Fission Uranium (TSX: FCU; US-OTC: FCUUF) is currently in the midst of a $6.4 million summer work program at its near-surface Patterson Lake South (PLS) uranium project in northwestern Saskatchewan. It aims to complete the remaining resource and geotechnical drilling to field a pre-feasibility study (PFS) in 2018’s fourth quarter. PLS contains the Triple R …
In 1981, the Cigar Lake uranium deposit was discovered in Saskatchewan’s Athabasca Basin. A monster in its day, eventually sizing up at 290MM lbs. of U3O8 at a mine grade of 15%! Seven years later and 45 km (28 miles) away the McArthur River deposit was found, dwarfing Cigar with its 500MM lbs. of U3O8 …
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