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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 gonefishing5879on Dec 30, 2013 9:17pm
500 Views
Post# 22047112

RE:McElroy TNM interview - well worth reading

RE:McElroy TNM interview - well worth reading I particularly appreciated his explanation of why they applied for a patent on their radiometric survey... TNM: This patented process, it relates to improved computational power? RM: That is part of it. It’s a different sequencing of sodium iodide crystals in the thing. It’s a quite complicated array of 16 large crystals. And it’s inside the fuselage of a fixed wing aircraft. And the computational power is incredible. And what it does is give us the ability to have real-time, real-space signatures for any radiometric anomaly. Normally in a radiometric airborne survey, you get a blurry picture. I don’t know if you’ve seen that ad, where to dissuade you from drinking and driving, they put all those beer glasses in front of you and the road gets mucky? That’s sort of what a standard airborne survey does. You just don’t see anything. But ours gives you a real clarity of anomalies, such that you can follow those up on the ground within several metres to detect what that anomaly is. Now, nobody else can do that, and that’s why we filed a patent on this thing. That’s what we did with our airborne survey — it outlined this bright area with pinpoint accuracy, then we went out prospecting and mapping, following up these anomalies, and sure enough, there’s high-grade uranium in the best part of the airborne anomaly. We took over as operator again in 2012, and in November 2012, we made the discovery, and that was with drill hole 22, about a couple of kilometres up-ice from the northern tip of the boulder field. It is hard to imagine that Ross and his gang will suddenly stop expanding this deposit due to poor drill results. Wih the impending shortage of U3O8 that is predicted and the quality and depth of this deposit, it is feasible that this could be bought out before there is a resource estimate. Just sayin.... SN
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