Beaverlodge Area Projects

Beaver River

key highlights

Discovery and High Radioactivity

The project, owned entirely by F3 Uranium Corp., spans 9 claims over 7,599 ha near the Athabasca Basin’s northwest edge and 40km west of Uranium City. It’s situated in the Beaverlodge Domain of the Rae Tectonic Province, highlighting its strategic uranium exploration potential.

Expansion and Further Drilling

F3 Uranium Corp. launched an extensive exploration effort in 2013 with a $193,000 airborne magnetic/radiometric survey over 5,200 km, followed by a $146,000 helicopter-borne VTEM Plus survey across 880 km. These surveys aimed to map the property’s radiometric anomalies and conductive packages.

Property Restructuring and Focus on JR Zone

The VTEM survey identified over 258 km of conductors, revealing complex conductor swarms that suggest a promising area for uranium exploration. These findings, including areas of enhanced conductivity and trend widening, necessitate detailed ground prospecting to pinpoint drill targets.

Unprecedented Uranium Discovery in JR Zone

F3 Uranium’s groundbreaking discovery within the JR Zone showcases unprecedented levels of radioactivity, exceeding 65,535 counts per second (cps), highlighting an exceptional concentration of uraninite mineralization. This remarkable find underscores the potential for significant uranium deposits in the area.​

Maps

CHAIRMAN, CEO, DIRECTOR​

Dev Randhawa, MBA

 

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.