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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
Post by daw2on Sep 30, 2014 3:46pm
363 Views
Post# 22983902

Interview with The Mining Report

Interview with The Mining ReportEconomics professor and newsletter writer Kal Kotecha says to obtain superior results, you cannot do what everyone else is doing. He maintains that much of the risk associated with junior resource equities has been beaten out by the herd mentality, and that selectively buying what's left presents mind-boggling opportunity:

".......TMR: Are there any junior uranium developers that could help meet the growing demand for uranium?

KK: I believe Fission Uranium Corp. (FCU:TSX.V) is probably the best junior uranium company available to resource investors. Patterson Lake South (PLS) is one of the most exciting uranium discoveries ever made in Canada's prolific Athabasca Basin, which hosts the richest producing uranium mines in the world. After a series of transactions, Fission consolidated 100% ownership of its PLS property, which comprises 17 claims totaling over 31,000 hectares.

The property is accessible by all-weather Highway 955, which continues north through the area of the UEX Corp. (UEX:TSX)/AREVA SA (EPA:AREVA) Shea Creek discovery to the past-producing Cluff Lake uranium mine. The PLS discovery is a basement-hosted unconformity uranium deposit, characterized by shallow, high-grade mineralization in five separate zones trending for about 2.24km. Fission is doing a summer 2014 drill program after completing a winter drill program where every drill hole hit uranium mineralization............"

https://www.theaureport.com/pub/na/16286?utm_source=delivra&utm_medium=email&utm_campaign=TMR+9-30-14

Bullboard Posts