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Fission Uranium Corp. (FCUUF) is a Canadian uranium project developer and 100% owner of the Patterson Lake South uranium property. The company is focused on developing the PLS high-grade uranium project in Canada's Athabasca Basin region. With common shares listed on the TSX Exchange under the symbol 'FCU' and trading on the OTCQX marketplace in the U.S. as 'FCUUF', Fission Uranium Corp. is dedicated to advancing its proposed high-grade uranium mine and mill.
Fission Uranium Corp. has appointed Jeff Pryznyk as its new Environmental Manager, replacing Aaron MacDonell. Pryznyk brings over two decades of experience, including 15 years at Cameco's Cigar Lake mine, overseeing environmental management and regulatory affairs. His role will focus on leading the Environmental Assessment process and submitting the Environmental Impact Statement, enhancing Fission's sustainable development initiatives. This leadership change is expected to strengthen the technical team as the company progresses through the development phase at Patterson Lake South (PLS).
Fission Uranium Corp. announced a Feasibility Study (FS) for its Patterson Lake South (PLS) project, confirming its position as a leading uranium project globally. The FS reveals a 10-year mine life with a Life of Mine (LOM) production of 90.9 million lbs U3O8, an after-tax NPV of CAD $1.204 billion, and a post-tax IRR of 27.2%. Initial CAPEX is estimated at CAD $1.155 billion, slightly lower than the previous pre-feasibility study. The project boasts a low OPEX of CAD $13.02/lb U3O8, contributing to its economic viability while maintaining minimal environmental impact. The study also indicates potential for resource growth through future exploration.
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