FCU:TSX; FCUUF:OTCQX; 2FU:FSE

Fission Uranium Corp.

Fission is the most awarded uranium explorer in the world. It owns the PLS project in Canada’s Athabasca Basin, home to the world’s richest uranium deposits. PLS is host to the Triple R deposit – the only major, high-grade deposit in the region that is near-surface – together with three additional high-grade, shallow-depth zones. This mineralization is part of a 2.58km mineralized trend that has the largest footprint in the Athabasca Basin and is still open in multiple directions. Exploration is ongoing.

Fission has won the industry’s top awards, including The Northern Miner’s Mining Person/s of the Year, PDAC’s Bill Denis Award and The Mining Journal’s Excellence Award. Most recently, The Mining Journal ranked PLS as the top undeveloped uranium project in the world. Headed up by CEO Dev Randhawa, the company has made two major uranium discoveries in three years. President and Chief Geologist, Ross McElroy, has been instrumental in five of the last ten major discoveries in the basin. In January, 2016, CGN Mining invested $82M (cash) in Fission at a premium, ensuring the company is very well-funded.
FCU:TSX FCUUF:OTCQX 2FU:FSE

Expert Comments:

Heiko Ihle, H.C. Wainwright & Co. (8/15/17)
"On Aug. 14, 2017, Fission Uranium Corp. announced the completion of the summer 2017 portion of the prefeasibility study drilling. . .highlights include PLS17-MET-C, which returned 153.5m of total composite mineralization over a 176m section, including 61.09m of total composite exceeding 10,000 cps. . .these impressive results further exemplify the quality of ore from Triple R."

David Talbot, Eight Capital (8/1/17)
"We maintain our Buy recommendation on Fission Uranium Corp. . .the company reported a 135.5m total composite intercept of radioactivity within a 173m interval. This is now expected to be the widest zone of uranium mineralization reported to date beyond the confines of the R780E zone."

Rob Chang, Cantor Fitzgerald (7/31/17)
"Fission Uranium Corp. announced two additional scintillometer results from the R1515W zone. . .these two impressive holes are the widest mineralized intercepts located outside of the main R780E zone, and they are the best indications to date of another significant-sized deposit located at Patterson Lake South."

Expanding into a new zone at Patterson Lake South, this Canadian company has encountered high grades of uranium mineralization, a development that has caught the attention of three sector analysts.
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Heiko Ihle, Rodman & Renshaw (7/26/17)
"On July 24, 2017, Fission Uranium Corp. announced the results of the first two holes of its summer drill program at Patterson Lake South. . .this drilling has resulted in the expansion of the R1515W zone. The zone was expanded down dip and laterally to the south."

David Talbot, Eight Capital (7/24/17)
"Fission Uranium Corp.'s first two summer drill holes hit at the R1515W zone, the newest Triple R zone at PLS. . .drilling now extends mineralization to the west along the Patterson Lake corridor for a total of 3.17 km. Specifically, the R1515W zone was expanded down dip and laterally to the south and now measures 60m along strike and up to 45m wide."

Rob Chang, Cantor Fitzgerald (7/24/17)
"Fission Uranium Corp.'s summer drilling program is off to a good start as the announced scintillometer results have expanded the R1515W zone to approximately 45m; management notes that the R1515W zone shows similar characteristics to those found at the flagship R780E zone. We reiterate our Buy recommendation."

A winter drilling program at Patterson Lake South in Canada's uranium-rich Athabasca Basin has confirmed high grades of mineralization on one company's property, and suggests the mineralized trend may be extendable.
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Drilling at Fission Uranium's Patterson Lake South has confirmed the R1515W zone, and several analysts are expecting the resource to continue to expand.
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Ross McElroy
With uranium up 40% off last year's lows, a glimmer of optimism is returning to the uranium market, says Fission Uranium's President, COO and Chief Geologist Ross McElroy. In this interview with The Energy Report, McElroy discusses the company's latest drill results, its winter drilling plans and why he believes Fission could be on the cusp of a major discovery.
read more >

More Expert Comments

Experts Following This Company

Tyron Breytenbach, Analyst – Cormark Securities
Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Matt Geiger, General Partner – MJG Capital
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Louis James, Editor – Casey Research
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Alex Pierce, Analyst – BMO Capital Markets
David Sadowski, Analyst
David Talbot, Vice President, Senior Analyst – Eight Capital

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
 
The most significant near-surface, high-grade deposit in Canada's Athabasca Basin
 
The world’s most-awarded uranium explorer
 
Still early days at PLS, with numerous exploration hot spots throughout the large property