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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 Utraderon Aug 25, 2016 12:14pm
144 Views
Post# 25176348

RE:New Zone

RE:New Zone

Ross McElroy, President, COO, and Chief Geologist for Fission, commented,

"We are highly encouraged by the exploration drilling 600m west of the R840W zone. The discovery of uranium pathfinder elements in this area highlights the strong potential for mineralization as we push towards the high-grade boulder field, approximately 2.5km west of our 2.63km mineralized trend. We are also very pleased with the successful, high-grade step out, 30m west of the R840W zone, which confirms that the zone is wide open to the west. Finally, it is important to mention the discovery of mineralization at depth beneath the Triple R deposit. This is a virtually uncharted area for us and illustrates the potential to expand the Triple R resource at depth. All three areas warrant aggressive follow up in the next drill program."

Additional Exploration Results Detail

  • Uranium Pathfinder elements drilled 600m west of R840W
    • PLS16-490 (1665W) returned anomalous boron (up to 775 ppm) and uranium (up to 115 ppm) pathfinder geochemistry approximately 600m west on strike from the R840W zone


Utrader wrote: We have a new zone 600m west of the R840w zone. Think of the amount of LBS. that could possibly be developed if the 2 zones were connected. From R1620E in the east to the new zone in the west. What would the total resource number be if that were the case? Think of the possibilities. No wonder BMO picked Fission as their number 1.


Bullboard Posts