high tech, unconventional and contrarian · 2019. 1. 10. · the technical information in this...

December 04, 2013 – Saskatchewan Open House , Saskatoon

High Tech, Unconventional and Contrarian

Patterson Lake South;

TSX-V: FCU OTCQX: FCUUF FSX: 2FU 2 @fissionuranium www.fissionuranium.com

December 4, 2013 Saskatchewan Open House - Saskatoon

Disclaimer

The following information may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

All historical resource estimates were completed prior to the implementation of NI 43-101 and the Company has not done the work necessary to verify the classification of the resource or reserve, they should not be relied upon or considered a defined resource according to NI 43-101; Except for those properties where NI 43-101 have been completed.

The technical information in this corporate presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P.Geol. President and COO for Fission Uranium Corp., a qualified person.



1. Why Explore Where We Do 2. PLS Exploration History 3. PLS Project Update

TOPICS



You Are Either a Contrarian or a

Victim

A contrarian is a person that has a willingness to embrace an opposing view to that of the majority opinion. Being critical of the mainstream news and judging facts independently is essential for getting ahead of the crowd.



Average Grade: Top 5 Top Global Producing

Regions

0

0.5

1

1.5

2

Kazakhstan Namibia Australia Niger Canada

Average Grade - % U308

(South Inkai) (Langer Hienrich) (Ranger)

(Akouta)

(Athabasca) Source: WNA

.08%



Depth of Major Discoveries in the Athabasca

* * *

* 1980-2002

* * 1983-1997

Open Pit Mining

Underground Mining

* * * 1997-2008

Mined Out

In Production



8

Contrarian Exploration Approach

31.6% U3O8 Exploration Regions and Models Explore the West Side of the Athabasca Basin

Conventional wisdom considered Cluff Lake a 1-Off Herd mentality…..east side is the center of activity

Explore outside of the basin margins What is present day Athabasca Basin is not what it was 1 Billion years ago Not all near surface deposits have been found Advanced airborne radiometrics to find “at surface” uranium occurrences

Evolving models of deposits Millenium and Roughrider deposits showed basement not to be ignored

Assist Drill Targeting Radon Survey

Old survey made new again Less effective for deep deposits, but may be practical of shallow targets



Fission’s Athabasca Properties



PLS : Summer Exploration Program



11

PLS : Property Scale Airborne Radiometric Survey

31.6% U3O8



12

31.6% U3O8

PLS : Property Scale Airborne Radiometric Survey

High Grade Uranium Boulder Field



13

31.6% U3O8

Special Projects Inc. “Boulder-Finding” Technology (Patent pending)



PLS : Boulder Field and Drilling Discovery

31.6% U3O8



PLS : Resistivity Survey



Radon Survey: Several Anomalies Identified

39.6% U3O8



New Discovery at PLS: 6 Zones in 1.78km Strike



18

PLS – Historic Milestones

31.6% U3O8 January 2008 : JV Agreement signed with Alpha Minerals (previously ESO

Uranium) October 2009: Airborne Radiometric survey flown 2010: Securing Land Position

June 2011: Confirmation of High Grade Boulder Field. Assays to 39.6% U3O8

November 2012: High Grade uranium discovery PLS12-022

Winter 2013

46 Holes Complete / 37 Mineralized (>80% success ratio for mineralization) 3 Zones on strike over ~800m strike length

Summer 2013

38 holes along 1.035km mineralized trend (100% success for mineralization) Total of 5 high-grade zones on trend

11 ground target holes … west of mineralized trend Fission to acquire Alpha thus consolidating 100% of PLS under Fission



