Todays announcement of HAT´s spectacular #116 result which ranks as one of the highest U3O8 drill intercepts in the Athabasca area (higher than Cigar Lake and just a little less than McArthur River) could confirm that FIS Waterbury Lake projekt is "on trend" with HAT´s Roughrider Zone and some of it´s most noticeable essay results:
Collar Location Map:
http://www.hathor.ca/i/pdf/midwest/C...
On April 15th, Hathor Exploration announced that recent drilling was successful in extending the strike length of the "Roughrider Zone" to the southwest and northeast. Of particular significance to Fission is Hathor's step-out hole MWNE-09-116, which "intersected the highest levels of radioactivity (as determined by down-hole gamma-ray probe data) on the property to date". This drill hole was collared approximately 10m from Fission's property boundary, in the vicinity of the Discovery Bay Zone, with the mineralized interval intersected 50m from the same property boundary. The location of step-out hole MWNE-09-116, within an interpreted major east-west coincident structural and conductive trend, suggests that the "Roughrider Zone" may extend onto Fission's Waterbury Lake ground. Fission encountered nearby mineralization in several drill holes completed in the Discovery Bay Zone, which is characterized by intense hydrothermal alteration in addition to coincident anomalous geochemistry and radioactivity, during an earlier program in 2008, including:
- WAT08-017 (7.5m of 0.04% U3O8 and 1.0m of 0.19% U3O8) located in Fission's Discovery Bay Zone 67m to the north-west of Hathor's drill hole MWNE-09-116 - WAT08-022C (6.5m of 0.05% U3O8 and 3.5m of 0.03% U3O8) located in Fission's Discovery Bay Zone 89m to the west of Hathor's drill hole MWNE-09-116
http://finance.yahoo.com/news/Fissio...
Looking forward to that drill program !
FANTOMAS