ATHABASCA BASIN​

Key Lake Road Projects

key highlights

Why the area is important

Emergence of a Uranium District

The Key Lake area, positioned on the eastern side of the Athabasca Basin, is distinguished by its fully-operational high-grade mines and mills. This locale enjoys the advantage of well-developed infrastructure and easy road access, making it a strategic hub for mining operations.

High-Grade Uranium Discovery

Historically, the region has produced 208 million pounds of uranium at a grade of 2.32% U3O8, primarily from shallow depths. This track record highlights the area’s significant potential for uranium extraction.

Strategic Property Portfolio and Access

Fission Uranium Corp. owns five projects in the Key Lake area, each demonstrating the potential for hosting near-surface, high-grade uranium. Historical exploration across these projects has consistently confirmed uranium presence, underlining their prospective value.

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.