F3 Encounters Encouraging Geology in Final Drillholes of 2024 Program
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has completed its 2024 drilling program with encouraging geological findings in the final eight drill holes. The program focused on the B1 conductor, A1 extension, and Harrison Fault area.
Key findings include strong bleaching, clay, and hematite alteration in the B1 conductor area, with hole PLN24-190 showing radioactivity up to 420cps. The A1 extension drilling revealed a strongly hematite, clay, and sericite-rich fault zone, extending the zone 620m south of Harrison Fault. In the Harrison Fault area, drilling encountered strong graphite and sulphide alteration.
Geochemistry and assay results from 25 drill holes from the 2024 JR Zone and exploration drilling are pending and will be incorporated into 2025 drill planning.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ha completato il suo programma di perforazione 2024 con risultati geologici incoraggianti negli ultimi otto fori di perforazione. Il programma si è concentrato sul conduttore B1, sull'estensione A1 e sull'area della Faglia di Harrison.
I risultati chiave includono un forte sbiancamento, alterazione di argilla e ematite nell'area del conduttore B1, con il foro PLN24-190 che mostra radioattività fino a 420cps. La perforazione dell'estensione A1 ha rivelato una zona di faglia ricca di ematite, argilla e sericite, estendendo la zona di 620m a sud della Faglia di Harrison. Nell'area della Faglia di Harrison, la perforazione ha incontrato una forte alterazione di grafite e solfuri.
I risultati geochimici e di analisi di 25 fori di perforazione dalla zona JR 2024 e dalla perforazione esplorativa sono in attesa e saranno incorporati nella pianificazione della perforazione 2025.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ha completado su programa de perforación 2024 con hallazgos geológicos alentadores en los últimos ocho agujeros de perforación. El programa se centró en el conductor B1, la extensión A1 y el área de la Falla Harrison.
Los hallazgos clave incluyen un fuerte blanqueo, alteración de arcilla y hematita en el área del conductor B1, con el agujero PLN24-190 mostrando radiactividad de hasta 420cps. La perforación de la extensión A1 reveló una zona de falla rica en hematita, arcilla y sericita, extendiendo la zona 620m al sur de la Falla Harrison. En el área de la Falla Harrison, la perforación encontró una fuerte alteración de grafito y sulfuros.
Los resultados de geoquímica y análisis de 25 agujeros de perforación de la zona JR 2024 y perforaciones exploratorias están pendientes y se incorporarán en la planificación de perforación de 2025.
F3 우라늄 주식회사 (TSXV: FUU) (OTCQB: FUUFF)는 최종 여덟 개의 드릴 홀에서 고무적인 지질학적 발견과 함께 2024년 드릴링 프로그램을 완료했습니다. 이 프로그램은 B1 전도체, A1 연장선, 그리고 해리슨 단층 지역에 초점을 맞추었습니다.
주요 발견 사항으로는 B1 전도체 지역에서 강한 백색화, 점토 및 헤마타이트 변화를 포함하며, 홀 PLN24-190은 최대 420cps의 방사능을 보여주었습니다. A1 연장선 드릴링에서는 헤마타이트, 점토 및 세리사이트가 풍부한 단층대가 발견되어 해리슨 단층에서 남쪽으로 620m 확장되었습니다. 해리슨 단층 지역에서는 강한 흑연 및 황화물 변화가 발견되었습니다.
2024 JR 존과 탐사 드릴링에서 25개의 드릴 홀의 지구화학 및 분석 결과는 대기 중이며, 2025년 드릴 계획에 포함될 것입니다.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) a terminé son programme de forage 2024 avec des résultats géologiques encourageants dans les huit derniers forages. Le programme s'est concentré sur le conducteur B1, l'extension A1 et la zone de faille de Harrison.
Les résultats clés comprennent un fort blanchiment, une alteration d'argile et d'hématite dans la zone du conducteur B1, avec le trou PLN24-190 montrant une radioactivité allant jusqu'à 420cps. Le forage de l'extension A1 a révélé une zone de faille riche en hématite, argile et sérite, étendant la zone de 620m au sud de la faille de Harrison. Dans la zone de la faille de Harrison, le forage a rencontré une forte alteration de graphite et de sulfure.
