed to increase the current winter 2012 exploration program budget by 26% to $9.28 million to support an expanded four drill, 32,630m drill program, up from the originally planned 25,000m program with three drills. The additional drilling has been primarily designed to supplement original plans for several high priority regional targets, including the Summit Zone, the Oban Corridor (Oban, Oban North and Chivas), and Murphy Lake, as detailed in the Company's press release dated November 14, 2011. The expanded drill program will enable Fission to further evaluate the potential of these areas for hosting high grade uranium mineralization.

Expanded Winter 2012 Exploration Program Summary

The following summary highlights Fission's newly expanded Waterbury Lake exploration program:




-- The Limited Partnership has increased the winter 2012 exploration budget
by 26% to $9.28 million, up from $7.3 million.
-- Utilizing four drill rigs, eighty-eight drill holes totalling an
estimated 32,630m, an increase of nineteen drill holes, are now planned,
up from sixty-nine drill holes totalling approximately 25,000m (See
Table 1).
TABLE 1: Waterbury Lake: Expanded Winter 2012 Drill Program
----------------------------------------------------------------------
Mineralized Areas Expanded Program Previous Program
----------------------------------------------------------------------
----------------------------------------------------------------------
J Zone Deposit 49 drill holes 47 drill holes
----------------------------------------------------------------------
Summit Zone 11 drill holes 6 drill holes
----------------------------------------------------------------------
Talisker 2 drill holes 2 drill holes
----------------------------------------------------------------------
----------------------------------------------------------------------
Regional Targets
----------------------------------------------------------------------
----------------------------------------------------------------------
Oban 4 drill holes 3 drill holes
----------------------------------------------------------------------
Oban North 3 drill holes 3 drill holes
----------------------------------------------------------------------
Chivas 5 drill holes 3 drill holes
----------------------------------------------------------------------
Murphy Lake 14 drill holes 5 drill holes
----------------------------------------------------------------------
----------------------------------------------------------------------
Total Drill Holes 88 drill holes 69 drill holes
----------------------------------------------------------------------
Total Length (Meters) 32,630 m 25,000 m
----------------------------------------------------------------------
J Zone
-- Forty-nine of the eighty-eight drill holes or 56% of the planned
drilling will occur at the J Zone high grade uranium deposit. This new
total includes two new additional close-spaced holes.
Summit Zone
-- An additional five close-spaced drill holes to test for mineralization
around known occurrences, increasing the total to eleven drill holes.
Oban Corridor
-- One additional drill hole to follow-up anomalous mineralization
discovered last year has been added to the program. A total of four
drill holes will now be completed at Oban. Two additional regional
exploration drill holes are proposed at Chivas, for a total of five
drill holes.
Murphy Lake
-- Planned regional drilling at Murphy Lake has been increased by nine
drill holes to fourteen holes in total.





Fission is the Operator of the winter 2012 exploration program, which is expected to be completed by mid-March. Results will be announced when available. A drill location map, and regional map showing all exploration targets can be found on the Company's website at http://www.fission-energy.com/s/WaterburyLake.asp .

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Ross McElroy, P.Geol, President and COO for Fission Energy Corp., a Qualified Person.

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Antwort auf Beitrag Nr.: 42.604.711 von gehtwas am 17.01.12 14:12:00

Nein,

es gibt ein resourcenupdate:

Fission Energy says Waterbury's J Zone holds 7.4 mln pounds uranium8:05 am by Joyanta Acharjee

Fission Energy Corp. (CVE:FIS)(OTCQX:FSSIF) late Monday unveiled an NI 43-101 resource estimate for the J-Zone uranium deposit at its 40,256-hectare Waterbury Lake Property, located in the eastern part of the Athabasca Basin.

Monday, Fission shares closed up 16 percent to $0.94. Over the past 12 months, the stock is up 32 percent.

The J Zone deposit is currently estimated to contain an Indicated resource totalling 7,367,000 pounds of uranium, based on 168,000 tonnes at an average grade of 1.99 percent uranium. An additional 1,511,000 pounds based on 150,000 tonnes averaging 0.46 percent uranium is classified as an Inferred mineral resource.

