R840W Drill Program: Additional Drilling Aimed at Increasing Indicated Resource Used in Feasibility Study: Concurrent to the Phase 1 program, Fission is deploying two core drill rigs to carry out Phase 2 of its resource expansion program (25 holes in 5,830m ). Four drill rigs will be deployed for this purpose. Mine Geotechnical Assessment for R780E and R840W Zonesįeasibility Study Drill Program: Extensive drilling (73 holes in 9,945m ) will be carried out for the collection of all required geotechnical, hydrogeological, geochemical and metallurgical data.Infrastructure Foundation Geotechnical Assessment.Tailings Management Facility "TMF" Assessment. ![]() Phase 2 will use the data collected from Phase 1 to further refine the design of the underground mine, surface infrastructure plans and Tailings Management Facility to be incorporated into the Feasibility Study, and more detailed plans for Phase 2 will be announced in the near future.įor the Phase 1 program, the company has been focussed on optimizing the site surface layout and has made adjustments to the location of the ramp access, waste stockpiles and processing plant – see Map 1 for updated plans. The FS will comprise two Phases: Data collection and assessment (Phase 1) and Design (Phase 2). The Feasibility Study will be led by Fission's VP Project Development, Gary Haywood, a professional Mining Engineer with 35 years' experience, including seven years with Cameco as General Manager at the McArthur River and Senior Mine Engineer at the Eagle Point uranium mining operations in Saskatchewan, Canada. We have several important advantages heading into the Feasibility stage, including a Pre-Feasibility Study showcasing exceptional potential economics and minimal environmental footprint, extensive environmental data from years of baseline studies, and an unparalleled technical team." Ross McElroy, CEO for Fission, commented, " The commencement of a Feasibility Study is a major milestone for Fission, and also for the emerging uranium district and its local communities in the Western Athabasca Basin of Saskatchewan, Canada. The R840W drill program will aim to upgrade the majority of the R840W resource to Indicated category, which then would have the potential to be included in the resource model used for the FS. Concurrent with Phase 1 field work, a 25-hole core drill program targeting the R840W Zone, will commence by mid-June. Phase 1 will commence during June 2021 with completion expected by Q2, 2022. The FS follows the results of the Company's Pre-Feasibility Study detailing an underground-only mining scenario, which has outlined the potential for PLS to be one of the lowest operating cost uranium mines in the world. The feasibility work will kick-off with Phase 1, comprised of extensive data collection using drilling and other fieldwork. (" Fission " or " the Company ") is pleased to announce that it will commence its Feasibility Study ("FS" or the "Study") for its' 100% owned PLS high-grade uranium project, in the Athabasca Basin region of Saskatchewan, Canada. KELOWNA, BC, J/CNW/ - FISSION URANIUM CORP. ![]() ![]() Feasibility Report to be Supported by Resource Growth Drilling at High-Grade, Near Surface Deposit at PLS
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