Fission signs Indigenous community agreement
Kelowna-based Fission Uranium has entered into an engagement and capacity agreement with the Ya'thi Néné Lands and Resources Office (YNLR), which represents the Athabasca nations and communities of the Nuhenéné.
Fission’s Patterson Lake South (PLS) project in the Athabasca basin is within the Athabasca Denesųłiné territory and is currently advancing through the feasibility study and environmental assessment phase.
Fission and YNLR will work to identify potential areas of interest or concern related to Indigenous rights and cultures, traditional land and resource use, and community interests, and options to address those matters.
“This agreement is built upon the mutually respectful and constructive relationship that Fission and the YNLR have developed. Its purpose is to establish a framework for ongoing engagement and to facilitate YNLR participation as the PLS project advances. Our discussions to date have shown that we can achieve mutually beneficial goals by working together and I would like to personally thank the YNLR and its leaders for their commitment to a collaborative approach,” said president and CEO Ross McElroy.
The PLS property is host to the Triple R uranium deposit.
Fission in 2019 outlined plans for an underground-only mine at PLS. The prefeasibility study (PFS) estimates that the Triple R mine will operate for about seven years at 1 000 t/d ore, with 2.3-million tonnes to be processed over the mine life, containing 81.4-million pounds of uranium oxide. The PFS estimates production of 78.7-million pounds of U3O8, averaging 13.1-million pounds a year for the first five years.
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