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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 Sep 09, 2014 9:43pm
428 Views
Post# 22921710

Drilling Progress to date

Drilling Progress to dateMy records show the following on drilling to date for the summer 2014 program. 

Holes reported                    Total Mineralization               Total offscale
      54                                            3056 metres                    87.88 metres

Hole numbers have been assigned to another 15 holes that have not been completed yet or not reported. The original drill plan was for 63 holes so maybe they have gone past the original plan using the money from the last share offering.
Not to shabby when you consider that the 54 holes were too expand the main PLS deposit and some misses were expected. Results are far above what most of had hoped for, which makes the stock price so hard to understand. 
So we have a pile of assays to come. All 3056 metres of mineralization are likely well above the average grade in other deposits around the world, as has been the case in previous drilling at PLS.

Bullboard Posts