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.
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