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Fission Uranium, FCU, FCUUF, Stock Summary, Company Profile

Company Profile

Fission Uranium is a Canadian mining company led by a renowned, award-winning geologist .Fission Uranium is developing the high-grade, near-surface Triple R uranium deposit – part of the multiple award-winning PLS project. Located in the renowned Athabasca Basin uranium district, PLS hosts the longest mineralized trend in the district and the Triple R is the only existing major, high-grade deposit in the region found at shallow depth.

Overview

PLS is located in Canada’s Athabasca Basin, home to the world’s richest uranium mines. PLS is located in the Athabasca Basin, in Saskatchewan, Canada, home to the world’s richest uranium mines. The project hosts the Triple R deposit – the region’s largest high-grade deposit at shallow depth and is accessible via all-weather Highway 955 which continues north through the area of the UEX-AREVA Shea Creek deposits to the past producing Cluff Lake uranium mine. Fission has published a robust Pre- Feasibility Study outlining the potential for the Triple R to become one of the lowest cost uranium mines in the world. The company is now focused on advancing the project to Feasibility and on towards construction.

Large property size with excellent infrastructure

Fission Uranium has 100% ownership of the PLS Property, which comprises 17 mineral claims totaling 31,039 ha located on the southwest margin of the Athabasca Basin. The property is accessible by all-weather Highway 955 which continues north through the area of the UEX-AREVA Shea Creek deposits to the past producing Cluff Lake uranium mine.

Management

Ross McElroy

CEO, President & Director

Mr. McElroy is a professional geologist with over 35 years of experience in the mining industry. He is the winner of the 2014 PDAC Bill Dennis award for exploration success and the Northern Miner 'Mining Person of the Year'. He has comprehensive experience with working and managing many types of mineral projects from the grass roots exploration to feasibility and production.

Mr. McElroy has held senior technical and executive positions with both major and junior mining companies, which include BHP Billiton, Cogema Canada, and Cameco. He was a member of the early stage discovery team of the giant MacArthur River uranium deposit.

Mr. McElroy was a key part of the hugely successful Fission Energy Corp. team as President, COO and Chief Geologist. He headed up the technical team that made the discovery at Waterbury Lake, SK and Fission Uranium Corp.'s Triple R deposit at its PLS project. Mr. McElroy assumed the role of CEO in September 2020.

Technical Team

Gary Haywood, P. Eng.

VP Project Development

Mr. Haywood is a professional Mining Engineer licensed in Saskatchewan, British Columbia and the Yukon with over 35 years of mine engineering and operations experience in underground and surface mining, in commodities including gold, coal and uranium. He has extensive experience with underground uranium mining operations through his previous employment with Cameco Corp. at the Eagle Point and McArthur River operations in various capacities including Senior Mine Engineer, Mine Superintendent and General Manager. For the past three years, Mr Haywood has been providing mine engineering consulting services to the mineral resource industry and has been involved in Pre-feasibility studies, project management and mine operational readiness planning.

Sam Hartmann, B.Sc., P.Geo.

Chief Geologist

Sam Hartmann has been involved in mineral exploration for over a decade and is a registered professional geoscientist in British Columbia, Alberta and Saskatchewan. Mr. Hartmann joined the Fission team in 2012 at the Waterbury Lake property during drill definition of the Tthe Heldeth Túé uranium deposit (formerly named J Zone) and was an integral member of the technical team that discovered and has advanced the Patterson Lake South deposit. Mr. Hartmann is responsible for managing key geotechnical aspects from planning to overseeing on site. Prior to joining Fission, he was employed by Imperial Metals where he worked as a project geologist at underground and open pit projects in both exploration and production mining settings in British Columbia.

Aaron MacDonell, B.Sc. Environmental Science