Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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 shakerman640on Aug 27, 2015 5:49pm

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Post# 24057525

Brent Cook of Exploration Insights comments on NXE & FCU/DML

https://www.stockhouse.com/news/newswire/2015/08/27/brent-cook-eric-coffin-and-rob-mcleod-reveal-their-thoughts-on-dozens-junior

On uranium:

COOK: Nexgen has made a real discovery and deserves credit. I have not bought it because the depth requires UG mining. Doable but there is a lot more involved than with Fission Uranium's (TSXV:FCU, Forum) deposit that can be mined OP. Big cost and permuting benefits. If I were say Cameco (TSX:CCO, Forum), for instance, that would be a big factor.

I understand the differences between sed hosted and basement hosted at NXE but, for my money, I would rather own the PLS deposit.

COOK: Now that FCU merged w/ Denison (TSX:DML, Forum), it means FCU is not going to be so adversely affected by the capex the upcoming PEA will show. I think was overall a good move. Now it all depends on uranium price.

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