The company also said that a previously-announced $7.3 million, three-rig, 25,000 metre drill program designed to expand the J Zone resource and further evaluate other mineralized discoveries and test new targets has commenced.

Fission Energy said approximately 83 percent of the mineral resource has been classified as an Indicated resource, demonstrating the high level of confidence in the data analysed.

Metallurgical extraction was high with 96.1 percent to 98.5 percent uranium recovery.

Low values for toxic elements such as arsenic and selenium compares favourably with Hathor's (TSE:HAT) Roughrider uranium deposit, located immediately to the east, Fission Energy added.

In late 2011, Hathor was subject to a takeover battle between mining giants Cameco Corp. (TSE:CCO)(NYSE:CCJ) and Rio Tinto (NYSE:RIO)(LON:RIO), with the latter emerging as the winner with its $654 million friendly bid trumping Cameco's $625 million hostile offer.

Indeed, Fission Energy was amongst Versant Partners' top picks for 2012, with the capital markets firm seeing "inevitable consolidation" for the company.

Monday's resource estimate from Fission Energy does not include mineralization from the highly prospective Summit Zone, located 1,532 metres to the west of the deposit.

The J Zone uranium discovery was announced in February, 2010.

Through successful exploration programs completed to date, it has evolved into an unconformity uranium deposit that overlaps newly discovered basement mineralization discovered in the western part of the deposit during the company's most recent exploration program completed during the summer months of 2011.

Each successive drill program has expanded the deposit's current east-west strike length, beginning from approximately 30 metres west of the J East Zone, which in itself is an extension of the Hathor Roughrider Deposit, and extending for 578 metres to the west.

The J Zone Deposit remains open along strike, laterally (horizontally at unconformity) as well as vertically (sandstone and basement), over significant widths, thereby exhibiting significant potential for expanding the resource

The company's Winter 2012 exploration program will see a total of 69 holes being drilled. The primary goal will be to build on the J Zone's mineral resource estimate, where 47 infill and step-out drill holes will target the deposit's high grade unconformity mineralization, in addition to the basement mineralization found in the western part of the J-Zone.

The gap between the J Zone Deposit and the Summit Zone to the west will also be drill tested.

The drilling program is expected to be completed by mid-March.

http://www.proactiveinvestors.com/companies/news/23567/fission-energy-says-waterburys-j-zone-holds-74-mln-pounds-uranium-23567.html

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[gehtwas]

Antwort auf Beitrag Nr.: 42.604.068 von metallix am 17.01.12 12:22:42

Möglicherweise liegt der Anstieg an der fetten Kriegskasse


Canada's Cameco to boost uranium spending in Australia •
From: Dow Jones Newswires
• January 17, 2012 12:00AM
•
•
CANADA'S Cameco plans to increase exploration spending in Australia by nearly a third this year after putting the country at the centre of its plans to double uranium output by the end of the decade, a senior executive said yesterday.
This year's exploration budget would rise about 30 per cent as the company targets new deposits near its Kintyre project in Western Australia, as well as prospects in the Northern Territory and South Australia, Australian managing director Brian Reilly said.
Cameco remains bullish on uranium despite a sharp dip in spot prices last year after the radiation leaks at reactors in tsunami-ravaged Japan.
Late last year, the company made a bid for Canada's Hathor Exploration to bolster its uranium reserves, but its offer was trumped by Rio Tinto.
"We have a healthy cash balance and, I would say, a mandate to look at acquisitions, be they advanced or exploration projects," Mr Reilly said.

Cameco, which accounts for about 16 per cent of global uranium production, said there would be "upward pressure on prices" in the medium term, partly driven by demand from China and India.
To handle the extra demand, Cameco plans to double its uranium production to 18 million kilograms a year by 2018 -- part of its so-called Double U strategy unveiled in 2008.
Cameco has 70 exploration projects in six countries, including Australia, where it has hired additional staff for a Perth office.
Reilly was unable to state Cameco's spending in Australia this year as it is still finalising budgets globally.
Last year, Cameco spent an estimated $C90 million ($85.5m) on exploration worldwide, including projects under evaluation.
"We see Australia as an absolutely key market," Mr Reilly said.
"We're strong in Canada, the US and Kazakhstan," while Australia has the largest global resource base in uranium and it was important to be there.
Cameco continues to target a late 2013 development decision for Kintyre.
The timetable depends on several milestones being achieved by mid-year. These include filing a detailed environmental review and management plan with the WA government, completing a pre-feasibility study, and signing a mining agreement with indigenous landowners.
"We would be seeking approvals sometime after the March 2013 election in Western Australia," Mr Reilly said.
Cameco may be exposed to political risk if the conservative coalition government in WA is replaced by the anti-uranium Labor Party.
Cameco is racing Toro Energy to develop the state's first uranium mine.

