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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 bridgetonowhereon Oct 12, 2014 11:00pm
511 Views
Post# 23023128

TSX

TSXThe surprise TSX listing raises some suspicions that a take-out offer may come sooner than later.  The reasons for FCU having made the move to the TSX now seem somewhat limited, but could easily be a response to the number of NDA's FCU has signed with different companies.  Seven NDA's with two companies back for a second look before the 43-101 is released suggests that there is some serious interest in the deposit.
Bullboard Posts