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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Comment by PamplonaTraderon Nov 04, 2015 8:05am

161 Views

Post# 24256636

RE:Upsizing the NI 43-101 PEA with R600W+...

What utter cr@p!

Not only are you using the mickey mouse baseline assumptions from the scoping study (only accurate within 50%), but you are assuming a 100% increase in high grade reserves?

From a 14 year mine life to 19 years in scenario 1, an 83% increase in high grade. Half of it 3 years of preproduction.

From a 14 year mine life to 20 years in scenario 2, a 100% increase in high grade, again half of it from 3 years of preproduction.

Do you work with RPA on these ridiculous inputs?

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