Fission Uranium Corporation's Profile

Fission Uranium Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture Exchange under the symbol "FCU".

About Fission Uranium Corp.

Fission Uranium Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture Exchange under the symbol "FCU".

Patterson Lake South Property

The 31,039 hectare PLS project is a 50%/50% Joint Venture held by Fission Uranium Corp. and Alpha Minerals Inc (AMW). Fission is the Operator. PLS is accessible by road with primary access from all-weather Highway 955, which runs north to the former Cluff Lake mine, (>60M lbs of U3O8 produced), and passes through the nearby UEX-Areva Shea Creek discoveries located 50km to the north, currently under active exploration and development. An updated map highlighting the extended radon survey at PLS can be found on the Company's website at http://www.fissionuranium.com/projects/patterson-lake-south-sk/.

Summary of Radon Anomalies

A total of eleven targets have been identified, including six along the southern conductor in the Patterson Lake corridor. In the farthest east area of this conductor on Patterson Lake, there are two radon anomalies close to two drill holes, selected earlier from geophysical data, and which intersected clay alteration. This is a priority area for follow-up drilling this summer.

One target lies between the path of the South Conductor and the Central conductor. This is a central area crossed by Line 1320 E where the trace of South Conductor has been interrupted and the trace of the Central Conductor is showing a strong flexure, which is interpreted as an important north-south cross structure.

Three targets are indicated on the Central Conductor, with one located near Line 960 E due north of the zone R780E and the other two lie on each side of Line 1920 E.

A further target lies on the south side of the Northern Conductor, close to Line 1440 E.

Last changed at 01-Dec-2014 06:38AM by RockLicker

Management & Directors

  • Managemenrt

    & Directors

    Devinder Randhawa, MBA
    Chairman & CEO

    Dev Randhawa is an experienced senior manager with broad international experience in developing resource, mining exploration and energy companies.

    Since 2007, Dev Randhawa has remained the Chairman and CEO of Fission Energy Corp., which has focused on uranium exploration in Saskatchewan. Mr. Randhawa founded Strathmore Minerals Corp. in 1996 and remained CEO until September 2008. Fission Energy was spun out of Strathmore Minerals in 2007. In 2006, Mr. Randhawa founded Pacific Asia Energy Inc. He was President and CEO until its sale to Green Dragon Gas wholly owned subsidiary, Greka China Ltd, for 35.18 million in 2008.

    In 2011 Fission Energy was named a TSX Venture 50(r) Company. "The TSX Venture 50(r) are the top 10 companies listed on the TSX Venture Exchange, in each of the five major industry sectors - mining, oil & gas, technology & life sciences, diversified industries and clean technology - based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2010."

    Dev Randhawa received a Bachelors Degree in Business Administration with honours from Trinity Western College of Langley, British Columbia in 1983 and received his Master in Business Administration from the University of British Columbia in 1985

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    Ross McElroy, P. Geol.
    President & COO

    Mr. McElroy is a professional geologist with over 22 years of experience in the mining industry. He has experience with working and managing many types of mineral projects from grass roots exploration to feasibility and production.

    Mr. McElroy has held previous positions with both major and junior mining companies, which include BHP Billiton, Cogema Canada (now AREVA), and Cameco. He was a member of the early stage discovery team of the MacArthur River uranium deposit.

    Mr. McElroy received a Bachelor's Degree in Science, with a Specialization in Geology from the University of Alberta in 1987. Mr. McElroy is a registered professional geologist in Alberta, Saskatchewan and Nunavut/Northwest Territories.

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    Jody Dahrouge, P. Geol.
    Director

    Mr. Dahrouge is a professional geologist with over 18 years of experience both in Canada and internationally. He has managed all types of mineral projects from grass roots exploration to mine development and production.

    Since 1998, he has successfully owned and operated Dahrouge Geological Consulting Ltd., a private Edmonton based consulting firm with over 25 employees. Dahrouge Geological manages exploration and development programs for both junior and senior mineral resource companies, including Fission Energy. Mr. Dahrouge has played a key role in acquiring and managing Fission's exploration properties since 2004.

    A graduate of the University of Alberta's Geology program (BSc. 1988) and Computing Science program (Sp.C 1993), Mr. Dahrouge is also a registered professional geologist in Alberta and British Columbia.

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    Mr. Frank Estergaard, CA
    Director

    Mr. Estergaard is a professional Chartered Accountant who retired as a Partner with KPMG in 2001. His career with KPMG spanned 38 years, providing audit, taxation and business advice to clients in Vancouver, Vernon, Ottawa and Kelowna. He served a wide variety of corporations in the forestry, mining, real estate and land development, high technology, manufacturing, wholesale and retail industries. These companies ranged from start-ups to mature enterprises with both domestic and world-wide operations. In addition, he served on the Management Committee and Partnership Board of KPMG

    Following his retirement from KPMG, Mr. Estergaard has served as a Director and Chairman of the audit committee for QHR Technologies Inc. (TSX-V), CFO for Metalex Ventures Ltd. (TSX-V) and CFO and/or Director for several private entities, including Okanagan Capital Fund (VCC) Inc., Rackforce Networks Inc., Wear Air Oxygen Inc. and Wear Air Industrial Inc.

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    Mr. George Sanders
    Director

    Mr. Sanders is a mining financing and development entrepreneur with over 30 years of exploration, development and mining finance experience. He spent over 15 years as a Registered Representative and minerals specialist with the investment firm Canaccord Capital Corporation in Vancouver and has held junior and senior corporate positions with various public companies, including Wescan Goldfields Inc. and Shore Gold Inc. He currently serves as President of Goldcliff Resource Corporation, and is a Director of Bitterroot Resources Ltd and Silvercrest Mines Inc. Mr. Sanders brings his extensive experience in corporate management, finance and investor relations to the Fission team.

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Broker Fact Sheet

  • FCU Broker Fact Sheet
    Thu Mar 29, 2019
    Fact sheet details
Fission Uranium Corporation
Symbol
FCU
Exchange
TSX-V
Shares
402,026,992 F/D Nov 07/2014
Industry
Energy & Environment
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