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 > Technical Hissy Fit

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Comment by Uraniuman308on Nov 10, 2021 10:36pm

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Post# 34113285

RE:RE:RE:Technical Hissy Fit

Unfortunately, no discussion on share infrastructure can happen until FCU completes their SECOND FS. As Ross mentioned during an interview, a project needs to demonstrate stand alone economics in a FS. So, with our SECOND FS at least year away, expect no announcements on shared infrastructure any time soon. Mis step? Ya think! JMO

Greenday wrote: @ 199930 - Thanks for that. A number of different ways to look at the NR. One way is that it is bad in that it stalls the development of the PLS corridor. But the second way is that it is good in that it pressures NXE and FCU into sharing infrastructure rather than duplicating infrastructure. Uraniuminsider offers his view on the NR.

https://youtu.be/bCMwvWmrFPQ