Fission Winter Program: 21.97% U3O8 over 10.0m in 5.19% over 57.0m (line 510E); Five New High-Grade Holes

Fission Winter Program: 21.97% U3O8 over 10.0m in 5.19% over 57.0m (line 510E); 
Five New High-Grade Holes 
Assays from Winter "R" Zone Drilling Wrap-Up with Wide, High-Grade
Mineralization 
KELOWNA, BRITISH COLUMBIA -- (Marketwired) -- 08/13/14 --   FISSION
URANIUM CORP. (TSX VENTURE: FCU)(OTCQX: FCUUF)(FRANKFURT: 2FU)
("Fission" or "the Company") is pleased to announce 2014 winter assay
results from five holes drilled on the R780E zone at its Patterson
Lake South (PLS) property in Saskatchewan's Athabasca Basin, Canada.
Of particular note are holes PLS14-209 (line 510E), which returned
composite assay intervals including 21.97% U3O8 over 10.0m within a
larger interval of 5.19% U3O8 over 57.0m and PLS14-215 (line 660E),
which returned composited assay intervals of 11.80% U3O8 over 22.5m
within a larger interval of 6.29% U3O8 over 48.5m. In both holes,
high-grade mineralization was intercepted at shallow depth. All five
holes returned wide, high-grade intervals. 
All five reported holes come from the central to eastern area of the
R780E zone. Three of the 5 holes intersected substantial width and
grade of uranium mineralization at a shallow depth.  
Ross McElroy, President, COO, and Chief Geologist for Fission,
commented, 


 
 
    "These final assay results of the winter "R" zone drilling on the main  
    PL-3B corridor represent some of the most robust assay-confirmed        
    mineralization on the R780E zone in the central and eastern areas and   
    are a definitive conclusion to the winter drill program. With a total of
    80 drill holes completed on the main trend, a greater than 97%          
    mineralization intersection success rate (78 of the 80 holes            
    intersecting uranium mineralization greater than 0.05% U3O8 over greater
    than  0.5m) and merging of four previously defined zones (R390E, R585E, 
    R780E and R945E) into one continuous zone (R780E) at approx. 825m strike
    length (line 255E to 1080E) the winter 2014 program was very successful 
    establishing the PLS project as a premiere uranium project in the       
    Athabasca Basin region."                                                
 
Assay Highlights                                                            
PLS14-215 (Line 660E)                                                       
 
--  48.5m (65.0m to 113.5m) @ 6.29% U3O8, including: 
    --  22.5m (85.5m to 108.0m) @ 11.80% U3O8 

PLS14-209 (Line 510E) 


 
 
--  57.0m (83.5m to 140.5m) @ 5.19% U3O8, including: 
    --  10.5m (126.0m to 137.5m) @ 21.97% U3O8 

PLS14-214 (Line 870E) 


 
 
--  94.5m (82.5m to 177.0m) @ 2.28% U3O8, including: 
    --  5.5m (98.0m to 103.5m) @ 7.02% U3O8 
    --  3.0m (111.5m to 114.5m) @ 16.75% U3O8 
    --  1.5m (118.5m to 120.0m) @ 8.15% U3O8 
    --  3.5m (149.0m to 152.5m) @ 7.87% U3O8 

More winter assays pending: To date, assay results from 80 holes of the
recently completed winter program have now been released; results
from 12 exploration holes are pending. 
Composited % U3O8 mineralized intervals are summarized in Table 1
below. Samples from the drill core are split in half sections on
site. Where possible, samples are standardized at 0.5m down-hole
intervals. One-half of the split sample is sent to SRC Geoanalytical
Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in
Saskatoon, SK for analysis which includes U3O8 (wt %) and fire assay
for gold, while the other half remains on site for reference. All
analysis include a 63 element ICP-OES, uranium by fluorimetry and
boron. All depth measurements reported, including sample and interval
widths are down-hole, core interval measurements and true thickness
are yet to be determined. 


 
 
