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.

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Fission Uranium Corp

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Post by BobbiOreon Aug 04, 2015 7:56pm

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Post# 23989017

BHP

BHP is the top of my most likely list to take a stab at PLS. Afterall, they could use that $430 million Cameco gave them for Yeelirrie to buy PLS. That would be one heck of a tradeoff!

https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/cameco-acquires-bhp-australian-uranium-deposit-for-430-million/article4500275/

We believe Cameco could be using the current period of disillusionment with uranium and the nuclear industry to build an inventory of larger projects that could find their way into the company’s development pipeline over the next decade,” Greg Barnes, an analyst with TD Securities Inc. in Toronto, said in a research report on Monday.

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