Fission Provides an Update on Feasibility Study Progress and Establishes an At-T… – Press Release

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TSX SYMBOL: FCU
OTCQX SYMBOL: FCUUF
FRANKFURT SYMBOL: 2FU

KELOWNA, BC, April 25, 2022 /CNW/ – FISSION URANIUM CORP. (“Fission” or the “Company“) is pleased to provide an update on the Feasibility Study work at its 100% owned PLS property in Canada’s Athabasca Basin region. The Company has achieved multiple feasibility study milestones, including completion of field work for geotechnical, hydrogeological, and metallurgical purposes. Additionally, and of particular note, detailed engineering studies and planning of the proposed mine design are now in progress and are now well advanced.

Feasibility Study Progress

  • All geotechnical test work on soil and rock samples have been completed, and geotechnical assessment work on the R840W and R780E zones is in progress.
  • Geochemical test work is in progress.
  • Hydrogeological test work is complete and hydrogeological modelling and assessment for the decline and mine production areas is in progress.
  • Metallurgical test work is in progress. Initial leach tests are completed, bulk leach tests and variability leach tests are in progress, comminution tests are in progress and preparation work for the solvent extraction mini pilot test is in progress.
  • Trade-off Study on mine access and mining methods is complete. Detailed design for the decline and vent shafts is underway, and underground Mineable Stope Optimiser (MSO) work has been completed for the R780E zone and is in progress for the R840W zone. Mine design for the R780E zone well underway.
  • Uranium process design criteria is complete, and process flow design is in progress.
  • Detailed design of the Tailings Management Facility is in progress – field assessment work for geotechnical and hydrogeological aspects is complete, aggregate sourcing study is complete, and constructability, pit design and liner…

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