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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 Rover90on Feb 08, 2017 11:00pm
449 Views
Post# 25820694

FCU Initial RE m3 per Drill Hole

FCU Initial RE m3 per Drill Hole
FCU           
   6,726.8 Wireframe m3 per drill hole    
           
Nxe          
 28,340.2 Wireframe m3 per drill hole    
           
           
           
FCU           
# Drill Holes        
194 R780E        
41 R00E        
235 PLS Initial PEA      
           
  Not included in Initial PEA    
  1. R600W 5x      
  2. R1620E 2x      
           
Nxe          
# Drill Holes        
82 per Nxe Feb 2017 Corporate presentation notes


Nxe 43-101 Initial
VOLUME COMPARISON Wireframe volumes were compared to block volumes for each domain at the Arrow deposit.  This comparison is summarized in Table 14-13 and results show that there is good agreement between the wireframe volumes and block model volume.  The difference is less than 2%, except for the 101, 103, 111, 207, and 311 domains where the difference ranges from 2.1% to 4.1% due to the small volume of the wireframes combined with the whole block approach.
 
The estimated total volume of the wireframe models is 2,323,900 m3, while the volume of the block model at a zero grade cut-off is 2,329,700 m3.


 
FCU 43-101 Initial
The estimated total volume of the wireframe models is 1,580,800 m3 , while the volume of the block model at a zero grade cut-off is 1,579,700 m3 . Results are listed by domain in Table 14-11.



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