Fission Uranium and NexGen Energy Both Hit “Off-Scale” Radioactivity During Summer Drill Programs

August 5, 2014

Fission Uranium and NexGen Energy Both Hit “Off-Scale” Radioactivity During Summer Drill Programs

Fission Uranium (TSX-V: FCU):

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KELOWNA, BRITISH COLUMBIA--(Marketwired - Aug. 5, 2014) - FISSION URANIUM CORP. (TSX VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce results from twelve new angled drill holes of the summer drill program at its PLS property in Canada's Athabasca Basin. Of particular note, the drill hole results show further widening of the main PLS discovery to the north and south, east of line 780E. With PLS14-248 (line 825E) significantly expanding the high grade area approximately 40m to the south and PLS14-237 (line 870E) and PLS14-236 (line 960E) expanding the mineralized corridor approximately 50m the north, the potential of growth at PLS is highly prospective.

All twelve holes returned wide mineralization, with seven holes returning substantial intervals of >10,000 cps radioactivity.

Of additional note is PLS14-248 (line 825E), an angled hole with a total of 106.2m composite mineralization, including 18.2m total composite "off-scale" (>10,000 cps) radioactivity within a 21.5m interval (146.5m - 168.0m). The hole has a total composite "off-scale" (>10,000 cps) of 21.1m.

NexGen Energy (TSX-V: NXE)

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Vancouver, BC – NexGen Energy Ltd. (TSX-V: NXE) (“NexGen” or the “Company”) is pleased to announce ongoing results from the summer 2014 drilling program from the 100% owned portion of the Rook I property, Athabasca Basin, Saskatchewan.  The summer 2014 program has been increased from 13,500 to 18,500 m of diamond drilling based on exceedingly encouraging results to date.


Skyharbour Resources (TSX-V: SYH)

Skyharbour Resources Ltd. is a uranium exploration company and a member of the Western Athabasca Syndicate which controls a large, geologically prospective land package consisting of five properties (287,130 hectares or 709,513 acres) in the Athabasca Basin of Saskatchewan. $6,000,000 in combined exploration expenditures over the next two years is planned on these properties, $5,000,000 of which is being funded by the three partner companies. Skyharbour also owns a 100% interest in the Way Lake Uranium project on the east side of the Basin which hosts an NI 43-101 compliant inferred resource totaling 7.0 million pounds of U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%. Skyharbour owns a 60% interest in the Mann Lake Uranium project on the east side of the Basin strategically located 25 km southwest of Cameco’s McArthur River Mine. The Company has 57 million shares outstanding with insiders owning over 20% of the outstanding shares. Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

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