Twelve holes tested multiple basement conductors within the Patterson Lake corridor and five holes tested conductors within the Forest Lake corridor.

Of note, holes PL15-419 and PLS15-425 intersected anomalous radioactivity in the down-hole gamma survey (PLS15-419 with a maximum of 7,965 cps at 153.5m and PLS15-425 with a maximum of 4,168 cps at 100.8m). No radioactivity >300 cps was seen in the core. This disparity is possibly explained due to loss of recovered core.

Additionally, two holes encountered anomalous radioactivity in drill core; one hole at Patterson Lake (PLS15-407) and one hole at Forrest Lake (PLS15-433) intersected anomalous radioactivity up to 520 cps and 360 cps respectively.

Ross McElroy, President, COO, and Chief Geologist for Fission, commented: "These results include some of the most promising holes seen in our regional exploration program. We have now drilled anomalous radioactivity at both Forest Lake and the Patterson Lake Corridor.

"Even more exciting, we have encountered promising geological features, often associated with high-grade mineralization on the PLG-1B EM conductor, with two out of three holes intersecting strong anomalous radioactivity in the down-hole gamma survey."

PLG-1B EM conductor (approx. 470m north of R600W zone)

Hole PLS15-419 – the down-hole gamma survey recorded 0.8m of anomalous radioactivity (>500 cps) with a maximum peak of 7,965 cps at 153.5m. No anomalous radioactivity was measured in the recovered core, possibly due to wash-out of clay altered lithology.

Hole PLS15-425 – the down-hole gamma survey recorded 0.7m of anomalous radioactivity (>500 cps) with a maximum peak of 4,168 cps at 100.8m. No anomalous radioactivity was measured in the recovered core, possibly due to wash-out of clay altered lithology.
Hole PLS15-407

Weak anomalous radioactivity of 330 cps in drill core over 0.5m (180.5m – 181.0m) and 520 cps over 0.5m (215.5m – 216.0m)
Located on land approximately 1km east along strike of Triple R deposit

Positive style of hydrothermal alteration within prospective pelitic gneiss.

Forest Lake Corridor (approx. 7.28km south west of Triple R deposit)
Hole PLS15-433

Weak anomalous radioactivity of 360 cps over 0.5m (273.0m – 273.5.0m) and 320 cps over 0.5m (287.5m – 288.0m)
Located on land approximately 500m west of Forest Lake

Positive style of hydrothermal alteration within prospective pelitic gneiss.