Fission Uranium Corp. is a Canadian resource company focused on the exploration and development of uranium properties in the Athabasca Basin of Saskatchewan, Canada. Its flagship asset is the Patterson Lake South (PLS) project, where the company has delineated multiple high‐grade uranium zones over a stretch of approximately 10 kilometres of drilling. Fission’s activities center on advanced exploration techniques, including directional drilling and 3D geological modeling, to define and expand the PLS uranium deposit, which is considered one of the most significant discoveries in the basin in recent years.
Founded in 2013 as a spin‐out from Fission Energy, the company quickly made its mark when initial drill results at PLS returned some of the highest near‐surface uranium grades ever recorded in the region. Over successive drilling campaigns, Fission moved from discovery to resource estimation and is now working toward completing prefeasibility studies and securing the permits required for the next stages of development. The company’s disciplined exploration strategy has been guided by rigorous scientific methods and close collaboration with independent geological consultants.
In addition to its PLS project, Fission holds interests in several other Athabasca Basin properties, including Patterson Lake North and Clearwater West, all of which lie in geologically prospective terrain close to key infrastructure such as highways, hydroelectric power and rail lines. This geographic focus allows the company to leverage its in‐region expertise, engage with local and Indigenous communities, and manage environmental and regulatory requirements effectively. Fission’s projects benefit from Saskatchewan’s well‐established mining jurisdiction known for supportive policies toward uranium exploration and development.
Under the leadership of President and CEO Ross McElroy, who brings more than two decades of exploration experience in the Athabasca Basin, Fission has assembled a seasoned management team and board of directors with deep technical, financial and permitting expertise. Co-founder Dev Randhawa, who guided the original PLS discovery, remains an influential adviser. The company emphasizes strong corporate governance, transparent stakeholder communication and a commitment to sustainable development as it advances its uranium portfolio toward production readiness.
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