StockGuru Spotlight on Fission Uranium Corp.
(TSX VENTURE:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU)
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Fission Uranium Corp:
Fission Uranium Corp. has a new major high-grade, shallow depth discovery at Patterson Lake South (PLS) in Canadas Athabasca Basin, home to the richest uranium deposits in the world with grades 10x world average. A $12m, 30,000m winter drill program is underway and has hit broad mineralization on 100% of holes so far.
Fissions rapidly expanding PLS discovery lies in the underexplored South West of the Athabasca Basin. Assay results have drawn international attention from analysts and the markets. Fissions President, COO and Chief Geologist, Ross McElroy, has been awarded the PDAC Bill Dennis award and Northern Miner Person of the Year for the discovery. PLS is the sectors most exciting high-grade discovery.
Fission Uranium Corp. is a Canadian-based uranium exploration company operating in Canada’s Athabasca Basin, home to the world’s richest source of high-grade uranium. The Company was spun-out to the shareholders of Fission Energy Corp, after Fission Energy was acquired by Denison Mines Corp. in February, 2013.
In December 2013, Fission Uranium consolidated 100% ownership of the PLS Property, where an exciting high-grade uranium discovery was made in 2012, by acquiring all of the outstanding shares of Alpha Minerals Inc. The PLS Property, which now comprises seventeen mineral claims totaling 31,309 ha, is Fission Uranium’s sole property asset.
The management team is led by CEO & Chairman, Dev Randhawa and Ross McElroy, COO, President & Chief Geologist. Mr. Randhawa and Mr. McElroy have successfully branded the Fission name into one of Canada’s leading uranium explorers. In 2011, Fission Energy was named a TSX Venture 50 Company and in 2013 Mr. Randhawa was named Finance Monthly’s “Dealmaker of the Year”, while also being co-awarded, along with Ross McElroy, as The Northern Miner’s 2013 “Mining Persons of the Year”.
Ross McElroy was also the recipient of the Prospector and Developer’s Association’s (“PDAC”) prestigious Bill Dennis Award in 2013, in recognition of the PLS discovery as a significant mineral discovery in Canada. Exploration is ongoing at the PLS uranium discovery, which continues to develop as a world class, high-grade, shallow depth uranium deposit.
RECENT NEWS:
Oct 8, 2014 Fission Receives Final Approval to List on the Toronto Stock Exchange Press Release
Oct 6, 2014 Fission Hits 35.13% U3O8 Over 16.5M in 13.23% Over 47.5M (LINE 835E) Press Release
Oct 3, 2014 Fission Receives Conditional Approval to List on the Toronto Stock Exchange Press Release
Sep 29, 2014 Fission Widens Zone R780E; Hits Six New Holes With >10,000 CPS Radioactivity Press Release
Sep 25, 2014 Fission Drills Anomalous Radioactivity with Four Holes on Three New Conductors Press Release
Where it is located:
88 Post Road West
3rd Floor
Westport, BC
6880
USA
Key Executive Contact:
Bob Hemmerling
Office Manager
Ninety Day Volume:
144473 (as of date of publication)
Ninety Day Dollar Volume:
$158,920
Share Information:
392424492 shares as of 2014-08-29
Corporate Information:
State Incorporated: BC
Country Incorporated: CAN
Contact, Website and Social Media for Fission Uranium Corp:
Shown Where Available
Website: http://www.europac.net/fissionuranium.com
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Telephone: 800-727-7922
Email: [email protected]
Investor Relations for Fission Uranium Corp: