Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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 U3O8Foreveron May 18, 2014 5:52pm

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Post# 22574483

RE:RE:RE:RE:RE:RE:RE:RE:Sask U-mine plan shelved

Millennium resources total in excess of 100 M lbs. As the mineralization is hosted within competent basement rocks expensive freezing technologies are probably not required. The average grade of nearly 5% U3O8 is also attractive. This is an attractive deposit but the U spot price needs to be considerably higher >$60 /lb. to make an acceptable ROR.

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