Fcu presentation update 2013 aug 15 final (2)

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Fission Uranium Presentation Aug 2013

Fission Uranium Presentation Aug 2013

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  • 1. Aug 20, 2013 – Toronto, ON Fission Uranium Corp Growing World Class Discoveries
  • 2. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 2@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Disclaimer The following information may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. All historical resource estimates were completed prior to the implementation of NI 43-101 and the Company has not done the work necessary to verify the classification of the resource or reserve, they should not be relied upon or considered a defined resource according to NI 43-101; Except for those properties where NI 43-101 have been completed. The technical information in this corporate presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P.Geol. President and COO for Fission Uranium Corp., a qualified person.
  • 3. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 3@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON With Strategic Partners: Increasing Value since 1996 Fission Energy Corp  Beginning in 2007 $2m Market Cap grows to > $150m in 2013  KEPCO JV ($44m)  2 Major Discoveries in 3 years  Denison Mines Acquires Assets 2013 Notable JV Partners:  KEPCO  Rio Tinto  Uranium One  JOGMEC  JCU  Denison Mines Strathmore Minerals Corp  Beginning in 1996 $2m Market Cap grows to > $457m in 2007  Sumitomo Corp JV ($50m)  Fission Energy Corp Spin-Off 2007 Fission Uranium Corp  PLS Discovery  $15m Cash  $75m - $190m Market Cap Growth since inception May 1, 2013
  • 4. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 4@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON -100% -50% 0% 50% 100% 150% 200% 250% 300% 350% 400% 450% FISSION UEC ENERGY FUELS URANIUM ONE DENISON URA ETF PLS Discovery Hole 22 Denison LOI PLS Winter Drilling FCU Spinout / Assays PLS Summer Drilling + 400 % - 6 % + 25 % + 15 % - 17 % Fission Shareholder Value Increase Compared with Peers and Uranium ETF since Nov 2012 Nov/12 Jan/13 Mar/13 May/13 Jul 13 Aug 13 + 0 %
  • 5. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 5@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Electricity Demand to Grow 76% by 2030 The number of nuclear reactors is rising to meet it By 2030: China +199 India +64 Russia +54 United States +27 Saudi Arabia +16 UAE+14 United Kingdom +13 S. Korea +10 GrowthDeveloped Source: World Nuclear Association July / 13 Under Construction: +68 Proposed by 2030: +316 Current Reactors Operating: 432 Developed Within 8 – 10 Years: +162
  • 6. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 6@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Uranium: The Supply Crunch 0 20 40 60 80 100 120 140 160 2011 2012 2013 HEU Agreement Secondary Sources Mining Production * U3O8 lbs (million) * Source: World Nuclear Association 2013 End of the HEU agreement Expected supply gap Uranium prices should rise 2013 Demand to equal 146m lbs U3O8 Current output 121m lbs *
  • 7. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 7@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Uranium: Higher prices are here to stay Fukushima Source: Ux Consulting Company LLC
  • 8. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 8@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Show me the Grade: The 5 Top Regions 0 0.5 1 1.5 2 Kazakhstan Namibia Australia Niger Canada Average Grade - % U308 (South Inkai) (Langer Hienrich) (Ranger) (Akouta) (Athabasca) Source: WNA .08%
  • 9. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 9@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Understanding the Value of Uranium Grades 1% U308 at $60/lb GOLD 0.84 oz/t 26 g/t Au SILVER 49 oz/t COPPER 16.7% NICKEL 8.3% GRADES & VALUES Metal Grade lbs/t $/unit Value/t U3O8 (lb) 1% 22 $60 $1323 Au (oz) 0.84 oz/t - $1580 $1327 Ag (oz) 49 oz/t - $27 $1323 Cu (lb) 16.7% 368 $3.6 $1325 Ni (lb) 8.3% 183 $7.2 $1317 Calculated in $US using Metric Tonnes and Troy Ounces as of April 10/13
