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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
Comment by Solveron Nov 21, 2014 8:34am
358 Views
Post# 23151169

RE:RE:RE:RE:RE:Fire Assays for Gold

RE:RE:RE:RE:RE:Fire Assays for GoldYour question has two components.  1st if the boulder(s) are from a certain ore body, their ICPcomposition will be very similar to the top composition (or shear level) of the ore body.  You often see boron, copper, nickel and other elements used as tracers......kind of like genetic tracing to see if they are really related.  However the boulders would have been subjected to surface leaching by rain and air so there could be slight variations.  ICP analysis will ID this.

But.....It does not necessarily mean that it is from the MAIN ore body.  We do not really know at this point, or it hasn't been revealed, if they feel it is from a main ore body or if there is really a core or central point.  Most deposits in the Athabaska basin do have a type of high grade core.  In this case the ore body is at best massive over a large area and the highest U content may yet to be found.  It is an unknown to us investors at present.   Every time they drill,  the ore seems deeper and richer and they expand the lbs.  Ball park calculations, assuming the ore body is (as it seems) rectangular ......every 10 meter expansion N,S E and W (assuming a consistent mineralization depth) adds approximately 22% mineralization or potential lbs.

In any case the boulder field was an arrow pointing to a Uranium deposite to the NE.  No two ore bodies in the world are precisely the same, in fact composition could change from the top to bottom of an ore body depending on a lot of geological factors of time, temperature, moisture etc.. 

My point was that they have not alluded to or given out any information that the present ore body is entirely related to the boulder field.  Because the boulders were soft from the geological point of view and very friable, chances are that they did come from the present discovery not from far away.........but the main core of ore body remains a question mark???  Perhaps this one does not have a core like Cluff Lake or it may be more subtle.  Only way to tell is to physically analyze drill cores and that means more drilling.  I think more drilling  will come about after the initial 43-101. It may fool a lot of people if it comes in on the conservative side!  Next few weeks should tell the story and anything up to then is basiclly theory.

Bottom line:  initial resource estimate....43-101   1st..  Be patient, it is the best know discovery in the world to date!

Solver
Bullboard Posts