Fission Uranium Corp Expands Winter Program to Advance Patterson Lake South Project and Stakes New Property in Western Athabasca Basin.

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Fission Uranium ($TSX:FCU) Corp (FISSION) is a Canadian-based resource company specializing in the exploration and development of uranium deposits in the Athabasca Basin region of Saskatchewan, Canada. FISSION recently announced the details of its Winter Program to advance its Patterson Lake South (PLS) Project in the Western Athabasca Basin. This program includes staking new properties that have the potential to increase the PLS land package. The expansion of the Winter Program comes as FISSION looks to further develop the PLS Project. This program will include geological mapping and geochemical sampling to identify new targets of interest.

In addition, FISSION will be conducting ground gravity survey and an airborne magnetic survey to better understand the PLS geological structure. FISSION has also staked two additional properties in the Western Athabasca Basin which are now part of the PLS land package. FISSION’s Winter Program is an important step forward for the PLS Project and will help increase the potential for this project.

Share Price

Fission Uranium stock opened for trading at CA$0.9 and closed at the same price, up by 2.2% from the previous closing price. This winter program is an important step forward for the PLS project, which is one of the most significant uranium deposits in the Athabasca Basin. The property is located near other uranium deposits and is considered highly prospective for uranium. Fission Uranium plans to conduct soil sampling surveys and geophysical surveys to identify any potential exploration targets on the property.

The company is well positioned to further develop its projects, expand production, and increase its presence in the uranium market. With these initiatives in place, Fission Uranium is well positioned for success in the coming years. Live Quote…

About the Company

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VI Analysis

The VI App is a great tool to analyze FISSION URANIUM‘s long-term potential and make an informed decision. With its in-depth analysis of the company’s fundamentals, VI App helps investors evaluate the risks and rewards associated with the investment. The VI Risk Rating gives FISSION URANIUM a medium rating, indicating that there may be some potential risks associated with investing in the company. The app has detected two risk warnings in FISSION URANIUM’s balance sheet and cashflow statement. These warnings should be taken into consideration before making an investment decision. The app also provides detailed information about the company’s financials which can help investors to make a better-informed decision. The VI App is a great resource for investors who want to get a better understanding of the company and its potential. It provides up-to-date information about FISSION URANIUM’s financials and helps investors assess the risk associated with investing in the company. With its comprehensive analysis, the app helps investors make an informed decision about investing in FISSION URANIUM. To access the full range of features, investors should register with the app. More…

VI Peers

The company’s primary asset is its 100% owned Patterson Lake South (PLS) property, host to the high-grade Triple R deposit. Fission is currently in the midst of a positive Feasibility Study for PLS, and is well-funded to advance the project through all stages of development. The company’s management team has a proven track record in uranium exploration, development and mine-building. Fission’s primary competitors are Appia Rare Earths & Uranium Corp, Terra Uranium Ltd, and Denison Mines Corp. All three companies are active in the uranium mining space, with a focus on the Athabasca Basin.

– Appia Rare Earths & Uranium Corp ($ASX:T92)

Denison Mines Corp is a mining company with a focus on the extraction of uranium. The company has a market capitalization of $1.4 billion as of 2022 and a return on equity of 2.18%. Denison Mines Corp is headquartered in Toronto, Canada.

Summary

Fission Uranium Corp. is a uranium exploration and development company with a focus on its Patterson Lake South (PLS) Project in the Athabasca Basin region of Saskatchewan, Canada. This expansion is seen as a major step forward in the development of Fission Uranium Corp., and investors are optimistic about the potential returns that could come from the new property. With the expansion of its winter program and staking of new property, investors are keeping a close eye on Fission Uranium Corp. as it continues to explore and develop its uranium assets.