Fission Uranium Completes Drill Program, Advances Feasibility Study At Patterson Lake South Property

Fission Uranium Corp. (TSX: FCU) reported today that it has completed the summer drill program at its wholly-owned Patterson Lake South property in Saskatchewan, Canada. The resource company is now advancing the property to the feasibility study stage.

“With the 72-hole geotechnical summer program complete on schedule and with all goals successfully met, the work required for our feasibility study at PLS is off to a very strong start,” Fission Uranium CEO Ross McElroy.

The summer drill program was designed to support the advancement of the feasibility study at the 31,039-hectare property, including confirming the design of the proposed mining structure. The firm said preliminary assessment of the drill results indicated that the location of the proposed infrastructure is “optimal”; however, it is awaiting further laboratory results to confirm.

The company appointed Tetra Tech Canada as the lead consultant for the feasibility study.

Fission Uranium Corp. last traded at $0.84 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

200 Grams of Gold And 21% Copper — That’s Not Normal | Matt Wilson – Sterling Metals

Silver at $100? This Time It Might Stay There. | David Morgan

Critical Minerals Are Rerating! | John Passalacqua – First Phosphate

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Paladin Energy to Acquire Fission Uranium in a $1.14 Billion All-Share Deal

Paladin Energy Limited (ASX: PDN) has announced a definitive agreement to acquire Fission Uranium Corp....

Monday, June 24, 2024, 03:47:33 AM

Fission Uranium Advances To Detailed Engineering Design At PLS Project

Fission Uranium (TSX: FCU) is reporting that it has completed the front end engineering design...

Wednesday, August 28, 2024, 08:42:17 AM

Fission Uranium Receives Federal Approval For Paladin Energy Transaction

Fission Uranium (TSX: FCU) has been granted federal approval for its acquisition by the Australia-based...

Thursday, December 19, 2024, 08:19:43 AM

Fission Uranium Intersects 8.01% U3O8 Over 46.0 Metres

Fission Uranium Corp (TSX: FCU) this morning released the latest results from a drill program...

Monday, January 31, 2022, 07:54:30 AM

Uranium: Athabasca Basin Continues To See Explorers Stake Claims

Land continues to trade hands and be staked in the prolific Athabasca basin region of...

Monday, February 5, 2024, 09:15:00 AM