![]() The mineral resource base for the Project is the Triple R Deposit, Canada's premiere, large, shallow-depth, high-grade basement-hosted uranium deposit.įission has been engaging with local rights-holder and stakeholder communities since exploration began at PLS in 2011. The project is situated approximately 157 km north of the town of La Loche, and 640 km by air northwest of Saskatoon. The project is located in Treaty 8 Territory and Homeland of the Métis in the southwestern Athabasca Uranium Basin region of northwestern Saskatchewan, Canada. The 100% owned PLS Project is a proposed uranium mining and milling operation that will be owned and operated by Fission Uranium. As a result of nearly ten years of detailed environmental data collection and analysis, initial engineering studies, together with respectful, honest engagement with our local communities, the Company starts the EA in a strong position as it advances towards the next phase of development." Ross McElroy, President and CEO for Fission, commented, " Fission is very pleased to be commencing the EA process, and we will be working closely with all rights holders and stakeholders as well as the government regulatory bodies as we advance towards this important milestone for our PLS project. Fission is currently working with CNSC to explore the most appropriate time for submission of an Initial License Application. While the proposed project does not formally trigger an Impact Assessment (IA) under the Canada Impact Assessment Act, 2019, there will be close coordination required between the province and the Canadian Nuclear Safety Commission (CNSC), Canada's life cycle nuclear regulator, to ensure that the EA includes components that will support the environmental aspects of CNSC licensing. The final Terms of Reference will guide Fission's EA development. In support of this, Fission has also submitted a draft Terms of Reference that will be finalized by the province in consultation with other stakeholders. The result of this is that Fission will be required to produce an environmental impact assessment (EIA) for the Project. Fission has requested approval under Section 15 of the Act and is looking for a determination from the Saskatchewan Minister of Environment that the Project is a Development. With this acceptance, Fission has now commenced the Environmental Assessment ("EA") as per the requirements of The Saskatchewan Environmental Assessment Act. (" Fission " or " the Company ") is pleased to announce the Saskatchewan Ministry of Environment ("MOE") has formally accepted the recently submitted Project Description ("Technical Proposal") for the PLS uranium project (the "Project") in Saskatchewan, Canada. TSX SYMBOL: FCU OTCQX SYMBOL: FCUUF FRANKFURT SYMBOL: 2FUįission Uranium Corp.
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