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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 infocountson May 22, 2015 3:36pm
253 Views
Post# 23755763

Question re CNCC International projects

Question re CNCC International projects
A question for Qakes (or anyone who has an informed opinion):

How well does FCU stack up against this paragraph in the article outlining CNCC requirements:

"Projects with economic development potential should have at least 30,000 tonnes of uranium resource, cash production cost no higher than US$25 a pound and total production costs of no more than US$45 a pound, [CNNC International chief executive Wang Ying] added."

My assumption is that FCU (in some manner)  more than fits the bill, but it would be nice to hear from others with greater knowledge than I have. Thanks.

Link: https://www.stockhouse.com/companies/bullboard/v.fcu/fission-uranium-corp#7RPtWGIlBtmHCei0.99
Bullboard Posts