RE: We are the Champions!!!!!!!!!!!!!Maybe you guys should read the HAT nr again. The land between HAT and FIS is belongs to HAT.
It is clear the drilling done buy HAT is on HAT lands but it is also very close to FIS so the deposit could extend into FIS property (this is why I own both). Let's not get distracted by useless pumping posts by claiming HAT has drilled on FIS property. Read FIS's nr ( bottom) that claims HAT was drilling on its property? FIS imo is trying to save face todays nr. My last post on the matter.
From HAT nr.
Is this not clear enough?
The recently discovered Roughrider Zone uranium mineralization occurs completely within Hathor's original Midwest NE claim (Disposition S-107243);
- The location of claim posts in the field determines claim boundaries and the closing times for staking determines priority of claims;
- Hathor's Disposition S-107243 has priority over the nearest claims held by Fission Energy Corp. ("Fission");
- Hathor's recent staking has successfully acquired 100% of the "open ground" fractions between Hathor's original property and claims held by Fission; and
- Fission's recent attempt to stake fractional open ground was rejected because Hathor's staking had priority.
Hathor considers the report as vindication of its unwavering position that its recent Roughrider Zone discovery is securely within the Midwest NE property boundaries, and is pleased to report that it has now further buttressed its property position by successfully acquiring all of the open ground in the area."
KELOWNA, BRITISH COLUMBIA, Apr 03, 2008 (MARKET WIRE via COMTEX News Network) --
FISSION ENERGY CORP. ("Fission" or the "Company") (TSX VENTURE: FIS) and its joint venture partner the KEPCO Consortium, takes the position that Hathor Exploration Ltd. ("Hathor") and partner Terra Ventures Inc., are currently drilling on the Company's Waterbury Lake Property.
During recent weeks, Hathor has disclosed that it had intersected significant uranium mineralization and/or gamma radiation within several holes, including 5.29% U3O8 across 11.9 m in hole MWNE-08-12. This initial discovery appears to be located within several tens of meters south of the Company's Waterbury Lake Property, within a small bay ("Discovery Bay") of McMahon Lakes. Hathor has recently announced drilling offset holes to MWNE 08-12 towards the north and are currently drilling on Fission's ground. Additional details are as follows:
1) It was originally intended that Hathor and Fission share a common claim boundary that strikes across Discovery Bay from the northeast to the southwest;
2) The record date for Hathor's Midwest NE claim is January 30, 2004 and for Fission's adjacent claim to the north is May 3, 2004;
3) Hathor has recently staked a fractional claim located atop Fission's Waterbury Lake Property, within Discovery Bay;
4) Hathor is actively drilling within the fractional claim area which Fission believes to be within the boundaries of its Waterbury Lake Property; and
5) It is anticipated that there will be a dispute as to the exact location of the boundary line delineating the two properties.
Fission disputes the validity of all claims staked by Hathor within the boundaries of its Waterbury Lake Property including the validity of any fractional claim. Fission will inform Hathor to cease drilling activities on the Company's Waterbury Lake Property. The Company will vigorously defend all rights granted by the Crown as a result of the original claim(s) it staked, and will further file a dispute with the Saskatchewan Ministry of Energy and Resources, Mining Recorder, or by any other means available to it in law, any claim, including any fractional claim, staked by Hathor within the boundaries of Company's Waterbury Lake Property.