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Fission Energy Corp. (TSX.V-FIS) is a Canadian based uranium exploration and development company with properties in Saskatchewan's Athabasca Basin, Quebec, and the Macusani District in Peru. The Company's shares were spun-out as a distribution by Strathmore Minerals Corp (TSX.V-STM) in 2007. In 2003-04 Fission assembled one of the largest exploration property portfolios in Saskatchewan's Athabasca Basin; home of the richest uranium deposits in the world. Fission's most valuable exploration asset is the Waterbury Lake KEPCO Consortium Joint Venture., which is located in close proximity to Hathor's Midwest NE discovery ("Roughrider Zone") The Waterbury Lake Property is located in close proximity to Hathor's Midwest NE discovery ("Roughrider Zone") and the AREVA/Denison Midwest deposits. This project has the highest priority for 2010. Fission's 2010 winter exploration program includes 93 line km of ground IP and EM geophysical surveys, and a 20 hole 7,500m drill program that began on January 18th. A total of C$4.0 million has been budgeted for exploration in 2009, which is fully funded by the KEPCO consortium as part of their earn-in agreement. (See Projects: Waterbury Lake for additional information)
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