  • 10. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 10@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON ENVIRONMENT • Political stability • Pro-mining • Permitting INFRASTRUCTURE • Mills nearby • Power Grid • Highways & Air GRADES More than X10 World average Post Fukushima: Rio Tinto Spends $654M To Gain A Foothold In The Athabasca Basin 40 years of mining, supplying 19% of the world’s uranium
  • 11. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 11@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON
  • 12. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 12@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Depth of Major Discoveries in the Athabasca Open Pit Mining Underground Mining
  • 13. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 13@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Fission’s Athabasca Properties
  • 14. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 14@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON PLS : 4 Zones Over 1km Trend “Off-Scale” Radioactivity in all 4 Zones
  • 15. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 15@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON 15 PLS : East-West Longitudinal Section PLS13-072PLS13-075
  • 16. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 16@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON 16 31.6% U3O8 R00E: Line 025W – Looking East PLS13-037 7.5m @ 2.25% U3O8 including 2m @ 7.43% U3O8 PLS13-037 3.5m @ 7.27% U3O8 including 2m @ 12.40% U3O8 PLS13-027 37.5m @ 1.06% U3O8 including 13m @ 1.97% U3O8 PLS13-026 21.5m @ 0.77% U3O8 including 8m @ 1.41% U3O8 PLS13-029 30m @ 0.76% U3O8 including 3.5m @ 3.57% U3O8 3.5m @ 2.08% U3O8 PLS13-031 23.5m @ 0.67% U3O8 including 7.5m @ 1.58% U3O8 PLS13-033 2m @ 0.17% U3O8
  • 17. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 17@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON 17 31.6% U3O8 PLS13-037 7.5m @ 2.25% U3O8 including 2m @ 7.43% U3O8 PLS13-037 3.5m @ 7.27% U3O8 including 2m @ 12.40% U3O8 PLS13-027 37.5m @ 1.06% U3O8 including 13m @ 1.97% U3O8 PLS13-026 21.5m @ 0.77% U3O8 including 8m @ 1.41% U3O8 PLS13-029 30m @ 0.76% U3O8 including 3.5m @ 3.57% U3O8 3.5m @ 2.08% U3O8 PLS13-031 23.5m @ 0.67% U3O8 including 7.5m @ 1.58% U3O8 PLS13-033 2m @ 0.17% U3O8 R390E: Line 390E – Looking East PLS13-038 34m @ 4.92% U3O8 including 12.5m @ 9.32% U3O8 0.5m @ 35.10% U3O8 PLS13-038 17.5m @ 0.96% U3O8 including 5.5m @ 2.07% U3O8 PLS13-044 17m @ 0.24% U3O8 including 1m @ 1.24% U3O8 PLS13-046 1.5m @ 0.13% U3O8 PLS13-068 15m @ 0.26% U3O8 PLS13-070 3.5m @ 0.13% U3O8
  • 18. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 18@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON 18 31.6% U3O8 R780E: Line 780E – Looking East PLS13-060 7m @ 1.22% U3O8 including 2.5m @ 3.00% U3O8 PLS13-055 10m @ 0.57% U3O8 including 2.5m @ 1.87% U3O8 PLS13-048 9.5m @ 0.08% U3O8 6.5m @ 0.18 U3O8 PLS13-055 4.5m @ 0.4% U3O8 PLS13-055 4m @ 0.4% U3O8 PLS13-060 5m @ 0.36% U3O8
  • 19. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 19@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON 19 31.6% U3O8 R780E: Line 945E – Looking East
  • 20. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 20@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON PLS: Four Mineralized Zones within 1.02km
  • 21. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 21@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON 21 PLS : East-West Longitudinal Section 31.6% U3O8 R00E R390E R780E 105m 270m R945E 135m 345m 165m 1.02km
  • 22. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 22@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON 22 R390E Zone: Longitudinal View of Drill-Holes L375E L390E L405E PLS13-053 PLS13-038 PLS13-051 PLS13-066 L420E 100m100m 25,000 50,000 75,000 25,000 50,000 75,000 25,000 50,000 75,000 25,000 50,000 75,000100,000 100,000 100,000 100,000 34m @ 4.92% U3O8 incl.12.5m @ 12.38% 66.5m of Mineralization with 18.9m off-scale * 53.0m of Mineralization with 13.89m off-scale * 64.0m of Mineralization with 5.57m off-scale * 57.5m of Mineralization with 11.65m off-scale * 53m @ 6.57% U3O8 incl.10.5m @ 29.26% 49.5m @ 6.26% U3O8 incl. 6m @ 35.0% 16.5m @ 2.63% U3O8 incl 3m @ 13.19% 17.5m @ 0.96% U3O8 63.5m @ 1.15% U3O8 incl. 6m @ 2.6% * Mineralization = >300 cps in 0.5m and off-scale is >9999 cps using an Exploranium G-110 Scintillometer
