The Global Resource For Connecting Buyers and Sellers

A pearl at a time, Fission redefines Saskatchewan’s Athabasca basin

Since the November 2012 discovery of a new high-grade uranium deposit just outside the south-western corner of Saskatchewan’s famed Athabasca basin, where the world’s highest-grade uranium mines are found, explorer Fission Uranium has succeeded in stringing together new uranium discoveries “like pearls on a necklace”. The TSX-listed company’s Patterson Lake South (PLS) project now stretches some 3.17 km over an east-to-west strike length, in five separated mineralised zones, which sparked a staking rush in the area soon after the first discovery was revealed, in an area initially thought to host coal, not high-grade uranium mineralisation.