http://www.theaustralian.com.au/business/mining-energy/canad…

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[metallix]

mir gefällts

Gruss,
Metallix

[ernie021]

Fission Energy Announces Preliminary NI 43-101 Resource Estimate at J Zone Uranium Deposit






KELOWNA, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2012) - Fission Energy Corp. ("Fission or "the Company") (TSX VENTURE:FIS)(OTCQX:FSSIF) and its Limited Partner, the Korea Waterbury Uranium Limited Partnership ("the Waterbury Consortium"), are pleased to announce the preliminary results of an independent National Instrument 43-101 compliant resource estimate for the J-Zone Uranium Deposit at its 40,256 ha Waterbury Lake Property, located in the eastern part of the Athabasca Basin. The J Zone deposit is currently estimated to contain an Indicated resource totalling 7,367,000 lbs. based on 168,000 tonnes at an average grade of 1.99% U3O8. An additional 1,511,000 lbs. based on 150,000 tonnes averaging 0.46% U3O8 is classified as an Inferred mineral resource. In addition, the Company reports that the previously announced $7.3 million, three rig, 25,000m drill program designed to expand the J Zone resource, further evaluate other mineralized discoveries, and test new targets has commenced.

Significant characteristics and details of the J Zone preliminary resource estimate are summarized as follows:
•Approximately 83% of the mineral resource has been classified as an Indicated resource, demonstrating the high level of confidence in the data analysed.
•Metallurgical extraction is high with 96.1% to 98.5% U3O8 recovery.
•Almost all mineralization is within the basement rocks proximal to sandstone-basement unconformity. Unconformity mineralization overlaps basement mineralization in the western part of the deposit delineated to date. Average vertical depth to the unconformity is approximately 200m.
•Low values for toxic elements such as arsenic and selenium compares favourably with Hathor's Roughrider Uranium Deposit, located immediately to the east.
•This resource estimate does not include mineralization from the highly prospective Summit Zone, located 1,532 m to the west of the deposit.

Further details on the quantity and grade for each mineral resource category are shown in the following table:

http://www.marketwire.com/press-release/fission-energy-annou…

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Antwort auf Beitrag Nr.: 42.600.330 von gehtwas am 16.01.12 16:46:44

Heute brumt's wirklich. Ich will jetzt die 1,4 wieder sehen

Scheint wirklich neue Zuversicht im Uranmarkt zu herrschen. Würde mich nicht wundern, wenn der Spot die nächsten Tage kräftig steigt.

Hathor - gekauft
Extract - so gut wie unter Dach und Fach (Namibia genehmigt Chinas CGNPC den Kauf von Extract Resources)


Mit Fission haben wir einen Spitzen Wert- ich hoffe hier daueret's noch bis der Uranpreis sich wirklich erholt hat, bevor das einer kauft.

2012 ist das Jahr vor 2013 !!!!!

Ich denke Uran wird dieses Jahr richtig sexy


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[Tomy_HH]

Hat ESO denn die notwendigen $1,4 Mio ueberhaupt verfuegbar ?
Im letzten PP haben sie nur $200.000 eingenommen.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 42.600.330 von gehtwas am 16.01.12 16:46:44

ja eben, so paßt das. hab fast so viele ESOs wie FISis.
auf ihr 2, weider so

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Antwort auf Beitrag Nr.: 42.600.330 von gehtwas am 16.01.12 16:46:44

So,

jetzt habens die Holzfäller auch gefressen

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ESO Uranium to Commence $2.76M Winter Program at Patterson Lake South JV, Saskatchewan

VANCOUVER, Jan. 16, 2012 /PRNewswire/ - ESO Uranium Corp. (TSX-V: ESO), (the "Company" or "ESO") and its 50% Joint Venture (JV) partner Fission Energy (TSX-V: FIS), are pleased to announce the start of a $2.76M, 33 hole winter drill program at their PLS Property. The winter drill program, a follow-up to the November drill program (see news release dated November 9, 2011 and update below) will include Sonic and/or RC Drilling, Core Drilling, and Airborne and Ground Geophysics.

