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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 Apr 28, 2016 3:31pm
111 Views
Post# 24822023

RE:RE:RE:Resource Update

RE:RE:RE:Resource UpdateGreenday,
NXE will have moved the high grade sub zone from inferred to indicated at the end of current drill program. This is being done so the data is in hand to start  a pre feasibility study. FCU appears to have no intention of following RPA's $20 million recommended program to gather the data necessary to begin a pre-feasibility study. We can all surmise what the reason is. 

Greenday wrote: @ HighROI - There's no need for FCU to rush an update out the door as there's $89M in treasury and no need to raise cash.  NXE has the greater urgency.


Bullboard Posts