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F3 Commences 2025 Drill Program at PLN

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F3 Uranium Corp has initiated its $6 million 2025 winter exploration drilling program at the PLN Project. The program focuses on expanding the JR Zone, where previous drilling (PLN24-176) yielded impressive results of 7.5m of 30.9% U3O8, including 4.5m of 50.1% U3O8. Additionally, exploration drilling will target a potential new mineralization zone along the A1 structure near PLN24-152, located 2,800m south of the JR Zone, where previous drilling showed a 7m mineralized interval with up to 0.051% U3O8.

The company employs a unique drilling methodology using a sonic rig for pre-casing followed by diamond drilling. Currently awaiting assay results from 25 drill holes from the 2024 season, which will guide further exploration planning. Samples are standardized at 0.5m intervals and analyzed at SRC Geoanalytical Laboratories for a 63-element suite including uranium, boron, and gold.

F3 Uranium Corp ha avviato il suo programma di perforazione esplorativa invernale da 6 milioni di dollari per il 2025 presso il Progetto PLN. Il programma si concentra sull'espansione della Zona JR, dove le perforazioni precedenti (PLN24-176) hanno prodotto risultati impressionanti di 7,5 m di 30,9% U3O8, inclusi 4,5 m di 50,1% U3O8. Inoltre, la perforazione esplorativa punterà a una potenziale nuova zona di mineralizzazione lungo la struttura A1 vicino a PLN24-152, situata 2.800 m a sud della Zona JR, dove le perforazioni precedenti hanno mostrato un intervallo mineralizzato di 7 m con fino a 0,051% U3O8.

La società utilizza una metodologia di perforazione unica impiegando una piattaforma sonica per il pre-casing seguita dalla perforazione a diamante. Attualmente in attesa dei risultati dei saggi da 25 fori di perforazione della stagione 2024, che guideranno la pianificazione di ulteriori esplorazioni. I campioni sono standardizzati a intervalli di 0,5 m e analizzati presso i Laboratori Geoanalitici SRC per un pacchetto di 63 elementi tra cui uranio, boro e oro.

F3 Uranium Corp ha iniciado su programa de perforación exploratoria invernal de 6 millones de dólares para 2025 en el Proyecto PLN. El programa se centra en expandir la Zona JR, donde las perforaciones anteriores (PLN24-176) produjeron resultados impresionantes de 7.5 m de 30.9% U3O8, incluidas 4.5 m de 50.1% U3O8. Además, la perforación de exploración apuntará a una nueva zona potencial de mineralización a lo largo de la estructura A1 cerca de PLN24-152, ubicada a 2,800 m al sur de la Zona JR, donde perforaciones anteriores mostraron un intervalo mineralizado de 7 m con hasta 0.051% U3O8.

La compañía emplea una metodología de perforación única que utiliza una plataforma sónica para el pre-casing seguida de perforación con diamante. Actualmente está a la espera de resultados de análisis de 25 pozos de perforación de la temporada 2024, que guiarán la planificación de futuras exploraciones. Las muestras se estandarizan en intervalos de 0.5 m y se analizan en los Laboratorios Geoanalíticos de SRC para un conjunto de 63 elementos que incluye uranio, boro y oro.

F3 Uranium Corp는 PLN 프로젝트에서 6백만 달러 규모의 2025년 겨울 탐사 드릴링 프로그램을 시작했습니다. 이 프로그램은 이전 드릴링(PLN24-176)에서 인상적인 결과인 7.5m의 30.9% U3O8를 얻은 JR 존의 확장을 목표로 하고 있으며, 이 중 4.5m는 50.1% U3O8입니다. 또한 탐사 드릴링은 JR 존에서 남쪽으로 2,800m 떨어진 PLN24-152 근처의 A1 구조를 따라 잠재적인 새로운 광물화 구역을 목표로 하고 있으며, 이전 드릴링에서는 최대 0.051% U3O8를 포함하는 7m의 광물화 구간이 나타났습니다.

회사는 선행 배열을 위한 소닉 리그와 다이아몬드 드릴링을 사용하는 독특한 드릴링 방법론을 활용합니다. 2024 시즌의 25개 드릴 홀에서 시료 분석 결과를 기다리고 있으며, 이는 추가 탐사 계획 수립에 도움을 줄 것입니다. 샘플은 0.5m 간격으로 표준화되며, 우라늄, 붕소 및 금을 포함한 63개 요소 세트를 위해 SRC 지구분석 연구소에서 분석됩니다.

F3 Uranium Corp a lancé son programme de forage d'exploration hivernal de 6 millions de dollars pour 2025 au projet PLN. Le programme vise à étendre la zone JR, où les forages précédents (PLN24-176) ont fourni des résultats impressionnants de 7,5 m de 30,9% U3O8, dont 4,5 m de 50,1% U3O8. De plus, le forage exploratoire ciblera une nouvelle zone de minéralisation potentielle le long de la structure A1, près de PLN24-152, située à 2 800 m au sud de la zone JR, où des forages antérieurs ont montré un intervalle minéralisé de 7 m avec jusqu'à 0.051% U3O8.

La société utilise une méthodologie de forage unique utilisant une sonde sonique pour le pré-tubage suivie de forages au diamant. Actuellement, elle attend les résultats d'analyse de 25 forages de la saison 2024, qui guideront la planification d'éventuelles explorations futures. Les échantillons sont standardisés à des intervalles de 0,5 m et analysés dans les laboratoires géoanalytiques SRC pour un ensemble de 63 éléments, y compris l'uranium, le bore et l'or.

