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Be the first with the news that moves the market- Fission Uranium Corp. (FCU) has begun working on a winter program at its PLS property and staked a new property in Saskatchewan
- the program will test key areas identified for surface infrastructure as identified in the company’s feasibility study
- Fission Uranium also staked an 11,148-hectare property in the western Athabasca Basin region of Saskatchewan
- The new West Cluff property is nearby the past-producing Cluff Lake Mine
- Fission Uranium Corp. (FCU) is down 1.09 per cent, trading at $0.91 per share as of 12:55 p.m. EST
Fission Uranium Corp. (FCU) has begun working on a winter program at its PLS property and staked a new property in Saskatchewan.
According to the company, the program will test key areas identified for surface infrastructure as identified in the company’s feasibility study. Also, five drill holes have been designed to confirm groundwater modelling of certain sections of the R780E zone.
Ross McElroy, President and CEO of Fission Uranium, commented,
“With the superb results of our feasibility study now in hand, we will continue to develop our PLS uranium project at a strong, steady pace…. we will also be carrying out a number of work programs, including this new round of geotechnical drilling for the mine and mill facilities.”
In other news, Fission Uranium has staked an 11,148-hectare property in the western Athabasca Basin region of Saskatchewan. The new West Cluff property is said to be prospective for high-grade uranium. It is roughly 75 kilometres north of the PLS project and less than three kilometres west of the past-producing Cluff Lake Mine.
The Cluff Lake Mine produced over 62 million pounds of uranium. It is a ‘tectonically complex’ environment, similar to that interpreted on the West Cluff property.
Fission Uranium Corp. (FCU) is down 1.09 per cent, trading at $0.91 per share as of 12:55 p.m. EST.
