Fission Uranium advances PLS toward feasibility

By Canadian Mining Journal Staff / January 30, 2019 / www.mining.com / Article Link

Fission Uranium of Kelowna, B.C., is advancing the Triple R deposit at its Patterson Lake South property to the feasibility stage. 28 geotechnical holes are to be drilled as part of the resource development phase of work, which is set to begin the first week of February.

Fission laid out its program: 13 holes will be drilled in the Ring Dyke and Cuff-Off wall. Three holes will examine rock mechanics and resource expansion. Four holes will be used for hydrological pumping and monitoring. The potential for acid drainage from waste rock will be studied. A search will be made for suitable aggregate and clay sources for surface infrastructure construction. Additional environmental data will be collected. And finally, community and stakeholder relations will be advanced.

Uranium mineralization of the Triple R deposit has been traced along a 3.18-km strike length below 55 to 100 metres of overburden. It remains open in several directions.

Fission president, COO and chief geologist Ross McElroy noted that the pre-feasibility report on Triple R is due by the end of March this year.

(This article originally appeared in the Canadian Mining Journal.)

Recent News

Major metals not gaining much on China stimulus announcements

December 16, 2024 / www.canadianminingreport.com

Spectre of stagflation looms over base metals

December 16, 2024 / www.canadianminingreport.com

TSXV large gold gains overall, but a mixed story underneath

December 09, 2024 / www.canadianminingreport.com

Large cap gold underperforms juniors

December 09, 2024 / www.canadianminingreport.com

Swings in geopolitical risk premium a major recent gold driver

December 02, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok