FIS Fission Energy Corp.

FISSION ENERGY CORP. (TSX VENTURE:FIS)(OTCQX:FSSIF) ("Fission" or "the Company),
and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report
assay results from drill hole PLS13-053, part of the highly successful winter
drill program on its PLS property. PLS13-053, within zone R390E, is located 30m
grid west of PLS13-051 (see news release dated April 22, 2013) in which assays
included 6.57% over 54m. Today's assays include two broad mineralized zones
separated by just 4.5m of unmineralized pelitic rocks.


UPPER URANIUM ZONE = 66m - 115.5m



--  49.5m @ 6.26% U3O8; 
--  Including 6m @ 35% U3O8 
--  Highest assay in the interval: 45% U3O8 over 0.5m 



LOWER URANIUM ZONE = 120.5m - 136.5m



--  16.5m @ 2.63% U3O8; 
--  Including 3m @ 13.19% U3O8 



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

"With our PLS assays once again proving such incredible grades, it's further
confirmation that the winter drill program has uncovered what we feel to be the
most exciting new uranium discovery in the Athabasca Basin. To be hitting holes
of this caliber and at shallow depth is a fantastic achievement for the team and
represents a very significant advancement for the PLS discovery."


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 within two zones:
a) an upper 49.5m wide interval (66.0m - 115.0m), with a 6.0m wide higher grade
core (98.5m - 104.5m) that grades 35.0% U3O8 and b) a lower 16.5m wide interval
(120.0m - 136.5m) that averages 2.63% U3O8, with a 3.0m wide higher grade core
(130.0m - 133.0m) that grades 13.19% u3O8. Several additional narrow intervals
of weak mineralization were present from 145.0m to 219.5m.


Not all assay results have been received for PLS13-053, but the outstanding
intervals are not expected to be anomalous. 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:



Composited Mineralized Intervals (Down-hole measurements)                   
----------------------------------------------------------------------------
                      Grid       From           To     Interval         U3O8
Zone      Hole ID     Line        (m)          (m)          (m)        (wt%)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
R390E   PLS13-053     375E      66.00       115.50        49.50         6.26
                                98.50       104.50         6.00        35.00
                               120.00       136.50        16.50         2.63
                               130.00       133.00         3.00        13.19
                               145.00       145.50         0.50         0.14
                               160.50       161.00         0.50         0.09
                               218.50       219.50         1.00         0.07
----------------------------------------------------------------------------
Composite Parameters                                                        
1. Minimum Thickness: 0.50m                                                 
2. Grade Cut-Off: 0.05 U3O8 (wt%)                                           
3. Maximum Internal Dilution: 2.00m                                         



Drill hole PLS013-053 was collared as a vertical hole, but deviated slightly to
a dip of -86.2 degrees to the SE. The hole was drilled to a depth of 282.6m. The
hole is collared 15m grid west of PLS13-038. A thin cap of Devonian sandstone
was encountered from 49.4m to 51.4m, overlying a quartzitic gneiss to a depth of
57.5m. The quartzitic gneiss was underlain by an intensely altered graphitic
pelitic gneiss hosting multiple discrete graphitic shear zones. The hole was
terminated at a depth of 282.6m in barren unaltered semi-pelitic gneiss.
Moderate to strong clay alteration is present from 51.4m to 159.3m, flanked
above and below by weak to moderate clay and chlorite alteration. 


Assay results so far from holes PLS13-038, 051 and 053 have identified a trend
of particularly high-grade uranium mineralization over approx. 30m of strike
length on the 390E zone. 


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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