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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 infocountson May 22, 2015 3:36pm
254 Views
Post# 23755763

Question re CNCC International projects

Question re CNCC International projects
A question for Qakes (or anyone who has an informed opinion):

How well does FCU stack up against this paragraph in the article outlining CNCC requirements:

"Projects with economic development potential should have at least 30,000 tonnes of uranium resource, cash production cost no higher than US$25 a pound and total production costs of no more than US$45 a pound, [CNNC International chief executive Wang Ying] added."

My assumption is that FCU (in some manner)  more than fits the bill, but it would be nice to hear from others with greater knowledge than I have. Thanks.

Link: https://www.stockhouse.com/companies/bullboard/v.fcu/fission-uranium-corp#7RPtWGIlBtmHCei0.99
Bullboard Posts