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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
Post by toriddogon Apr 21, 2014 3:50pm
553 Views
Post# 22473715

Re Cameco

Re CamecoThe main reason Cameco will be interested in PLS is because it will be an open pit mine and avoid the issues and cost of underground mining of Cigar Lake and McArthur River. 
In addition, PLS size and final grade of the ore has yet to be determined and the cost of developing the mine will be much less. PLS will be sold and will be very profitable to the company that brings it into production.
I hope it is Cameco and they make the purchase by a share offer so I can stay invested in PLS . 
Bullboard Posts