F3 and SKRR Commence Drilling to Test Conductors on Clearwater West
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) has commenced summer drilling on the Clearwater West property, located 13km south of Fission Uranium's Triple R deposit. The property, comprising 11,786 hectares, is an early-stage exploration project for basement-hosted, structurally controlled uranium deposits. SKRR Exploration Inc. has an option to acquire up to 70% interest in the property.
Key points:
- Located ~20 km outside the Athabasca Basin's edge
- 13 km south of Fission Uranium's Triple R deposit
- 17 km south of NexGen's Arrow deposit
- VTEM survey identified EM conductors potentially extending from the PLS property
- F3's experienced team, with a track record of three major uranium discoveries, will operate the project
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ha iniziato le perforazioni estive nella proprietà Clearwater West, situata a 13 km a sud del giacimento Triple R di Fission Uranium. La proprietà, che comprende 11.786 ettari, è un progetto di esplorazione nelle fasi iniziali per giacimenti di uranio ospitati nel basement e controllati strutturalmente. SKRR Exploration Inc. ha un'opzione per acquisire fino al 70% di interesse nella proprietà.
Punti chiave:
- Situata a circa 20 km dal confine del bacino di Athabasca
- A 13 km a sud del giacimento Triple R di Fission Uranium
- A 17 km a sud del giacimento Arrow di NexGen
- Il sondaggio VTEM ha identificato conduttori EM che si estendono potenzialmente dalla proprietà PLS
- Il team esperto di F3, con una comprovata esperienza di tre importanti scoperte di uranio, gestirà il progetto
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ha comenzado la perforación de verano en la propiedad Clearwater West, ubicada a 13 km al sur del depósito Triple R de Fission Uranium. La propiedad, que abarca 11,786 hectáreas, es un proyecto de exploración en etapas tempranas para depósitos de uranio alojados en basement y controlados estructuralmente. SKRR Exploration Inc. tiene una opción para adquirir hasta el 70% de interés en la propiedad.
Puntos clave:
- Ubicada a ~20 km del borde de la Cuenca de Athabasca
- A 13 km al sur del depósito Triple R de Fission Uranium
- A 17 km al sur del depósito Arrow de NexGen
- El levantamiento VTEM identificó conductores EM que potencialmente se extienden desde la propiedad PLS
- El equipo experimentado de F3, con un historial de tres importantes descubrimientos de uranio, operará el proyecto
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF)는 여름 드릴링을 시작했습니다 클리어워터 웨스트(Clearwater West) 부지에서, Fission Uranium의 Triple R 광산에서 남쪽으로 13km 떨어진 곳에 위치하고 있습니다. 해당 부지는 11,786 헥타르로 구성되어 있으며, 기초적으로 통제된 구조의 우라늄 매장량을 위한 초기 탐사 프로젝트입니다. SKRR Exploration Inc.는 해당 부지에 대해 최대 70%의 지분을 인수할 수 있는 옵션을 보유하고 있습니다.
주요 사항:
- 아타 바스카 분지 경계에서 약 20km 떨어진 위치
- Fission Uranium의 Triple R에서 남쪽으로 13km
- NexGen의 Arrow에서 남쪽으로 17km
- VTEM 조사에서 PLS 부지와 연결될 수 있는 EM 전도체를 확인
- F3의 경험이 풍부한 팀이 세 가지 주요 우라늄 발견의 실적을 바탕으로 프로젝트를 운영합니다
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) a débuté les forages d'été sur la propriété Clearwater West, située à 13 km au sud du gisement Triple R de Fission Uranium. La propriété, qui couvre 11 786 hectares, est un projet d'exploration à un stade précoce pour des dépôts d'uranium contrôlés structurellement et hébergés dans le basement. SKRR Exploration Inc. a une option pour acquérir jusqu'à 70 % de participation dans la propriété.
