Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

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Post by stanleyon Mar 23, 2015 7:51am

294 Views

Post# 23550003

CIM-Definition Stds for NI43-101 Compliant Mineral Resources

Lurk & Learns:

As FCU continues to expand the mineral resource base (with high hit rate in-fill drilling) it c/would be helpful to be cognizant of the definitions used by engineering companies in the preparation of resource estimates (then Whittle shelled) b4 the PEA, FS, BFS, etc.

This c/should help to differentiate the interchangeable (mis) use of reserves and resources going foward.

See also the Kinross defintions (Google: indicated inferred).

CIM Definition Standards for Mineral Resources

FWIW - As we get closer to the PEA, L & L's may find the proper definitions helpful b4 posting/reading comments, text & tables.

Cheers
Stanley

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