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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 Banner60on Jun 21, 2016 12:27pm
99 Views
Post# 24983885

Pros of Nuclear Energy

Pros of Nuclear Energy

Advantages of Nuclear Energy

1. Lower Greenhouse Gas Emissions : It has been calculated the emission of the greenhouse gas has reduced for nearly half due to the popularity in the use of nuclear power. Nuclear energy by far has the lowest impact on the environment since it does not releases any gases like carbon dioxide, methane which are largely responsible for greenhouse effect. There is no adverse effect on water, land or any habitats due to the use of it. Though some greenhouse gases are released while transporting fuel or extracting energy from uranium.

2. Powerful and Efficient : The other main advantage of using nuclear energy is that it is very powerful and efficient than other alternative energy sources. Advancement in technologies has made it more viable option than others. This is one the reason that many countries are putting huge investments in nuclear power. At present, a small portion of world’s electricity comes through it.

3. Reliable : Unlike traditional sources of energy like solar and wind which require sun or wind to produce electricity, nuclear energy can be produced from nuclear power plants even in the cases of rough weather conditions. They can produce power 24/7 and need to be shut down for maintenance purposes only.

4. Cheap Electricity : The cost of uranium which is used as a fuel in generating electricity is quite low. Also, set up costs of nuclear power plants is relatively high while running cost is low. The average life of nuclear reactor range from 4.-60 years depending upon its usage. These factors when combined make the cost of producing electricity very low. Even if the cost of uranium rises, the increase in cost of electricity will be much lower.

5. Low Fuel Cost : The main reason behind the low fuel cost is that it requires little amount of uranium to produce energy. When a nuclear reaction happens, it releases million times more energy as compared to traditional sources of energy.

6. Supply : There are certain economic advantages in setting up nuclear power plants and using nuclear energy in place of conventional energy. It is one of the major sources of electricity throughout the nation. The best part is that this energy has a continuous supply. It is widely available, has huge reserves and expected to last for another 100 years while coal, oil and natural gas are limited and are expected to vanish soon.

7. Easy Transportation : Production of nuclear energy needs very less amount of raw material. This means that only about 28 gram of uranium releases as much energy as produced from 100 metric tons of coal. Since it’s required in small quantities, transportation of fuel is much easier than fossil fuels. Optimal utilization of natural resources in production of energy is a very thoughtful approach for any nation. It not only enhances the socio-economic condition but also sets example for the other countries.

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