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

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Comment by SkipperTon Mar 10, 2016 2:17pm

128 Views

Post# 24644596

RE:RE:RE:RE:RE:RE:Re Cash Burn

I would think that now that there appears to be enough ore between NXE and FCU to justify a new mill in the area' that Cameco can no longer sit on their hands and wait at the risk of some competitor taking out NXE and FCU and setting up nextdoor. It only make sense that FCU with it's shallow 'starter pit' and NXE with the additional lbs required to justify a mill, will be combined at some point or do a joint venture on a mill construction. JMHO

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