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.

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Fission Uranium Corp

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Post by toriddogon Aug 21, 2015 11:50am

185 Views

Post# 24040040

Re Re Fission deposit.

PLS can be open pit mined and the issues regarding the lake have been dealt with and the deposit can be mined as cheap as cluff lake. Most tend the forget about gold in the ore which is probably in the 70000 ounce range by now. Gold will cover mining costs . Cluff Lake was the same only gold at that time was $20.00 per ounce. PLS and Arrow would be a great team but I have issues with the size of the deposit and will welcome a 43-101 to resolve this before I invest in that stock. If resolved still have to deal with the Ainsworth problem . Doubt there witll be any deal as long as he is in NXE.

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