Fission Energy Corp. (TSXV-FIS): Fission Energy Corp.: Drilling Begins at J Zone, Waterbury Lake, Athabasca Basin – On June 25, it was announced that Fission Energy Corp. and its limited partner, the Korea Waterbury Uranium LP, had begun a $3.11-million summer 2012 exploration program, including 21 drill holes totalling 7,350 metres with two drills, at its flagship 40,256-hectare Waterbury Lake uranium project, located in the eastern part of the Athabasca basin. The primary focus of this summer’s program will be to continue delineating the J zone deposit’s high-grade unconformity and basement mineralization. All 21, drill holes, to be collared from land-based locations, have been identified along many areas across the J zone as the joint venture continues its efforts to delineate and laterally expand the deposit. Bryson Drilling Ltd. of Archerwill, Sask., has been contracted to complete the drill program. The following summary outlines Fission’s summer 2012 exploration program:  The $3.11-million budget was approved by the limited partnership.  Utilizing two drill rigs, 21 drill holes totalling an estimated 7,350 metres are planned with the objective of delineating and expanding known areas of mineralization, both laterally and on strike. Fifteen holes will target locations from the eastern part of the J zone to the central main area of the deposit, between Line 75E and Line 420W, to extend mineralization where geologic confidence is high. Drill locations have been established to the north of the J zone boundary, accessible from land-based sites. The remaining six holes will test for mineralized extensions along strike to the west between lines 630W and 780W.  Ground geophysical work, including a DC resistivity survey to identify areas of high conductivity, will be carried out at Murphy Lake, located in the northwest part of the Waterbury Lake property. Analysis of previously completed airborne geophysical surveys appears to have identified a separate feature to the west of the Murphy Lake system, which represents a compelling target within this prospective area. Line cutting totalling 18.2 line kilometres and the 17-line-kilometre DC resistivity survey will focus on this feature. Fission is the operator of the program, which is expected to be completed by late August. Results will be announced when available. Updated maps highlighting the summer 2012 J zone drilling and geophysical programs planned at Murphy Lake can be found on the company’s website. Fission Energy and the Waterbury Consortium have budgeted $30-million for exploration at Waterbury Lake over a three-year period from 2010 to 2012.