"We feel that the encouraging results to date at the PLS property have warranted an aggressive exploration program for this winter. We believe that this program presents an excellent opportunity to locate the bedrock source of the high grade uranium boulders discovered in June 2011." Commented Garrett Ainsworth, Project Manager. Further information on the winter program will be provided.

The following is an update to the drill program at the PLS Property, which began in November, 2011. This program tested 75 - 108 meters (m) of overburden through to the basement rocks on the "up-ice" side of the high grade uranium boulder field discovered in June 2011, in an effort to locate radioactive till sheets in the overburden and to determine the extent of Cretaceous on-lap over the basement rocks.

Seven vertical diamond drill holes (PDD11-01 to 07) totaling 838m using HWT and NW casing through the overburden were completed and surveyed with a Mount Sopris downhole 2PGA-1000 gamma probe (see Table 1). Background radioactivity in the overburden ranged from 0 to 20 cps. Drill holes PDD11-06 and 07 showed anomalous radioactivity in overburden intersections from 64.4m to 70.0m (maximum peak of 400 cps) and from 49.6m to 58.2m (maximum peak of 90 cps), respectively. PDD11-07 was located between PDD11-06 and the area of radioactive boulders trenched in October, 2011. The shallower depth of the anomalous radioactivity in PDD11-07 could be consistent with a semi-continuous till sheet dipping to the northeast towards a possible up-ice bedrock source for the uranium boulders. Further drilling will be required to determine if these initial results represent an intersection of the radioactive till sheet being sought. PDD11-03 intersected graphitic metapelitic basement rocks. Noteworthy, the unconformity was intersected between 10-20m deeper than nearby adjacent PDD11-02 and 04 and may reflect a basement fault off-set. Basement faulting and graphitic metapelites are often seen as key ingredients associated with structurally controlled uranium mineralization in this region.





TABLE 1:



Drill Hole * Anomalous Radioactive Overburden (>80 cps) Total
Hole ID Az Dip Unconformity Depth (m) Altered Regolith Basement Lithology From - To (m) Width (m) CPS Max Peak Depth (m)



PDD11-01 0 -90 85.4 - Granitic Gneiss - - - 107.6

PDD11-02 0 -90 75.0 - Granitic Gneiss - - - 111.0
PDD11-03 343 -83 93.0 - Graphitic metapelite - - - 120.0

PDD11-04 0 -90 96.4 - Granulite - - - 117.0
PDD11-05 0 -90 87.7 87.7 - 103.6 Granulite - - - 132.0
PDD11-06 0 -90 108.0 108.0 - EOH Gneiss 64.4 - 70.0 5.6 400 133.1
PDD11-07 0 -90 107.9 107.9 - EOH Gneiss 4



Core samples from basement rocks and clay alteration samples were collected and have been sent to SRC for multi-element analysis and Northwind Resources Ltd. for PIMA spectral analyses to determine select clays and associated minerals for comparison with typical alteration assemblages associated with uranium mineralization in this geological setting.

Each drill hole is surveyed downhole for radioactivity with a Mount Sopris 2PGA-1000 Gamma/SP probe. Samples have been submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) of Saskatoon for analysis, which include a 63 element ICP-OES, uranium by fluorimetry (partial digestion). Assays will be reported when available.

PLS is a 50%/50% Joint Venture held with FISSION Energy (FIS). Patterson Lake South is accessible by road with primary access from all weather Highway 955, which runs north to the former Cluff Lake mine, (>60M lbs of U3O8 produced), and passes through the nearby UEX-Areva Shea Creek discoveries located 50km to the north, currently under active exploration and development.

An updated Patterson Lake South Property map, with drill locations, can be found on the Company's website at www.esouranium.com

B.Ainsworth P.Eng. SK/BC is the Qualified Person responsible for the technical disclosure contained in this news release.

On behalf of the Board of Directors of ESO Uranium Corp.


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