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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
Comment by sudzie191on Jan 19, 2016 11:16am
119 Views
Post# 24472023

RE:RE:RE:More cannon fodder for Dev.....

RE:RE:RE:More cannon fodder for Dev.....Nugget effect

Lets for example take an intercept of 100 feet. Get hi grade over 10 feet, nothing, zilch, nada over the other 90 feet.  But take the 10 feet of hi grade and average it over the 100 feet, makes for excessive over estimates of contained uranium.

It appears that NXE may have dumped a consultant who was pointing this out to them? But you may get vaious other explanations, lol

In any case taking the nugget effect into consideration in producing a 43-101 may bring the NXE resource in at about 100 million lbs, hopefully a bit more. They putting 7 drills to work to get the data density required to produce a valid 43-101.



juro777 wrote:

What's the nugget effect?
 

sudzie191 wrote: Poor Robert Chang like yourself doesn't know how to interpret the nugget effect!


 

 



Bullboard Posts

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