We think there is a lot more left to find on that property. : Can you talk a little bit more about Fission’s exploration program and why it is a good direction for them?ĭavid Sadowski: Well Fission has got a phenomenal property, Patterson Lake South, which holds the Triple R deposit, 105 million pounds of uranium. On the Denison side, they will be looking at releasing a maiden resource at the Gryphon Zone, which is part of the Wheeler River property in the next month or two, and then pushing forward with a PEA on the Wheeler River property in 2016. That’s the main focus of Fission going foward.
They will be pushing forward with exploration and development of Patterson Lake South over the next 6-12 months, continuing exploration drilling in January. On the one hand Fission, they have $10 million in cash. What is the outlook for the companies going forward?ĭavid Sadowski: I think the outlook for both companies is strong. : It looks like Fission Uranium and Denison Uranium are not going to be doing a combination. We really haven’t seen this growth since the mid-80s. It is the fastest pace of growth in the past 30 years led by China. “There are dozens of nuclear power plants that are being built around the world at this moment. “Supply and demand fundamentals are very compelling,” says Sadowski. He also sees a bright future for uranium. In an interview with in October, David Sadowski explained why he likes the exploration program at Fission Uranium.
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