Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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 Dreaminthedreamon Mar 25, 2020 12:50pm

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Post# 30845996

RE:Uranium Spikes on Supply Issues

Canaccord is forecasting a 45% jump in uranium demand by 2035 and is forecasting a rise in price to $50/lb from 2025.

"While bouncing off decade lows, we note the sustained uptick (nine months) in long-term pricing to $35/lb," analysts said.

Canaccord favours ASX juniors Vimy Resources, Boss Resources, Paladin Energy and Peninsula Energy due to advanced projects in low-risk jurisdictions.

Not much comfort for juniors that are running out of money.

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