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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 Rover90on Aug 07, 2018 6:56pm
275 Views
Post# 28424293

Northerner Miner - Ross nicely says Athabasca UG mining

Northerner Miner - Ross nicely says Athabasca UG miningis dead.........https://www.northernminer.com/news/site-visit-fission-pushes-forward-pls-with-6-4m-summer-program/1003798399/

On PLS

“The deeper these things are the more technically challenging,” McElroy says. “That’s one of the things that sets us apart. There’s no other large high grade uranium deposit near surface in the basin.”
 
Fission CEO Dev Randhawa adds, “Being shallow, there are lots of buyers for us. Where as if you’re underground, you have to ask yourself who has the skill set to take it out of the ground. That’s very limiting. But a trucking operation is pretty straightforward.”

Site UPDATE -

"The company currently has a barge set up on Patterson Lake above R780E and has already drilled three of the planned nine holes"

Dev on Nexgen -

“In order to hand in your environmental report they say, ‘Have you done control studies?’, and we started ours right away,” Randhawa says. “So because we made our discovery two years ahead of NexGen for example, we’re two years ahead of them in permitting. That’s just math. There might be a year where it looks like its one year, but it’s always two. As long as you start your permitting right away, you keep that advantage.”


Arrow Project is DEAD.
Bullboard Posts