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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Energy
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

Fission Uranium Corp
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Post by Rockstoneon Jan 10, 2014 1:15am
377 Views
Post# 22076893

Highest Uranium Values Ever Detected in the Athabasca Basin

Highest Uranium Values Ever Detected in the Athabasca BasinRecently, we published 2 articles presenting why investors are focusing on the Athabasca Basin and why we are bullish for uranium prices:
 
December, 5, 2013: “No Dead-Cat-Bounce – A Dead-Serious Warning From Uranium“
November 4, 2013: “Athabasca Basin – The Place To Be For The Upcoming Uranium Boom“
 
Yesterday, after the market closed, Lakeland Resources Inc. (TSX.V: LK) published with its new joint venture partner, Declan Resources Inc., the results of a RadonEx study that Lakeland completed on its Gibbons Creek Property in the northern part of the Athabasca Basin in Saskatchewan.
 
Jonathan Armes (President & CEO of Lakeland) noted the following yesterday:
 
“We are excited to report on these results today, as they confirm the potential for a significant uranium discovery at the Gibbons Creek Uranium Property. Of particular interest are the extremely high ‘Radon’ values reported by RadonEx, which to our knowledge, are the highest ever reported for the Athabasca Basin area.”
 
Lakeland’s land-based RadonEx values are with 9.9 pCi (picocurie) around 10 times higher as what Fission Uranium Corp. measured with their prolific Patterson Lake discovery. In the Athabasca Basin, it was proved numerous times historically: the higher the RadonEx values at surface, the higher uranium enrichment below surface.

Rest of the article: 
https://www.uraniumseek.com/news/UraniumSeek/1389291205.php

German version:
https://www.wallstreet-online.de/nachricht/6501035-hoechste-uran-werte-jemals-gemessen-wurden-preis-eskalation-lakeland
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