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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
Comment by teeveeon Mar 03, 2016 10:55am
78 Views
Post# 24617245

RE:200M inferred

RE:200M inferredSudzie, 
Look at the ver conservative and small block size in the wire frame model. The current infill drill program will probably add another 100 million pounds, and over time, with continued drilling from surface and eventually underground, Arrow will double in size. 

sudzie191 wrote: Well in my ebates with teevee and his 400 million, Pampies 600 million, I was closer at my 150 million.

If I include all of the inferred from FCU plus a sensible addition form FCU summer drilling, then together with the NXE which is 100% inferred tHere is now approximately $15 billion dollars worth of uranium between FCU and NXE. 

This assumes a 3% yearly escalation of the price of uranium starting at $65 number used in the RPA report

I have been keeping a personal spreadsheet of this since about last summer.

I am not surprised to see Cameco picking up land in the region as per the newsy 2 weeks ago.

THe fun has just begun, lol




Bullboard Posts