  • 23. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 23@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON PLS13-038: Lithology-Downhole Gamma-Scint-Assays Depth(m) CPS AssaysGeology Downhole Gamma Hand Scint 34m @ 4.92% U3O8 17.5 @ 0.96% U3O8 12.5m @ 12.38% U3O8 5.5m @ 2.07% U3O8 0 400 100k % U3O8
  • 24. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 24@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON PLS : Summer Exploration Program
  • 25. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 25@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Radon Surveys Identify 11 Anomalies 39.6% U3O8
  • 26. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 26@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON PLS : Resistivity Survey 31.6% U3O8
  • 27. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 27@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON PLS : Boulder Field and Drilling Discovery 31.6% U3O8
  • 28. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 28@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Highlights: Patterson Lake North (PLN)  50% JV with Azincourt Resources Inc. $16.7M Earn in Agreement  Adjacent to PLS and 5.7km north of the Discovery  Part of the same structural corridor as PLS  $4.7M invested in geophyisics and site prep  Together with Radon and Helium Surveys, 2000m drilling program planned for year 1 Clearwater West  Adjacent to PLS property to the south  Staked December 2012  Part of the same structural corridor as PLS Beaver River  Acquired in May 2013 44km East of Uranium City  Historical assays include 3.66%, 3.37%, 2.93% U3O8 Fission’s Western Athabasca Properties
  • 29. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 29@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON  Staked in1998  First property staked in the emerging Macusani district  Nine concessions covering 5100 ha  Near-surface mineralization Macusani Property, Peru
  • 30. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 30@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Dev Randhawa, Chairman & CEO  Fission founding CEO and chairman since 2007 leading company to Tier One status  Former CEO/founder of Strathmore Minerals  Founder of Pacific Asia China Energy and sold for $34M Ross McElroy, President and COO  Formerly with Cameco, Areva, BHP Billiton  Instrumental in four of the last nine major uranium discoveries in the Athabasca Basin, including Fission’s Waterbury Lake  Professional geologist of 25+ yrs exp Paul Charlish, VP Finance  23 years finance experience including public practice, audit/tax & public companies Greg Downey, CFO  CMA with 20 years of audit, tax and industry experience Richard Matthews, IR Manager  Experienced IR professional  Business development expert who has previously founded and managed several successful businesses Fission’s Management Team
  • 31. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 31@fissionuraniumwww.fissionuranium.com August 20, 2013 Toronto, ON Financial Summary Market Cap: C$181.0 million (as at August 15, 2013) Cash: C$ 16.0 million (as at June 30, 2013) Daily trading Ave. (3 month) 2.0 million Shares outstanding: 149.9 million Warrants: 4.0 million Options: 14.2 million Fully diluted: 167.4 million (as at July 17, 2013) Management Team & Board: Dev Randhawa, MBA - Chairman, CEO, Director Ross McElroy, P.Geol. - President & COO, Director Frank Estergaard, CA – Director William Marsh – Director Jeremy Ross – Director Executive Advisory Board: Ron Netolitzky, P.Geol. Michael Halvorson Anthony Milewski Teddy Clark Analyst Coverage David Talbot – Dundee Securities, Toronto Rob Chang – Cantor Fitzgerald, Toronto David Sadowski – Raymond James, Vancouver Heiko Ihle – Euro Pacific Capital, New York Joe Mazumdar – Canaccord Genuity, Vancouver Mike Kozak - Cormark Securities, Toronto Institutional Ownership Sprott Asset Management 8.8% Middlefield Securities 3.2% Frontstreet 1.7% Goodman 1.5% First Canadian 1.4% Corporate Summary
  • 32. Fission Uranium Corp Phone: 250.868.8140 Toll Free: 1.877.868.8140 Email: ir@fissionuranium.com Web: www.fissionuranium.com Rich Matthews, Investor Relations Phone: 778.484.8026 Email: rich@fissionuranium.com For further info, contact: