Fission: 8 Summer Angled Step-Out Holes Hit Off Scale; Zone R780E Widens

Fission: 8 Summer Angled Step-Out Holes Hit Off Scale; Zone R780E Widens 
NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: Fission Uranium Corp. 
TSX VENTURE SYMBOL:  FCU
OTCQX SYMBOL:  FCUUF
FRANKFURT SYMBOL:  2FU 
AUGUST 18, 2014 
Fission: 8 Summer Angled Step-Out Holes Hit Off Scale; Zone R780E Widens 
PLS Discovery Widening both North and South; Program Expanding by Ten Holes 
KELOWNA, BRITISH COLUMBIA--(Marketwired - Aug. 18, 2014) - FISSION URANIUM
CORP. (TSX VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or
"the Company") is pleased to announce results from nine new angled
drill holes of the summer drill program at its PLS property in Canada's
Athabasca Basin. Of particular note is PLS14-259 (line 840E), with a total of
98.5m composite mineralization, including 11.0m total composite
"off-scale" (greater than 10,000 cps) radioactivity. All nine holes
returned wide mineralization, with six returning substantial intervals of
greater than 10,000 cps radioactivity. Step-out drilling on the R780E zone has
now widened to the north and south: PLS14-259 has expanded the high grade area
approximately 15m to the south on line 840E and PLS14-256 expanding the
high-grade area approximately 30m to the north on line 525E.  
Summer Program to Increase by 10 Holes: The success in expanding the R780E zone
laterally north and south has justified an increase of 4,700m to 25,000m. This
will allow an additional 10 holes to test for further lateral and strike
expansion.  
Drilling Highlights Include: 
Hole PLS14-259 (line 840E) 
/T/ 
--  98.5m total composite mineralization over a 154.0m section (between 
111.5m - 266.0m) including:  
--  11.0m total composite mineralization of (greater than 10,000 cps) 
radioactivity  
/T/ 
Hole PLS14-256 (line 525E) 
/T/ 
--  104.5m total composite mineralization over a 160.0m section (between 
60.0m - 220.0m) including:  
--  8.05m total composite mineralization of greater than 10,000 cps 
radioactivity  
/T/ 
Hole PLS14-247 (line 525E) 
/T/ 
--  108.0m total composite mineralization over a 226.0m section (between 
62.5m - 288.5m) including:  
--  6.62m total composite mineralization of greater than 10,000 cps 
radioactivity  
/T/ 
Ross McElroy, President, COO, and Chief Geologist for Fission, commented,  
"We continue to see remarkable results from PLS, with strongly mineralized
angled drill holes widening zone R780E laterally both to the north and south.
The program has been so successful that we will be drilling an additional ten
holes to test for further north/south widening of the R780E zone. The summer
program will therefore include a total of 25,000m in 73 drill holes."  
As per news release July 28, 2014 Fission has replaced the GR-110
scintillometer, which measured a maximum of 9,999 cps (referred to as off-scale
in all previous PLS drill programs) with the RS-121 scintillometer, which
measures up to 65,535 cps for higher resolution readings of strongly anomalous
radioactivity. 
/T/ 
---------------------------------------------------------------------------- 
(i) Hand-held       Sand-   Base-         
Scintillometer Results   stone    ment   Total 
On Mineralized Drillcore   From  Uncon-  Drill-                              (greater than 300 cps /      - formity    hole
Hole                            greater than 0.5M         To   Depth   Depth
 ID     Zone      Collar             minimum)            (m)     (m)     (m) 
-----------------------------------------                        
CPS                        
Grid            From    To Width   Peak                        
Line  Az   Dip   (m)   (m)   (m)  Range                       
---------------------------------------------------------------------------- 
less                        
than                       
PLS14-                                          300 -                       
 246   R780E  690E 333 -71.0  60.1  71.5  11.4  11000     NA    60.2   316.0 
less                        
than                        
300 -                        
95.5 104.5   9.0   8900                        
less                        
than                        
300 -                        
107.5 114.0   6.5   8900                        
130.0 130.5   0.5    800                        
less                        
than                        
300 -                        
137.5 145.0   7.5   1900                        
360 -                        
147.5 154.0   6.5   6000                        
less                        
than                        
300 -                        
160.0 169.0   9.0   1400                       
----------------------------------------------------------------------------
PLS14-                                                57.1 -                
 247   R780E  525E 336   -70  62.5  63.0   0.5    340   58.6    58.6   374.0 
less                        
than                        
300 -                        
93.5 107.5  14.0  23000                        
less                        
than                        
300 -                        
110.5 141.5  31.0  61000                        
420 -                        
144.5 146.5   2.0   2700                        
300 -                        
157.0 164.5   7.5   2100                        
less                        
than                        
300 -                        
177.0 220.5  43.5  14000                        
less                        
than                        
300 -                        
228.0 232.0   4.0    750                        
250.5 251.0   0.5    340                        
less                        
than                        
300 -                        
278.5 283.0   4.5    710                        
288.0 288.5   0.5    350                       
----------------------------------------------------------------------------
PLS14-                                          300 -                       
 250   R780E  330E 335   -69  57.2  59.0   1.8    410     NA    57.2   294.0 
400 -                        
156.0 157.0   1.0    630                        
310 -                        
165.5 167.5   2.0    700                       
---------------------------------------------------------------------------- 
less                        
than                       
PLS14-                                          300 -                       
 253   R780E  735E 334 -72.3 117.5 160.0  42.5  44800     NA      59   338.0 
less                        
than                        
300 -                        
163.5 174.0  10.5  29900                        
340 -                        
178.5 181.0   2.5  11000                        
less                        
than                        
300 -                        
187.5 192.0   4.5  22100                       
----------------------------------------------------------------------------
PLS14-                                                                      
 254   R780E  870E 340   -69  97.0  97.5   0.5    640     NA    64.3   407.0 
less                        
than                        
300 -                        
125.5 137.5  12.0   1200                        
340 -                        
145.0 146.0   1.0    450                        
410 -                        
150.0 153.0   3.0   1400                        
400 -                        
159.5 163.0   3.5    800                        
