Fission Uranium Corp.

Fission Uranium Corp. is a Canada-based uranium exploration company with a major discovery in the Athabasca Basin, home to the world's richest uranium deposits. Headed up by CEO Dev Randhawa, the company's team has made two major uranium discoveries in three years. COO, President and Head Geologist Ross McElroy has been instrumental in five of the last nine major discoveries in the basin. In April 2013, Fission Uranium Corp. was spun out of Fission Energy Corp. as part of a transaction with Denison Mines. Current assets include $17M cash and Patterson Lake South, the Athabasca Basin's new premium uranium discovery.

Expert Comments:

Heiko Ihle, Rodman & Renshaw (11/27/15)
"Fission Uranium Corp. announced the final results from its extensive summer program at PLS. . .of the 17 holes drilled, 16 returned mineralization, including 12 at R600W. We highlight hole PLS15-439, which returned 25.5m mineralization grading 11.02% from 117.0m to 142.5m. Much like R780E, R600W's mineralization is high grade occurring at a shallow depth. Given this, we believe further drilling is warranted at R600W in an effort to continue to add resources to the already robust resource profile for Triple R."

Haywood Securities (11/27/15)
"Fission Uranium Corp.'s final set of drill assay results from the 2015 summer program highlights the potential of the R600W zone, located approximately 500m southwest of the eastern extent of the current Triple R resource (NI-43-101-compliant resource of 81.1 Mlb at 1.83% U3O8 Indicated and 27.2 Mlb at 1.57% U3O8 Inferred). The shallow, land-based R600W zone is open in all directions, and further growth of this zone will be a focus for an upcoming 2016 winter drill program."

David Talbot, Dundee Capital Markets (11/25/15)
"Final assays provided a strong finish to Fission Uranium Corp.'s summer drill program at the Triple R uranium deposit at PLS in the western Athabasca Basin. Sixteen of the final 17 holes host uranium mineralization, expanding the high-grade R600W zone and extending the R780E zone eastward. Today's results are important: They delineate high-quality pounds. Mineralization is shallow, occurs on land, is relatively higher grade, and is gaining critical mass. . .the R600W discovery is not yet included in the 105.5 Mlb Triple R resource nor incorporated in its preliminary economic assessment."

Brien Lundin, Gold Newsletter (Jefferson Financial) (11/13/15)
"Fission Uranium Corp. and Denison have called off their previously announced merger. In my opinion, the demise of the deal is good for Fission shareholders going forward. . .as a discovery play with much more upside to come, the company by itself also offers the kind of speculative potential that attracted most of its shareholders in the first place."

"Fission Uranium Corp. is essentially back to the position it was in before the Denison Mines Corp. deal, and that is with probably the highest-grade unmined uranium deposit in the world that isn't controlled by a major uranium producer." read more >

Kristen Moran, Investing News Network (11/3/15)
"Fission Uranium Corp. released its resource estimate for the Triple R deposit, located in its Patterson Lake south project, in January, significantly surpassing the expectations of most analysts. . .a preliminary economic assessment for Triple R, released in September, shows that it could be one of the lowest-cost uranium operations in the world."

More Expert Comments

Experts Following This Company

Matt Badiali, Editor – Stansberry Research
Mick Carew, Analyst – Haywood Securities
Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Brent Cook, Analyst, Geologist Exploration Insights
Jeb Handwerger, Author Gold Stock Trades
Wayne Hewgill, Analyst – Mackie Research Capital
Nick Hodge, Founder and president of the Outsider Club – Outsider Club
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Marin Katusa, Analyst – Katusa Research
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Gwen Preston, Founder Resource Maven
Nik Rasskazovskiy – Salman Partners
Paul Renken, Senior Geologist – VSA Capital
David Sadowski, Analyst – Raymond James
Ron Stewart, Analyst – Macquarie Capital Markets
David Talbot, Vice President, Senior Analyst – Dundee Capital Markets

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.