Mr. Ross McElroy reports

FISSION DISCOVERS STRONG URANIUM ANOMALIES UP TO 3KM LONG AT NORTH SHORE, AB

Fission Uranium Corp. has discovered two significant and strongly radioactive uranium source anomalous regions on its 100-per-cent-owned North Shore property in the Athabasca basin, Alberta. The Northern and Southern anomalies occur within the south-central part of the project area near the southern boundary. The discovery was made using Fission and Special Project Inc.'s high-resolution magnetic and radiometric airborne survey technology, which is currently patent pending (see news release July 16, 2013).

The Northern anomalous region occurs within a 1.5-kilometre-by-0.5-kilometre area and contains several parallel trends up to 300 metres. The Southern anomaly is located approximately seven kilometres to the southwest of the northern anomaly and is characterized by being narrow (one to 10 metres wide) and can be traced for up to three kilometres.

Ross McElroy, president, chief operating officer and chief geologist for Fission, commented: "We are very encouraged by this strongly radioactive discovery, particularly as we used the same technology to locate the boulder field at Patterson Lake South. While the expansion of our PLS discovery is our main task, following up these new results at our North Shore property is also a priority."

In August, 2013, using a fixed-wing aircraft, SPI flew a 12,257-line-kilometre high-resolution airborne magnetic and radiometric survey at 50-metre line spacing over the entire North Shore project. The radiometric system uses a calibrated gamma spectrometer which is able to differentiate between uranium, thorium and potassium, and also determine the relative concentration of each element.

The radiometric data were collected and processed and anomalies were picked based on elevated total counts with correlated elevated uranium concentrations. The width and responses of the peaks indicate that some of the larger anomalies present are likely to be part of the outcrop/subcrop as opposed to boulders. This is indicated by a generally wider anomaly which is easily seen on multiple lines.

Further compilation of the data will be completed and a field program to follow-up the anomalies on the ground by mapping and prospecting is planned.

The technical information in this news release 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, PGeol, president and chief operating officer for Fission Uranium, a qualified person.

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