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

Bullboard Posts

Comment by teeveeon Aug 30, 2015 9:49am

166 Views

Post# 24063109

RE:RE:RE:RE:RE:RE:RE:Nonconfidence vote - Voting out the CEO

It is the other way 'round. There already is a high degree of confidence that NXE has well over 200 million pounds. FCU on the other hand, does not have sufficient resources outlined to justify a stand alone mill.

righand2 wrote:

teevee wrote: I stand by my statement that there are no synergies between FCU and NXE as it is likely that mineralization at FCU and NXE would be incompatable as mill feed, making it necessary for both FCU and NXE to need their own stand alone mills, and for each company to find enough ore to justify building them.

So you are saying NXE will never be developed, as they will never have enough U to justify a stand alone mill? Thanks for clearing that up.