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.

TSX:FCU - Post by User

Fission Uranium Corp

Bullboard Posts

Comment by Rover90on Feb 04, 2017 12:56pm

357 Views

Post# 25799770

RE:RE:Fission PEA done at $65 USD/lb U3O8

Fission Uranium Corp. – Patterson Lake South Property, Project #2461

Technical Report NI 43-101 – September 14, 2015 Page 1-14 provides the following table based on 108M lbs and no R840W or R1620E c/w mill, dyke etc.....economics will only improve post updated RE.

TABLE 1-7 URANIUM PRICE SENSITIVITY ANALYSIS

Shows the base case as well as a range of Uranium prices that PLS will profitable.

https://www.fissionuranium.com/_resources/reports/RPA_Fission_U_Patterson_Lake_South_PEA_NI_43-101_Report_FINAL_Sept_14_20.pdf

Sorry BS, Arrow has no such data for Nxe retail.

juro777 wrote: It's pretty clear you haven't read or properly understood the entire PEA or paid attention to the 100+ strongly mineralized holes drilled since the PEA study was started.

BSdetector2016 wrote: Stop looking at spot price ($25 + change); FCU needs $40 USD more, and the price must be sustainable.