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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 Jun 17, 2014 10:13am
320 Views
Post# 22666286

Assays Duds

Assays DudsI find it interesting that what we consider dud holes from PLS assays are well above most assays for mines elsewhere in the world.  These mines average about .03% U308 or less than 1 pound of U308 per ton. So they don't look so bad, they are usually reported in PPM rather than %. 
The  assay reported for hole 166 in the last report, has 88m of about .10 %.
Most of us discount  it as a dud but it has 2.2 lbs of U308 per ton which would make a miner very happy in many assays other than the Athabaska basin. No doubt the ore from this hole will be processed when mined and add lots of pounds to the overall deposit. 
Bullboard Posts