Points clés :
- Située à environ 20 km du bord du bassin d'Athabasca
- À 13 km au sud du gisement Triple R de Fission Uranium
- À 17 km au sud du gisement Arrow de NexGen
- Le sondage VTEM a identifié des conducteurs EM pouvant potentiellement s'étendre depuis la propriété PLS
- L'équipe expérimentée de F3, avec un historique de trois découvertes majeures d'uranium, gérera le projet
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) hat mit den Sommerbohrungen begonnen auf dem Clearwater West Grundstück, das 13 km südlich des Triple R Deposits von Fission Uranium liegt. Das Grundstück umfasst 11.786 Hektar und ist ein Frühphasenerkundungsprojekt für basenhosted und strukturell kontrollierte Uranlagerstätten. SKRR Exploration Inc. hat die Option, bis zu 70% an dem Grundstück zu erwerben.
Wichtige Punkte:
- Etwa 20 km vom Rand des Athabasca Beckens entfernt
- 13 km südlich des Triple R Deposits von Fission Uranium
- 17 km südlich des Arrow Deposits von NexGen
- VTEM-Studie identifizierte EM-Leiter, die möglicherweise vom PLS-Grundstück ausgehen
- Das erfahrene Team von F3, das bereits drei große Uranentdeckungen vorweisen kann, wird das Projekt leiten
- Commencement of summer drilling program to test conductors on Clearwater West property
- Strategic location near significant uranium deposits (Triple R and Arrow)
- Experienced management team with track record of three major uranium discoveries
- None.
Kelowna, British Columbia--(Newsfile Corp. - July 22, 2024) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") is pleased to announce that summer drilling has commenced to test conductors on the Clearwater West property which is located 13km to the south of Fission Uranium's Triple R uranium deposit (see F3 news release dated June 18, 2024).
SKRR Exploration Inc. (TSXV: SKRR) has an option to acquire up to a
Clearwater West is an early-stage exploration project prospective for uranium mineralization. The uranium mineralization model for the Clearwater West property is basement hosted and structurally controlled Athabasca Basin unconformity related deposits.
Summary of the Clearwater West Property:
The Clearwater West Project is located ~20 km outside the edge and in the south-west area of the Athabasca Basin, which is poised to become the next area for the development of major uranium mines in Saskatchewan. It is 13 km south of Fission Uranium's Triple R deposit, located 7 km outside the basin edge on its PLS Property, where a Feasibility Study was recently completed, and 17 km south of NexGen's Arrow deposit. The Clearwater West property is comprised of 3 contiguous mineral claims totaling 11,786 hectares which are immediately south and adjacent to Fission Uranium's PLS property.
Basement hosted Athabasca unconformity related deposits often feature unique characteristics that can be identified by various geophysical surveys. A VTEM survey flown over the property in early 2014 defined electromagnetic (EM) conductors, some of which are interpreted to be possible extensions of the EM conductors identified on the PLS property immediately to the north.
F3's experienced and successful management and technical team, with a track record of three major high-grade uranium discoveries in the Athabasca Basin region since 2010 (Waterbury Lake project J Zone, PLS Triple R deposit and most recently the PLN JR Zone) will operate and manage Clearwater West. F3 currently holds a
Qualified Person:
The technical content of this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and approved on behalf of the company by Raymond Ashley, P.Geo., President & COO of F3 Uranium Corp., a Qualified Person. Mr. Ashley has verified the data disclosed. The information provides an indication of the exploration potential of the company's properties but may not be representative of expected results.
About F3 Uranium Corp:
F3 is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home of some of the world's largest high grade uranium discoveries. F3 currently has 20 projects in the Athabasca Basin. Several of F3's projects are located near large uranium discoveries including Triple R, Arrow and Hurricane.
Contact Information
F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2
Investor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.com
ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO
The TSX Venture Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the suitability of the Properties for mining exploration, future payments, issuance of shares and work commitment funds, entry into of a definitive option agreement respecting the Properties, are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217291
FAQ
What is the current status of F3 Uranium Corp's (FUUFF) Clearwater West project?
Where is the Clearwater West property located in relation to other uranium deposits?
What type of uranium mineralization is F3 Uranium Corp (FUUFF) targeting at Clearwater West?
What geophysical surveys have been conducted on F3 Uranium's (FUUFF) Clearwater West property?
