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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.


TSX:FCU - Post by User

Bullboard Posts
Comment by Baron28on Sep 22, 2009 4:42am
268 Views
Post# 16326378

RE: Assays are pending

RE: Assays are pendingYou are right burn, it is not as if they did not encounter anything. Ofcourse everyone had hoped for bonanza grades and intervals, unfortunately that is not the case.

It seems as if they do not know where to drill, that is more worrying. As Hathor results have shown, drilling half a meter left or right may give an enourmous difference in grades.

Let me come up with a couple of questions:
1) Can the CPS counts be compared 1 on 1 with the CPS counts of Hathor?
2) They did not encounter high grade uranium like Hathor did. Can we expect lower grade finds from the assays, like a few percent uranium?


I think I am going to wait for the assays, they may surprise us in a positive way.

Best regards,
Hildert
Bullboard Posts