Thursday, 8 March 2012

Fission Energy to attend Roth Capital conference

Junior uranium miner Fission Energy (CVE:FIS) said Thursday that its chairman and chief executive Dev Randhawa is expected to present at an upcoming conference this month.
The uranium explorer said it will present and attend one-on-one meetings at the Roth Capital Partners 24th Annual symposium on March 14 at 12:30 p.m.
The event, which will be taking place in Dana, Point, California, is being held between March 11 through 14, 2012.
The Roth Capital event is designed to offer investors insight into small and mid-cap companies across a number of sectors like business services, cleantech, media and software.
Randhawa has wide-ranging international experience in developing resource, mining exploration and energy companies. He has headed Fission since 2007, during which time the company has made high grade discoveries at its Waterbury Lake and Patterson Lake South properties in the Athabasca Basin.
In late February, the miner announced a 2,100 metre, 14 hole drill program would begin at its Patterson Lake South property in the uranium-rich Athabasca Basin.
The program is a continuation of last year's efforts to locate the bedrock source area of the high-grade uranium boulder field discovery made last June, which is believed to occur below the unconformity in a basement hosted system.
Drilling will test many geophysical targets identified by an on-going Time Domain Electromagnetic and a DC-Resistivity survey being conducted on the Patterson Lake conductor corridor.
Fission is engaged in the acquisition and exploration of uranium properties in Alberta, Saskatchewan, and Quebec as well as in the Macusani District in Peru.
Its flagship Waterbury Lake project is located immediately west of Hathor Exploration’s (TSE:HAT) Roughrider uranium deposit, which rests in the Athabasca Basin district that hosts over 110 million pounds of uranium.
Hathor was recently subject to a takeover battle in late 2011 between mining giants Cameco Corp. (TSE:CCO) and Rio Tinto (NYSE:RIO), with Rio Tinto emerging as the victor with its $654 million bid trumping Cameco's $625 million offer.

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