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.

TSX:FCU - Post by User

Fission Uranium Corp

Bullboard Posts

Comment by Utraderon Jan 19, 2016 3:18pm

176 Views

Post# 24473446

RE:RE:RE:RE:RE:RE:RE:RE:More cannon fodder for Dev.....

Any new mines require the environmental assessment approvals and any other government approvals to move forward. Like any other new business, I can't see them not approving the permits if all of the assessments pass. Saskatchewan is open for business in Uranium. They want to have the economic benefits.We all know it can technically be done.
It will be approved!!!

MKBurns2000 wrote: If you have the patience to look past 22 seconds you'll see that the company at 45 seconds used a .05% cut off grade and it did not materially change the ore body whatsoever. (Or VERY VERY VERY minimal).

In the MD&A SRK has been doing all the previous work so I would suspect that is who they would be using for the resource calculation. THEY will ultimately decide what cutoff grade needs to be used (depending on price of U) for an underground mining scenario. NOT the NexGen or Fission team.

Also, comparing Diavek to this is ridiculous. Obviously, technically its feasible - the question is whether or not Saskatchewan is going to permit an open pit mine that requires Fission to either move, dyke or freeze a body of water to access the ore. Something which they haven't done in 30 to 40 years.

Once again feasible, but not something that anybody on this bullboard has the experience in going through to say whether it will work or not.....