FIS Fission Energy Corp.

FISSION ENERGY CORP. Fission Energy Corp. (TSX
VENTURE:FIS)(OTCQX:FSSIF)(FRANKFURT:6F5) ("Fission" or "the Company), and its
50% Joint Venture partner Alpha Minerals Inc., are pleased to report assay
results from drill hole PLS13-051, part of the highly successful winter drill
program on its PLS property. PLS13-051, within zone R390E, is located 15m grid
east of PLS13-038 (see news release dated March 24, 2013) in which assays
included 4.92% over 34m and today's assays represent the best results to date.


PLS 13-051 Drilling Highlights:



--  53.0m @ 6.57% U3O8; 
--  Including 10.5m @ 29.26% U3O8 
--  Highest assay in the interval: 44.6% U3O8 over 0.5m 



Ross McElroy, President, COO, and Chief Geologist for Fission, commented, 



  "These spectacular assays from zone R390E confirm a particularly high-    
  grade of uranium mineralization within wide intersections at shallow      
  depth. The winter drilling program at PLS continues to deliver            
  exceptional world-class results in both quality and quantity.             
                                                                            
  With a mineralized interval grade x thickness (GT) value of 348.0,        
  PLS13-051 stands out as a top tier, elite status drill hole delivering    
  not only the best results to date on the PLS property but on a level      
  with the best holes within the Athabasca Basin district." Added McElroy.  



Composited U3O8 mineralized intervals are summarized in Table 1 below. Samples
from the drill core are split in half on site. Where possible, samples are
standardized at 0.5m down-hole intervals. One-half of the split sample is sent
to the laboratory for analysis and the other half remains on site for reference.
The results show that the uranium is concentrated continuously throughout the
53m interval (95.0m - 148.0m), and with a 19m wide higher grade core (101.5m -
120.5m) that averages 17.28% U3O8. Within the higher grade core is a 10.5m wide
interval (107.5m - 118.0m) which grades 29.26% U3O8. Intersection is down-hole,
core interval measurements and true thickness are yet to be determined. Not all
assay results have been received for PLS13-051, but the outstanding intervals
are not expected to be anomalous.


Table 1:



Composited Mineralized Intervals (Down-hole measurements)                   
----------------------------------------------------------------------------
 Zone    Hole ID   Grid Line   From (m)    To (m)  Interval (m)  U3O8 (wt%) 
----------------------------------------------------------------------------
----------------------------------------------------------------------------
 R390E  PLS13-051    405W       76.00      77.00       1.00         0.10    
                                79.50      80.00       0.50         0.06    
                                95.00      148.00      53.00        6.57    
                                   107.50   118.00         10.50       29.26
                                157.00     159.50      2.50         0.10    
----------------------------------------------------------------------------
Composite Parameters                                                        
1. Minimum Thickness: 0.50m                                                 
2. Grade Cut-Off: 0.05 U3O8 (wt%)                                           
3. Maximum Internal Dilution: 2.00m                                         



Hole PLS13-051 was collared as a vertical hole and was completed at a depth of
282.5m. The collar is located 405m grid east of discovery hole PLS12-022 (8.5m @
1.07% U3O8; see news release December 5, 2012). The relevant geological features
of the hole are as follows: At 48.2m depth, a thin (3.4m wide) cap of probable
Devonian Sandstone was encountered which overlies alternating sequences of
quartzitic and pelitic gneiss to 120m. Graphitic shear zones, +/- sulphides,
dominate from 120.0m to 213.1m. From 213.1m - 282.5 (EOH) basement rocks consist
of pelitic and semipelitic gneiss. The main mineralized horizon was encountered
from 95.0m - 148.0m and is associated with the transition from a quartz-feldspar
gneiss above to a pelitic gneiss below. Uranium mineralization occurs as flecks,
blebs, clots, veins, semi-massive and wormhole style.


Split core samples were submitted to SRC Geoanalytical Laboratories (an SCC
ISO/IEC 17025: 2005 Accredited Facility) of Saskatoon for assay analysis, which
includes a 63 element ICP-OES, uranium by fluorimetry (partial digestion), and
boron. Samples within mineralized intervals and any samples which return greater
than 500ppm U, are assayed for weight % U3O8, as well as fire assayed for gold.
Further assay results will be released when received.


Patterson Lake South Property 

The 31,039 hectare PLS project is a 50%/50% Joint Venture held by Fission Energy
Corp. and Alpha Minerals Inc (AMW). Fission is the Operator. PLS is accessible
by road with primary access from all-weather Highway 955, which runs north to
the former Cluff Lake mine, (greater than 60M lbs of U3O8 produced), and passes
through the nearby UEX-Areva Shea Creek discoveries located 50km to the north,
currently under active exploration and development. Updated maps and assay table
can be found on the Company's website at
http://www.fission-energy.com/s/pattersonlakesouth.asp. 


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 Energy Corp., a qualified person. 


FISSION ENERGY CORP. is a Canadian based resource company specializing in the
strategic acquisition, exploration and development of uranium properties and is
headquartered in Kelowna, British Columbia. FISSION ENERGY CORP. Common Shares
are listed on the TSX Venture Exchange under the symbol "FIS".


This press release contains "forward-looking information" that is based on
Fission's current expectations, estimates, forecasts and projections. This
forward-looking information includes, among other things, statements with
respect to Fission's development plans. The words "will", "anticipated", "plans"
or other similar words and phrases are intended to identify forward-looking
information.


Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause Fission's actual results, level of activity,
performance or achievements to be materially different from those expressed or
implied by such forward-looking information. Such factors include, but are not
limited to: uncertainties related exploration and development; the ability to
raise sufficient capital to fund exploration and development; changes in
economic conditions or financial markets; increases in input costs; litigation,
legislative, environmental and other judicial, regulatory, political and
competitive developments; technological or operational difficulties or inability
to obtain permits encountered in connection with exploration activities; and
labour relations matters. This list is not exhaustive of the factors that may
affect our forward-looking information. These and other factors should be
considered carefully and readers should not place undue reliance on such
forward-looking information. Fission disclaims any intention or obligation to
update or revise forward-looking information, whether as a result of new
information, future events or otherwise.


ON BEHALF OF THE BOARD 

Ross McElroy, President & COO  

FOR FURTHER INFORMATION PLEASE CONTACT: 
Fission Energy Corp.
Rich Matthews
Investor Relations
TF: 877-868-8140
ir@fission-energy.com
www.fission-energy.com

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