(Source: Fission Uranium.)
  • Fission Uranium (TSX:FCU) is about to commence geotechnical drilling at its Patterson Lake South high-grade mine and mill project
  • The company will use these results to support the detailed engineering design of the waste management and landfill facility, tailings management facility and ventilation shafts
  • Fission will finalize the details of engineering designs, vendor supply packages and construction work packages to enable the team to proceed with procurement, fabrication, installation and construction of the various components of the PLS project
  • Fission Uranium Corp. stock last traded at C$1.06 per share

Fission Uranium (TSX:FCU) is about to commence geotechnical drilling at its Patterson Lake South (PLS) high-grade mine and mill project.

The Kelowna, B.C.-based resource company will use these results to support the detailed engineering design of the waste management and landfill facility, tailings management facility and ventilation shafts.

In this phase, Fission will finalize the details of engineering designs, vendor supply packages and construction work packages to enable the team to proceed with procurement, fabrication, installation and construction of the various components of the PLS project including mine development, processing plant and infrastructure.

Drilling is scheduled to begin in the first week of April and the company expects to transition from the current front end engineering design stage to detailed engineering by early Q3 2024.

The 32-hole geotechnical drill program will support the detailed design of the tailings management facility, the waste management and landfill facility as well as ventilation shafts. The is set to be completed by early May.

“Fission Uranium’s high-grade uranium mine and mill project at PLS continues to advance at a strong pace thanks to the vast experience of our in-house development team, and the advantages of having a shallow, decline access mine plan,” Ross McElroy, president and CEO of Fission, said in a news release. “We are now very close to completing the front end engineering design and, with the recent submission of our draft environmental impact statement to the Province of Saskatchewan, our timelines for permitting are also on schedule.”

Fission Uranium Corp. is a Canadian uranium project developer and 100 per cent owner of the 310-square-kilometre Patterson Lake South uranium property – a proposed high-grade uranium mine and mill in Saskatchewan’s Athabasca Basin.

Fission Uranium Corp. stock last traded at C$1.06 per share and is up 55.88 per cent since last year.

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