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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.


TSX:FCU - Post by User

Bullboard Posts
Comment by sudzie191on Nov 23, 2016 11:31am
103 Views
Post# 25502374

RE:RE:RE:A bit dissappointed

RE:RE:RE:A bit dissappointedI had a very long discusion with FCU Chief Geologist at the PDAC conference last March about using seismic techniques. At that time it was not yet put forth for the summer budget.

So after my chat, they met with their Directors now including the CHinese, got it approved and hired the team to do the seismic first in the lake, as in the lake it is quite easy to pull a sound source on a GPS pattern, and listen with the megaphones to record the data. Its this data that can be analyzed to show fault structures, ie the weaker regions of the earths crust where uranium may have been forced up through to the surface in the form of deposits.  Togwether with other information, these regions become high priority targets, and they may be new conductors or offshoots of the current deposits.

Depending on the success of this technique, they may do it in the winter on land where they can drive around on the snow with skidoos pulling the sound source, and listen with megaphones.

So this could be an exciting winter drill program to identify many new potential deposits.

Stay tuned, this may be a biggy development, perhaps even double the size of PLS, and shorten the time to do it, and at much less costs by simply helping to identify structures better that may host uranium.






Thatsnice wrote: Many thanks for this. I guess I think that it must still be balmy in central Canada because of the warmish coastal weather period we have been having.

That and Rover's just posted news item have given a big lift to the day. :).

Still can't stop myself though from chomping at the bit though.

I do hope that FCU's new ideas at locating ore bear fruit and am very much looking forward to their report on their sucess or not. Maybe it might be some patentable method that can be used for other mining explorations.

Patiently waiting (Ha!) for new results.

TN


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