Introduction
Fission Uranium (OTCQX:OTCQX:FCUUF) released the results from the pre-feasibility study for its Patterson Lake South (PLS) uranium project in April and they included a preliminary economic assessment on just an underground-only mine. In September, the company posted an updated prefeasibility study for the latter option and it’s worth to make a comparison between the two as they use the same resource estimate.
Patterson Lake South
PLS is located in the Athabasca Basin, and the Triple R deposit is one of the largest high-grade undeveloped deposits in the world: