![]() ![]() The property features a lot of land to operate, the company eagerly awaits their assays to return from the lab by the end of 2022. The main road goes through the middle of the property and is travelable 365 days/year.įusion 3.0 has four holes – the discovery hole, two holes up dip and one below. Looking at the property map, the green conductor is very long and sits above and below successful drill results from other explorers. The team has learned the “attitude” or the geometry of their site, meaning identifying what fluids are forcing the uranium up. The company is taking the same approach from past discoveries. Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. Canadian production comes mainly from two mines in northern Saskatchewan province, one of which, McArthur River, is the largest uranium mine in the world. The stock has increased off the back of recent successful drill results by 400 percent, and the company recently raised $8 million led by Red Cloud Securities and Sprott to fund future drilling.Īccording to the assay lab results which will come back soon, they should be looking at massive black pitch uranium. The company has a history of usig specialized and innovative approaches to exploration and discovery, leading to the acquisition and sale of some lucrative properties. The team’s track record is substantial –a series of successful discoveries and sales over the years culminated in the group of exploration assets known today as Fission 3.0. ![]() Fission 3.0 is the third generation Fission run by one of Canada’s leading uranium exploration teams. In April 2013 Fission Energy sold most of its assets to Denison Mines (including its Waterbury Lake property) for $85 million.įission Uranium Corp. The same team also founded Fission Energy Corp., making the J-Zone high-grade discovery in the Athabasca Basin and building Fission into a TSX Venture 50 Company. The company was taken public by Peter Grosskopf, (founder of Newcrest Capital and current CEO of Sprott Asset Management) and initially set up a joint venture with the Korean Electric power company, which provided funding for exploration. The Company’s management, headed up by Dev Randhawa as CEO & Chairman and Raymond Ashley, P.Geo., is the team that founded Fission Uranium and made the Patterson Lake South (PLS) high-grade discovery. and be equally owned by Denison and Fission shareholders. The merger will involve the two companies being renamed Denison Energy Corp. Track record and expansion momentum is important to Dev and the company. Denison Mines (DML:TSX) agreed to buy Fission Uranium (FCU:TSX) for approximately C483 million Monday, in one of the largest uranium deals in years. If you owned a share of Strathmore Minerals in 2007, you would own four active companies in your portfolio today (i.e., Energy Fuels, Fission Uranium, Denison Mines and Fission 3.0). Source: Fission 3.0 The Fission 3.0 Story ![]()
0 Comments
Leave a Reply. |