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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 Realstoneon Mar 04, 2016 7:35am
106 Views
Post# 24620943

RE:NXE Posters Are Buying The Drinks

RE:NXE Posters Are Buying The Drinks IMO the reason that the resource is inferred rather than indicated is that there simply are not enough holes drilled to give the engineer the data he or she needs to move the needle from 'inferred' to 'indicated'.  The real questions are: How much will this infill drilling cost?  And what ratio will NXE's management spend their limited capital resources on, infill or resource expansion exploration?  And how will they fund all this extra drilling?  Further dilution?  My guess is that they will go for wildcat drilling to try to keep sp momentum going and growing.  Let's hope that gambit pays off.
Bullboard Posts