Table 1: R780E Zone                                                         
Composited Mineralized Intervals (Down-hole measurements)                   
----------------------------------------------------------------------------
                  Grid                                    Interval    U3O8  
 Zone   Hole ID   Line    Az      Dip   From (m)  To (m)     (m)     (wt%)  
----------------------------------------------------------------------------
----------------------------------------------------------------------------
 R780E PLS14-209  510E    338    -82.0   53.50    54.00     0.50      0.08  
                                         62.00    62.50     0.50      0.10  
                                         74.00    75.00     1.00      0.15  
                                         83.50    140.50    57.00     5.19  
                                          126.00   136.50   10.50      21.97
                                         149.50   154.00    4.50      0.06  
                                         156.50   160.50    4.00      0.80  
                                         167.00   171.00    4.00      0.13  
                                         174.00   174.50    0.50      0.11  
                                         179.00   182.00    3.00      0.32  
                                         190.50   193.00    2.50      0.13  
      ----------------------------------------------------------------------
 R780E PLS14-211  870E    341    -88.0   70.50    77.00     6.50      0.06  
                                         79.50    116.00    36.50     0.09  
                                         120.50   140.50    20.00     0.17  
                                          131.00   132.00   1.00        2.02
                                         143.50   147.00    3.50      0.09  
                                         149.50   150.00    0.50      0.07  
                                         155.50   156.00    0.50      0.08  
                                         157.50   158.00    0.50      0.05  
                                         160.50   161.00    0.50      0.06  
                                         163.50   184.50    21.00     0.15  
                                         187.50   189.50    2.00      0.50  
                                         194.00   195.50    1.50      0.49  
                                         200.00   208.00    8.00      1.41  
                                          200.50   203.50   3.00        3.25
                                         213.00   214.50    1.50      0.20  
                                         217.00   220.00    3.00      0.16  
                                         225.50   227.50    2.00      0.09  
                                         233.00   236.00    3.00      0.06  
      ----------------------------------------------------------------------
 R780E PLS14-214  870E    193    -87.0   73.00    76.00     3.00      0.11  
                                         82.50    177.00    94.50     2.28  
                                           98.00   103.50   5.50        7.02
                                          111.50   114.50   3.00       16.75
                                          118.50   120.00   1.50        8.15
                                          149.00   152.50   3.50        7.87
                                         179.50   184.00    4.50      0.09  
                                         189.50   210.50    21.00     1.17  
                                          200.00   205.00   5.00        2.64
                                         216.00   219.50    3.50      0.13  
                                         222.50   223.50    1.00      0.23  
                                         236.00   237.00    1.00      0.06  
      ----------------------------------------------------------------------
 R780E PLS14-215  660E    321    -79.0   65.00    113.50    48.50     6.29  
                                           85.50   108.00   22.50      11.80
                                         117.50   139.00    21.50     1.02  
                                          134.00   138.50   4.50        2.61
                                         142.50   143.00    0.50      0.11  
                                         147.50   155.50    8.00      0.39  
                                         162.00   165.50    3.50      1.35  
                                         172.50   174.00    1.50      0.12  
                                         177.50   180.50    3.00      0.12  
                                         185.50   196.00    10.50     0.60  
                                          188.00   191.00   3.00        1.65
                                         203.00   205.00    2.00      0.07  
                                         215.50   216.50    1.00      0.09  
      ----------------------------------------------------------------------
 R780E PLS14-216  690E    328    -84.0   217.00   223.00    6.00      0.53  
                                          218.00   220.00   2.00        1.14
----------------------------------------------------------------------------

Composite Parameters 


 
 
1.  Minimum Thickness: 0.50m 
2.  Grade Cut-Off: 0.05 U3O8 (wt%) 
3.  Maximum Internal Dilution: 2.00m 

PLS Mineralized Trend Summary 
Uranium mineralization at PLS has been traced by core drilling over
2.24km of east-west strike length in five separate mineralized
"zones" from line 615W (PLS13-124) to line 1620E (PLS14-196). From
west to east, these zones are; R600W, R00E, R780E, R1155E and R1620E.
The former R390E, R585 and R945E zones have been merged into the
R780E zone by successful winter drilling. Mineralization remains open
along strike both to the western and eastern extents. Mineralization
is both located within and associated with a metasedimentary
lithologic corridor, bounded to the south by the PL-3B basement
Electro-Magnetic (EM) Conductor.  
Fission has received and released assay results on 80 holes from its
winter 2014 drill program at PLS. Updated maps and files can be found
on the Company's website at http://fissionuranium.com/project/pls/.  
Patterson Lake South Property  
The 31,039 hectare PLS project is 100% owned and operated by Fission
Uranium Corp. PLS is accessible by road with primary access from
all-weather Highway 955, which runs north to the former Cluff Lake
mine and passes through the nearby UEX-Areva Shea Creek discoveries
located 50km to the north, currently under active exploration and
development.  
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 Uranium Corp., a
qualified person. 
About Fission Uranium Corp.  
Fission Uranium Corp. is a Canadian based resource company
specializing in the strategic exploration and development of the
Patterson Lake South uranium property and is headquartered in
Kelowna, British Columbia. Common Shares are listed on the TSX
Venture Exchange under the symbol "FCU" and trade on the OTCQX
marketplace in the U.S. under the symbol "FCUUF."  


 
 
ON BEHALF OF THE BOARD                            
 
"Ross McElroy"                                    
 
--------------------------------------------------
Ross McElroy, President and COO                   

Cautionary Statement:  
Certain information contained in this press release constitutes
"forward-looking information", within the meaning of Canadian
legislation. Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur", "be achieved" or "has
the potential to". Forward looking statements contained in this press
release may include statements regarding the future operating or
financial performance of Fission and Fission Uranium which involve
known and unknown risks and uncertainties which may not prove to be
accurate. Actual results and outcomes may differ materially from what
is expressed or forecasted in these forward-looking statements. Such
statements are qualified in their entirety by the inherent risks and
uncertainties surrounding future expectations. Among those factors
which could cause actual results to differ materially are the
following: market conditions and other risk factors listed from time
to time in our reports filed with Canadian securities regulators on
SEDAR at www.sedar.com. The forward-looking statements included in
this press release are made as of the date of this press release and
the Company and Fission Uranium disclaim any intention or obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
expressly required by applicable securities legislation. 
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Contacts:
Investor Relations
Rich Matthews
TF: 877-868-8140
rich@fissionuranium.com
www.fissionuranium.com
 
 
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