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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
Post by sudzie191on Apr 17, 2016 9:10pm
228 Views
Post# 24777290

Stanley - how are you at X's and o's

Stanley - how are you at X's and o'sWell everyone could do this little exercise

Set up a 5 by 5 grid pattern of o's at 50M spacings,

So if this workds it looks like this

o o o o o

o o o o o

o o o o o

o o o o o

o o o o o

So 5 holes on each row, 25 holes

No infill drill at 25 meter spacings, so if this works it looks like this

oxoxoxoxo
xxxxxxxxx

oxoxoxoxo
xxxxxxxxx

oxoxoxoxo
xxxxxxxxx

oxoxoxoxo 
xxxxxxxxx
oxoxoxoxo

Now count the extra holes required for 25 meter spacings, 56, I think

THe obvious questions then is how long like in years and how much buxs to drill those 25 meter spacings to get inferred to indicated?

Would that be more than double the time to get the 50M spacing holes done?
So 3-4 years form now?

Would they run out of the $30M in cash they currently have to complete that?

Just a few obvious questions


 
Bullboard Posts