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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 purseon Nov 07, 2014 9:55am
243 Views
Post# 23106114

First Japanese nuclear power plant since Fukushima to resume

First Japanese nuclear power plant since Fukushima to resume
A local governor in Japan has given final approval to restart a nuclear power plant in southern Japan, the first to resume operations in the country under new safety rules imposed after the 2011 Fukushima Dai-ichi meltdowns caused by an earthquake and tsunami. Kagoshima governor Yuichiro Ito said restarting two reactors at the Sendai power station would go ahead despite the concerns of residents. “All things considered, I must say that we still need to rely on nuclear energy, and it is extremely important for us to steadily carry out the plan,” Ito told a news conference. The announcement marks the final step before the Sendai reactors are expected to go back online early next year following regulators’ on-site checks. Japan’s nuclear regulation authority in July gave them passing grades under stricter safety requirements that factored in the lessons of the Fukushima Dai-ichi meltdowns. All 48 workable reactors in Japan have been offline for safety checks or repairs since the 2011 disaster, except for two that have temporarily operated for about a year. Sendai would be the first to restart under safety rules imposed after the Fukushima crisis. The plant’s host town, Satsumasendai, has already voted to restart the plant. The governor’s endorsement completes the required process of local consent. Some residents are not convinced by the decision. At the prefectural assembly on Friday, the chairman’s announcement of the yes vote was nearly inaudible as about 200 citizens in the audience shouted their opposition. They stood up, some held “no” signs, while others shouted “Protect residents’ lives” and “Shame on you”, according to Kyodo News agency. Residents are particularly concerned about several active volcanos around the plant,. Shinzo Abe, the Japanese prime minister, has been pushing to restart some of the 48 reactors, saying a prolonged shutdown hurts the economy in Japan, which is heavily dependent on imported sources of energy. The minister of economy, trade and industry Yoichi Miyazawa, who visited Kagoshima to urge the governor to support the government’s energy policy, applauded Kagoshima’s announcement. “Gaining local residents’ understanding is very important,” he said.
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