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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 marcel39on Jan 16, 2016 8:44am
134 Views
Post# 24464691

Roanoke Times,Jan 14,2016

Roanoke Times,Jan 14,2016

RICHMOND — Attorneys for a Virginia company that wants to mine a rich deposit of uranium are trying anew to end the state's decades-long ban on the mining of the radioactive ore.

A federal judge in December rejected Virginia Uranium Co.'s bid to lift the 1980s vintage ban. The Pittsylvania County company had argued that the federal government should have the ultimate say on uranium mining, not the state.

This month, attorneys for Virginia Uranium filed a notice of appeal to the U.S. 4th Circuit Court of Appeals in Richmond.

The object of the court fight is a 119-million-pound deposit of uranium beneath the rolling hills of Southside Virginia.

The company has also seeking relief in a state court, arguing the state ban violates the company's property rights.


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