Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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.

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Fission Uranium Corp

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Comment by Porto54on Jan 03, 2018 1:42pm

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Post# 27272121

RE:Today's NR the appetizer... RE Main Course coming soon ;-)

Happy New Year Quakes.
Thanks for the recap on the news release. It's always nice to hear your take on the news. Sounds like it's going to be a good year!

quakes99 wrote: Pretty amazing results out of today's news release. Not only did they publish some of the best shallow high-grade assays anywhere in the world, they also gave some hints that the recovery rates and production efficiencies could increase significantly from those in the PEA, which could further increase the annual yellowcake production rate and profit margin.

Just imagine... a 108m column of "continuous" high-grade #U3O8 taller than a 30-storey office tower, with average grade of 8.5%, some floors at 28%! Incredible! And at just 56m below surface. Another reminder why PLS is best shallow high-grade #uranium discovery in 40 years! It's why Mining Journal named it the #1 Undeveloped Deposit for ANY commodity in the world.

Hasn't been a discovery like this since Key Lake back in the 1970's.

But this is just the appetizer, the warm up for the really big News Release yet to come. The planned Resource Estimate update was delayed in waiting for today's results, but now RPA will have the full meal deal to use in producing their independent updated Resource Estimate. Shouldn't take them long to amalgamate these latest results into their report.

Savour the appetizer... the main course is being prepared in RPA's kitchen. ;-)

Good luck to the patient longs!

@quakes99