In this podcast, we sit down with Ross McElroy, CEO of Fission Uranium. Fission Uranium is developing the high-grade Triple R uranium deposit which is part of the PLS project and is located in the Athabasca Basin. A Feasibility Study was recently released highlighting a NPV of $1.2 billion, and IRR of 27.2%, a mine life of 10 years and opex of $13.02 /lb. The construction timeline would be 3 years and the capex would be $1.15 billion.
The PLS project hosts the longest mineralized trend in the district and the Triple R is the only existing major, high-grade, deposit in the region found at shallow depth.
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