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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 toriddogon Feb 20, 2016 8:27am
204 Views
Post# 24577579

Nxe high grade holes

Nxe high grade holesRemember NXE holes are drilled vertical through the deposit that dips straight down. Before you get too carried away, imagine holes that go through PLS zones horizontally over the hundreds of meters of high grade sections. This is a better comparison. Then do a cost calculation on getting the stuff out of the ground one less than 100 meters down , the other between 400 and 800 meters down. Arrow at anywhere near the current U308 price cannot be mined at a profit.
Bullboard Posts