Fission Uranium Corp. (TSX: FCU) has completed the Front End Engineering Design at its PLS high-grade uranium project in Saskatchewan, Canada.
The completion of this crucial development phase includes all geotechnical drilling required for the tailings management facility and underground mine access, including the decline and ventilation shafts. The company is now transitioning fully into the Detailed Design phase. Additionally, Fission is pleased to announce it has responded to all information requests received from the Ministry regarding its initial draft EIS and has officially submitted an updated draft that includes all feedback received. The EIS permitting process, including a ministerial decision, is expected to conclude in Q4, 2024.
Ross McElroy , president and CEO for Fission, commented, ” Fission’s expert engineering team continues to make excellent progress at PLS. The completion of the FEED further derisks the project and is a critical step on the pathway to production. Completion of FEED brings the engineering to the level required to support the CNSC application to prepare site and construct a mine or mill.”
Highlights:
- Completion of FEED development phase at PLS. During this process, mine design has been optimized and updated to include the latest innovations in uranium processing and mine development techniques
- Completion of all geotechnical drilling, including 87 sonic drill holes, required to commence Detailed Design
- Commencement of design to include R1515W zone in the PLS mine plan
- Full transition into Detailed Design
- Submission of all required responses and fully updated draft EIS to SK-ENV
“We are now fully transitioning into detailed design. In addition, pending assays, the success of this year’s resource upgrade drilling at the R1515W zone should allow us to integrate this important high-grade zone into our overall mine plan, which aims to increase mine reserves. I am also delighted to confirm that Fission has submitted a revised draft EIS to the province, and a Ministerial Decision is expected in Q4 of this year.” Added Ross.
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