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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

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Post by marcel39on Jul 16, 2015 7:30pm
250 Views
Post# 23932253

Japan Today

Japan TodayNuclear reactor in Shikoku gets OK to restart from regulator National Jul. 16, 2015 - 07:02AM JST ( 15 ) TOKYO The Nuclear Regulatory Authority (NRA) on Wednesday gave the OK for Shikoku Electric Power Co to restart the No. 3 reactor at its Ikata nuclear power plant in Ehime Prefecture. The safety approval is still only one of three needed before the reactor can go back online. The consent of local authorities, which is seen as a formality, is also required, along with operational checks. The NRA signed off on a provisional assessment that the Ikata reactor meets new design standards introduced after Fukushima. The decision will be a boost for operator Shikoku Electric, which relied on Ikataits sole nuclear power plantfor about 40% of its electricity output before the meltdowns at Fukushima led to the shutdown of all the countrys reactors. The Ikata No. 3 reactor started operations in 1994 and has a capacity of 890 megawatts. The future of the Ikata plants two other reactors, each with capacity of 566 megawatts, is unclear. One is almost 40 years old, which is the lifetime limit for reactors in Japan without a special extension that will be costly to achieve. Shikoku Electric hasnt applied for restarts of that reactor or the No. 2 unit, which began operations in 1982. For the government of Prime Minister Shinzo Abe, resuming nuclear power, which provided about a third of Japans electricity supply before Fukushima, is key to lifting the economy out of two decades of anemic growth. The country has switched to fossil fuels to compensate for the closure of reactors, pushing imports of liquefied natural gas to a record-high 7.78 trillion yen in the financial year ended March 31. Four other reactors operated by Kansai Electric Power and Kyushu Electric Power have passed through the first stage of regulatory checks. Japan Today/Thomson Reuters
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