Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 8:54am
183 Views
Post# 24464703

Journal Star,Jan 14,2016

Journal Star,Jan 14,2016

The Crow Butte uranium mine in the Nebraska Panhandle is running out of ore, and the company that runs it wants to open up to three expansion mines to keep its processing plant there running.

Applications for the expansion sites near Crawford are under review by the Nuclear Regulatory Commission. Cameco America spokesman Ken Vaughn, who is based in Wyoming, said the company hopes to make significant progress in the federal regulatory process this year toward opening one of the new mines, called the Marsland expansion.

When it would actually come online depends on both regulatory and market factors, he said.

“At present the market for uranium is fairly depressed. We’re confident in the long term, but the exact timing of when the Marsland project would be developed will depend on those two factors -- the approval and the market,” Vaughn said.

Nancy Kile, a Crawford area resident who opposes continued uranium mining in the area, traveled across the state this week to ask the Nebraska Game and Parks Commission to take an official stance against the planned expansion.

Kile said the mine endangers area water and ecotourism. Fort Robinson State Park, which boasts 22,000 acres and is the site of a historic military outpost, is just west of the mine.

The Game and Parks Commission said it would consider her comments.

Vaughn said the facility has never polluted a neighboring well nor downstream river. There are 375 monitoring wells at the site.

Cameco began commercial operation of the Crow Butte mine in 1991 and employs about 40 people at the facility.

While the mine's life still extends for years, its productivity is steadily dropping, Vaughn said.

 
 
 
Pause
Current Time0:00
/
Duration Time0:00
 
Loaded: 0%
Progress: 0%
0:00
Fullscreen
 
00:00
Unmute

Cameco produces uranium concentrate at the Nebraska site, which is then sent to other facilities to be turned into nuclear fuel.

Cameco mines the uranium through a process where a solution is injected into the ground, dissolving the ore. The liquid is then pumped to the surface and processed.

Crow Butte’s permit covers an area of about 2,800 acres, of which 2,000 acres involve mining activity.

The Marsland expansion includes an additional 4,600 acres, of which 1,750 acres would be included in mining activity.

 

Copyright 2016 JournalStar.com. All rights reserved. This material m


Bullboard Posts