Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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.

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Fission Uranium Corp

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Comment by dman34on Aug 08, 2013 4:51pm

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Post# 21657705

RE:RE:END OF DAY TAKE DOWN BY ANONYMOUS

Why would a major like Cameco wait for AMW/FCU to finish up this drill program and pay more for PLS if they already feel that it's mineable? I'm sure based on what's been proven already by the drill bit they could come to their own rough resource estimate. What other deposits are there in the world that can be dug out cheaply via open pit?

I wouldn't be at all surprised if majors are already sniffing around this one.

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