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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 sudzie191on May 01, 2015 7:22pm
332 Views
Post# 23687204

RE:Strategy for next drill program

RE:Strategy for next drill programHi Quakes

Since I am now in charge of the summer drilling program, lol, heres what we gonna do.

We have a grid at right angles to a southwest to northeast centreline over the deposit.

Prior to the winter program we had input all the previous drilling assays to develop a 3D model of the deposit.

By carefully studying the 3D model we could see where hi enrichment zones were truncated by just not having any drill data, and also many other zones where we needed infill drilling to determine if we had ore between big zones.

So in this winters program we put down holes beside those hi grade truncated areas, and in the intervening regions to build on both indicateed and inferred. In many cases we put holes above or below our previous good holes and added very significantly. We also tested some stepouts to see if we could extend things, and this worked out mostly to the north.

We also infilled a bit more towards the northeast and found some more peripheral ore and also in regions between previous drilling.

So all of those results are being incorporated into an upgraded 3 D model. THis will again after careful study enable us to see where it is obvious to put down holes to build both indicated and inferred.  We will be especially interested in putting down holes in the hi grade areas that don't have any data from extensions away from the ore body, ie where we think hi grades are open.

So thats it for R780 in a general way, and we are very optimistic about adding substantially.. Of course we have to put our barges back on the water and set the drilling rigs up on them, get permits to drill on the water again, set up our supply boats to deliver fuel, food, drillers back and forth.

For R00E we tested the periphery for extensions but with limited success, so we have to study that very carefully to see if we missed anything. We also put down a few holes between R00E and the southwestern region of R780 with limited success

Now for R600W we will have a 2 pronged approach. One is a careful stepout just to follow the deposit and study the geology to determine how to keep following it. In addition to that we will do a few large stepouts after we study our initial drill holes. Since R600 is on land we can start drilling as soon as ground conditions are suitable after the spring thaw. Obviously wet areas will have to wait. Our main objective with R600W is to determine how big it is, and the potential for extensions to it, ie with other similarly sized deposits along the southwest to northeast corridor.

There may be some regional holes also that we have been wanting to test.

And in particular, we want to see what our radon gas surveys show us out towards NexGen to see if we can identify potential targets in that direction soas to perhaps interconnect in some way the R780 region with NexGen.

So thats about it, we are well funded for the drilling, food for the gang, beer for the hot days, fishing gear for Fission, lol, and are really looking forward to an exciting summer
.

Ovver the summer, we should have lots of news coming from the drilling, and perhaps from the ongoing discusions about how this all comes together in a mining deal to put this  southwest corner of the basin into production in the future.

There should be some news out soon on pending assays, and more details about our upcoming summer drilling program.
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