F3 Uranium holds 3 properties in the southwest Athabasca Basin with a total area of 106,159 acres. A significant discovery was made at the A1 conductor on its Patterson Lake North (“PLN”) property during the fall 2022 exploration drill program. The JR Zone discovery hole, PLN22-035, intersected extremely radioactive and off-scale (>65,535 CPS) pitchblende mineralization. It is located ~25 km northwest of the Patterson Lake area, host to Paladin Energy’s Triple R and NexGen Energy’s Arrow uranium deposits and poised to become the next major area of uranium mine development in Canada. Backed by a technical team responsible for 3 high-grade uranium discoveries, F3 has the capability and experience to further explore and advance these properties.
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Dev Randhawa is a seasoned CEO with extensive experience in resources, mining exploration, and energy companies. As the former CEO of Fission Uranium Corp., Mr. Randhawa, along with his technical team, led the high-grade uranium discovery at PLS in 2012. Recently, Paladin Energy made an offer of $1.1 billion to buy Fission Uranium.
In 1996, Dev founded Strathmore Minerals Corp., leading it until 2008. Mr. Randhawa spun off Fission Energy Corp. in 2007, focusing on uranium exploration in Saskatchewan. He sold major assets to Denison Mines in 2013 for $85 million, creating Fission Uranium Corp.
Dev has executed significant joint ventures, including a $50 million partnership with Sumitomo (Japan) and $44mil with KEPCO (Korea). In 2016, Dev negotiated an $82 million investment in Fission from CGN Mining. He holds a BBA from Trinity Western College and an MBA from the University of British Columbia.
