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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.


TSX:FCU - Post by User

Bullboard Posts
Comment by AaronWon Jan 16, 2013 3:24pm
375 Views
Post# 20846587

RE: FYI

RE: FYI

The Globe's Andy Hoffman writes that Denison Mines on Tuesday struck an alliance with Korea Electric Power or Kepco, which is controlled by the government of South Korea. Foreign firms are proving very willing to invest in return for a guaranteed supply of feedstock. Kepco will pay $75.4-million for a 19.9-per-cent interest in Denison. As well, Kepco has secured an off-take deal to buy 20 per cent of Denison's annual uranium concentrate production from 2010 to 2015 for an undisclosed price. Kepco will be entitled to appoint two directors to Denison's board

Bullboard Posts