Les résultats de géochimie et d'analyse de 25 forages de la zone JR 2024 et des forages d'exploration sont en attente et seront intégrés dans la planification de forage pour 2025.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) hat sein Bohrprogramm 2024 mit ermutigenden geologischen Ergebnissen in den letzten acht Bohrlöchern abgeschlossen. Das Programm konzentrierte sich auf den B1 Leiter, die A1 Erweiterung und das Harrison-Störungsgebiet.
Wichtige Ergebnisse umfassen starke Ausbleichung, Ton- und Hämatitveränderungen im Bereich des B1 Leiters, wobei das Loch PLN24-190 eine Radioaktivität von bis zu 420cps aufweist. Die Bohrungen in der A1 Erweiterung zeigten eine stark hämatit-, ton- und serizitreiche Störungszone, die sich 620m südlich der Harrison-Störung erstreckt. Im Bereich der Harrison-Störung stieß die Bohrung auf starke Graphit- und Sulfidveränderungen.
Die Geochemie- und Analyseergebnisse von 25 Bohrlöchern aus der JR-Zone 2024 und der Explorationsbohrungen stehen noch aus und werden in die Bohrplanung 2025 einfließen.
- Successful extension of fault zone 620m south of Harrison Fault
- Discovery of strong alteration and radioactivity (420cps) in hole PLN24-190
- Intersection of significant mineralization indicators in multiple drill holes
- Technical difficulties with some drill holes (PLN24-188 lost in unconsolidated sand, PLN24-191 abandoned)
- Pending assay results from 25 drill holes creating uncertainty
Kelowna, British Columbia--(Newsfile Corp. - February 12, 2025) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce that persistent prospective geological characteristics were intersected in the last eight drill holes of the 2024 program focused on continued exploration and expansion of the B1 conductor and A1 extension, as well as further testing of the Harrison Fault area. Geochemistry and assay results from 25 drill holes from 2024 JR Zone and exploration drilling are still outstanding and will be incorporated into the 2025 drill planning and released as they come available.
B1 Conductor:
PLN24-188 tested the B1 conductor 120m north of PLN24-168 (currently the southernmost hole to intersect B1); the drillhole was lost in unconsolidated sand. Retested with hole PLN24-195 which intersected strong bleaching, clay and hematite alteration. PLN24-190 on line 3360S targeted between strong boron anomalies intersected in both PLN24-122 and PLN24-135. The hole intersected strong sandstone dissolution, graphitic faulting in basement and up to 420cps at 568.5m within a hematite altered fault zone. PLN24-193 attempted to test the Athabasca Sandstone above the B1 conductor in an area devoid of previous drilling. The hole intersected strong sandstone alteration and sulfides in the sandstone.
A1 Extension south of Harrison Fault:
PLN24-189 tested the A1 extension on line 3450S approximately 200m along strike south of radioactivity intersected in PLN24-187. The hole intersected 360cps at a depth of 419m and a strongly hematite, clay and sericite rich fault zone from 503.4-537.1m, interpreted to be the continuation of the A1 structure, extending the fault zone to nearly 620m south of Harrison Fault. PLN24-191 was abandoned prior to target depth due to excessive drillhole deviation.
Harrison Fault Area:
PLN24-192 tested the basement wedge along the Harrison Fault between holes PLN24-146 and PLN24-162. The hole successfully intersected the wedge and strong associated alteration, with the lower Athabasca Sandstone displaying strong alteration and dravite breccias (See Image 1). PLN24-194 was planned 100m northeast of hole PLN24-142, testing the Harrison Fault further to the northwest. The hole successfully intersected the fault zone from 266-335.5m containing strong graphite and sulphide alteration. The intersection of the Harrison Fault and the A1 and B1 conductors continues to display very encouraging alteration and large-scale complex structures supported by strong geochemistry, such as in drillhole PLN24-152. The area remains a high priority exploration target.
Map 1. Patterson Lake North, 2024 Scintillometer Results
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Table 1. Drill Hole Summary and Handheld Spectrometer Results
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Handheld spectrometer composite parameters:
1: Minimum Thickness of 0.5m
2: CPS Cut-Off of 300 counts per second
3: Maximum Internal Dilution of 2.0m
Image 1: Brecciated Athabasca Sandstone in PLN24-192
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Natural gamma radiation in the drill core that is reported in this news release was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 scintillometer. The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,535 cps as off-scale. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials.
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
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
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FAQ
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