F3 Uranium Corp hat sein Explorationsbohrprogramm für den Winter 2025 im PLN-Projekt mit einem Budget von 6 Millionen US-Dollar gestartet. Das Programm konzentriert sich auf die Erweiterung der JR-Zone, wo frühere Bohrungen (PLN24-176) beeindruckende Ergebnisse von 7,5 m mit 30,9% U3O8 lieferten, einschließlich 4,5 m mit 50,1% U3O8. Darüber hinaus wird die Explorationsbohrung eine potenzielle neue Mineralisierungszone entlang der A1-Struktur in der Nähe von PLN24-152 anvisieren, die 2.800 m südlich der JR-Zone liegt. Dort zeigten frühere Bohrungen ein mineralisiertes Intervall von 7 m mit bis zu 0,051% U3O8.

Das Unternehmen verwendet eine einzigartige Bohrmethodik, die eine Sonic-Rig für die Vorverrohrung und dann Diamantbohrungen einsetzt. Derzeit werden die Analyseergebnisse von 25 Bohrlöchern aus der Saison 2024 erwartet, die die weitere Explorationsplanung leiten werden. Die Proben werden in Abständen von 0,5 m standardisiert und im SRC Geoanalytischen Labor auf ein 63-Elemente-Set, darunter Uran, Bor und Gold, analysiert.

Positive
  • Significant high-grade uranium discovery with PLN24-176 showing 30.9% U3O8 over 7.5m
  • $6 million winter exploration program launched
  • Potential new mineralization zone identified 2,800m south of JR Zone
Negative
  • True thickness of mineralization yet to be determined
  • 25 drill holes from 2024 still pending assay results

Kelowna, British Columbia--(Newsfile Corp. - February 3, 2025) - F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce that it has started drilling as part of the $6 million 2025 winter exploration program on the PLN Project, with the initial focus of JR Zone expansion drilling on the PLN Property on an area where drillhole PLN24-176 returned 7.5m of 30.9% U3O8 including 4.5m of 50.1%U3O8 (see NR December 3, 2024). Initially, exploration drilling for a new zone of mineralization will begin on the continuation of the A1 structure around PLN24-152 - an exploration hole with the best geochemistry to date - where a 7m mineralized interval assayed up to 0.051% U3O8 (see NR July 30, 2024), approximately 2,800m south of the JR Zone.

Sam Hartmann, Vice President Exploration, commented:

"We are excited to get back to work and continue drill exploration at the PLN property; this will consist of JR Zone drilling in high reward areas where we stand to add value, starting with the exceptional high grade cored in PLN24-176. Exploration drilling will start by following up on high priority areas defined during the 2024 program based on radioactivity and geochemistry results. Due to our unique methodology of drilling by pre-casing drill holes with a sonic rig and the diamond drill following, the drilling sequence will be variable and go back-and forth between zone drilling and exploration. Meanwhile we are still waiting for assay results from 25 drill holes from the 2024 season including both JR Zone and exploration holes and will release those as they come available. These results will also be used for the planning of further exploration drilling."

Samples from the drill core are split into half sections on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS.

The Company considers uranium mineralization with assay results of greater than 1.0 weight % U3O8 as "high grade" and results greater than 20.0 weight % U3O8 as "ultra-high grade".

All depth measurements reported are down-hole and true thicknesses are yet to be determined.

About the Patterson Lake North Property:

The Company's 42,961-hectare 100% owned Patterson Lake North Project (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Paladin's Triple R and NexGen Energy's Arrow high-grade uranium deposits, an area poised to become the next major area of development for new uranium operations in northern Saskatchewan. The PLN Project consists of the 4,074-hectare Patterson Lake North Property, the 19,864-hectare Minto Property, and the 19,022-hectare Broach Property. All three properties comprising the PLN Project are accessed by Provincial Highway 955; the new JR Zone uranium discovery on the PLN property is located 23km northwest of Paladin's Triple R deposit.

Qualified Person:

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 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.

About F3 Uranium Corp.:

F3 Uranium is a uranium exploration company, focusing on the recently discovered high-grade JR Zone on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 Uranium currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Triple R and Arrow and poised to become the next major area of high grade uranium operations in the world.

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.

The TSX Venture Exchange and the Canadian Securities Exchange have not reviewed, approved or disapproved the contents of this press release, and do not accept responsibility for the adequacy or accuracy of this release.

F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2
Contact Information
Investor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.com

ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239290

FAQ

What are the latest drilling results from F3 Uranium's (FUUFF) PLN project?

The latest significant drilling result from PLN24-176 showed 7.5m of 30.9% U3O8, including 4.5m of 50.1% U3O8.

How much is F3 Uranium (FUUFF) investing in their 2025 winter exploration program?

F3 Uranium is investing $6 million in their 2025 winter exploration program at the PLN Project.

What is the distance between the JR Zone and the new exploration target at PLN for FUUFF?

The new exploration target along the A1 structure is located approximately 2,800m south of the JR Zone.

How many drill holes from F3 Uranium's (FUUFF) 2024 season are pending assay results?

25 drill holes from the 2024 season are currently pending assay results, including both JR Zone and exploration holes.

What is F3 Uranium's (FUUFF) drilling methodology at the PLN project?

F3 Uranium uses a unique methodology of pre-casing drill holes with a sonic rig followed by diamond drilling.

F3 Uranium Corp

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