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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

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Comment by sudzie191on Mar 27, 2016 11:02am
175 Views
Post# 24702882

RE:PLS M lbs at Apr 30??????

RE:PLS M lbs at Apr 30??????Rover - nice table

So by the end of 2016 we get that total 190 (indicated +inferred) for FCU, plus the 200 currently inferred from NXE plus perhaps another 50 million, so whats that 440 million, then add in Shea Creeks 100 million and we are at 540 million lbs.

So thats our target. And a good reasonable number I think

Winter drilling in 2017 will begin to add to that, and by 2nd quarter of 2017 we start to get takeover dealings/discusion for the whole shebang.

And a new Patterson Lake Mining district begins, with new townsite, airport, mill, all the open pit und underground mines. Big deal for the Saskatchewan economy.

I predict it will be a consortium of Cameco, Areva, and the Chinese.  So there will have to be a new Chinese restaurant in new Patterson Lake village, lol




Rover90 wrote: The following is my guess to the PLS M lbs at Apr 30, 2016....do your own DD


Forecast            
M lbs            
     108.3 Current 75% Indicated, 25% Inferred    
     16.25 Add 15% see Technical Report 43-101 Page 96 of 140 vs current "same" below. Growth mainly in width. Triple R infill reduced Inferred %.
     17.50 R600W 2015 FC 15 to 20M lbs David Sadowski estimate Q4 2015
       4.38 R1620E 25% of R600W        
       8.75 R1620E 2x 2016 growth        
     35.00 R840W, 500meters growth from R600W to the west  
             
     190.2 Total          
     142.0 Indicated, maintain 75/25 split      
       48.2 Inferred          
             
Notes            
     10.00 PLG-1B 500m north of R600W, 200m in Length    
  Technical 43-101 https://www.fissionuranium.com/_resources/reports/RPA_Fission_U_Patterson_Lake_South_Technical_Report_FINAL_Feb_2015.pdf
  Current Map   https://www.fissionuranium.com/_resources/zoom2/PLS16_Winter_DDH_Update_with_ENTIRE_RADON_21Mar16.jpg?r=17226
  2.7 km strike length excluding Boulder Field and PLG-1B conductor (500m north of R600W)
  Do your own DD        



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