PLS: Five Mineralized Zones within 1.2km



20

PLS : Aerial View to North With Zone

Projections 31.6% U3O8



Summer Program: PLS13-075

9.08% U3O8 Over 54.5m

Including 21.76% U3O8 Over 21.5m *

* See news release dated September 4, 2013 Photo: Grant Lockhart



22

31.6% U3O8

R00E: Line 025W – Looking East

PLS13-037 7.5m @ 2.25% U3O8

including 2m @ 7.43% U3O8

PLS13-037 3.5m @ 7.27% U3O8


PLS13-027 37.5m @ 1.06% U3O8


PLS13-026 21.5m @ 0.77% U3O8


PLS13-029 30m @ 0.76% U3O8

including 3.5m @ 3.57% U3O8 3.5m @ 2.08% U3O8

PLS13-031 23.5m @ 0.67% U3O8

including 7.5m @ 1.58% U3O8

PLS13-033 2m @ 0.17% U3O8



23

31.6% U3O8

R390E: Line 390E – Looking East

PLS13-038 34m @ 4.92% U3O8

including 12.5m @ 9.32% U3O8 0.5m @ 35.10% U3O8

PLS13-038 17.5m @ 0.96% U3O8

including 5.5m @ 2.07% U3O8

PLS13-044 17m @ 0.24% U3O8


PLS13-046 1.5m @ 0.13%

U3O8

PLS13-068 15m @ 0.26%

U3O8

PLS13-070 3.5m @ 0.13%

U3O8



PLS13-038: Lithology-Downhole Gamma-Scint-Assays

De

pth

(m

)

CPS

Assays Geology Downhole Gamma

Hand Scint

34m @ 4.92% U3O8

17.5 @ 0.96% U3O8

12.5m @ 12.38% U3O8

5.5m @ 2.07% U3O8

0 40 0 100k % U3O8


November 10 - 13, 2013 – New Orleans Investment Conference 25

R Zones: Longitudinal View of Select Drill-Holes

L375E L330E L780E

PLS13-053 PLS13-075 PLS13-080 PLS13-099

L960E

100m 100m

25,000 50,000 75,000 25,000 50,000 75,000 25,000 50,000 75,000 25,000 50,000 75,000 100,000 100,000 100,000 100,000

66.5m of Mineralization with 18.9m off-scale

58.5m of Mineralization * with 13.41m off-scale *

144.0m of Mineralization * with 8.0m off-scale *

70m of Mineralization * with 21.65m off-scale *

49.5m @ 6.26% U3O8 incl. 6m @ 35.0%

16.5m @ 2.63% U3O8 incl 3m @ 13.19%

11.5m @ 0.24% U3O8

Mineralization = >300 cps in 0.5m and off-scale is >9999 cps using an Exploranium G-110 Scintillometer * Total Composite

54.5m @ 9.08% U3O8 incl. 21.5m @ 21.76%

43m @ 6.93% U3O8 incl. 14m @ 15.63%


November 10 - 13, 2013 – New Orleans Investment Conference 26

PLS : Long. View – 0.5m Detailed Scint (ALL)

R00E R390E R585E R780E R945E

WSW ENE

OB

Bedrock

R600W L1155E

27

31.6% U3O8

10.5m @ 29.26% U3O8

PLS13-051 (405E): 6.57% U3O8 over 53.0m (GT = 348)



28

PLS13-075 (330E): 9.08% U3O8 over 54.5m (GT = 495)



Dev Randhawa, Chairman & CEO Fission founding CEO and chairman since

2007 leading company to Tier One status Former CEO/founder of Strathmore Minerals Founder of Pacific Asia China Energy and sold

for $34M

Ross McElroy, President and COO Formerly with Cameco, Areva, BHP Billiton Significant role in five of the last nine major

uranium discoveries in the Athabasca Basin, including Fission’s Waterbury Lake & PLS projects

Professional geologist of 25+ yrs exp

Paul Charlish, VP Finance 23 years finance experience including public

practice, audit/tax & public companies

Raymond Ashley, VP Exploration 25 years experience Key member of Ekati Diamond discovery Key member of Fission Waterbury and PLS

discoveries

Richard Matthews, IR Manager Experienced IR professional Business development expert who has

previously founded and managed several successful businesses

Fission’s Management Team

Fission Uranium Corp

Phone: 250.868.8140

Toll Free: 1.877.868.8140

Email: [email protected]

Web: www.fissionuranium.com

Rich Matthews, Investor Relations

Phone: 778.484.8026

Email: [email protected]

For further info, contact:

high tech, unconventional and contrarian · 2019. 1. 10. · the technical information in this...

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