less                        
than                        
300 -                        
165.5 182.0  16.5  15700                        
less                        
than                        
300 -                        
206.5 210.0   3.5   3000                        
less                        
than                        
300 -                        
225.0 233.0   8.0   2800                        
255.0 255.5   0.5    360                        
less                        
than                        
300 -                        
287.0 289.5   2.5    400                        
310 -                        
301.5 303.0   1.5   1400                       
---------------------------------------------------------------------------- 
less                        
than                       
PLS14-                                          300 - 56.0 -                
 256   R780E  525E 340   -70  60.0 119.0  59.0  46200   57.8    57.8   338.0 
less                        
than                        
300 -                        
123.0 140.5  17.5   9400                        
300 -                        
145.0 146.0   1.0    380                        
less                        
than                        
300 -                        
170.0 183.0  13.0  27700                        
less                        
than                        
300 -                        
187.5 195.0   7.5    760                        
320 -                        
198.5 199.5   1.0    380                        
370 -                        
202.5 205.5   3.0   1400                        
215.0 215.5   0.5   1200                        
340 -                        
218.0 220.0   2.0   4700                        
262.5 263.0   0.5    420                       
----------------------------------------------------------------------------
PLS14-                                                                      
 257   R780E  960E 332   -68 104.5 105.0   0.5    490     NA    60.0   476.0 
340 -                        
112.5 113.5   1.0    390                        
less                        
than                        
300 -                        
158.5 167.0   8.5   1100                        
less                        
than                        
300 -                        
170.0 174.0   4.0    570                        
less                        
than                        
300 -                        
182.0 198.5  16.5   2800                        
less                        
than                        
300 -                        
204.5 206.5   2.0    370                        
less                        
than                        
300 -                        
215.5 219.0   3.5    460                        
less                        
than                        
300 -                        
228.0 232.5   4.5   1000                        
less                        
than                        
300 -                        
237.0 240.5   3.5   4200                        
less                        
than                        
300 -                        
247.0 253.5   6.5  37000                        
410 -                        
256.0 261.5   5.5  56000                        
480 -                        
269.5 272.5   3.0   6100                        
4300 -                        
275.5 276.0   0.5  14000                        
280.0 280.5   0.5    830                        
510 -                        
295.5 297.5   2.0  13000                        
less                        
than                        
300 -                        
301.5 307.0   5.5   9600                        
321.5 322.0   0.5   2200                        
less                        
than                        
300 -                        
339.5 355.5  16.0   1400                        
less                        
than                        
300 -                        
359.5 365.0   5.5    810                        
320 -                        
368.0 372.0   4.0    900                        
375.5 376.0   0.5    330                        
452.5 453.0   0.5    400                       
----------------------------------------------------------------------------
PLS14-                                          310 -                       
 259   R780E  840E 332   -69 111.5 116.0   4.5    930     NA    62.7   431.9 
less                        
than                        
300 -                        
119.0 190.0  71.0  62800                        
194.0 194.5   0.5   1900                        
less                        
than                        
300 -                        
201.5 220.0  18.5  54300                        
236.5 237.0   0.5   1900                        
680 -                        
262.5 266.0   3.5   7500                        
400 -                        
343.5 344.5   1.0    460                        
382.0 382.5   0.5    430                       
---------------------------------------------------------------------------- 
less                        
than                       
PLS14-                                          300 - 56.4 -                
 261   R780E  495E 337   -70  58.0 133.0  75.0  34200   58.0    58.0   302.0 
less                        
than                        
300 -                        
137.5 145.0   7.5   1000                        
less                        
than                        
300 -                        
158.5 170.5  12.0   7900                        
less                        
than                        
300 -                        
176.0 179.5   3.5    580                        
266.0 266.5   0.5    430                       
---------------------------------------------------------------------------- 
/T/ 
Natural gamma radiation in drill core that is reported in this news release was
measured in counts per second (cps) using a hand held RS-121 Scintillometer
manufactured by Radiation Solutions. The reader is cautioned that
scintillometer readings are not directly or uniformly related to uranium grades
of the rock sample measured, and should be used only as a preliminary
indication of the presence of radioactive materials. The degree of
radioactivity within the mineralized intervals is highly variable and
associated with visible pitchblende mineralization. All intersections are
down-hole, core interval measurements and true thickness is yet to be
determined. 
Samples from the drill core will be split in half sections on site. Where
possible, samples will be standardized at 0.5m down-hole intervals. One-half of
the split sample will be 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 will remain on site
for reference. Analysis will include a 63 element ICP-OES, uranium by
fluorimetry and boron.  
All depth measurements reported, including radioactivity and mineralization
interval widths are down-hole, core interval measurements and true thickness
are yet to be determined. 
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.  
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, 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. 
-30-
FOR FURTHER INFORMATION PLEASE CONTACT: 
Fission Uranium Corp.
Rich Matthews
Investor Relations
TF: 877-868-8140
rich@fissionuranium.com 
INDUSTRY:  Manufacturing and Production - Mining and Metals 
SUBJECT:  DRM 
-0-
-0- Aug/18/2014 07:00 GMT
 
 
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