F3 Expands B1 Shear by 80% with 700m Step-Out Hole
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced significant results from its summer drilling program at the JR Zone. Highlights include:
1. PLN24-161 intersected 12.0m of mineralization, including 0.71m of off-scale radioactivity (>65,535 cps).
2. PLN24-163 intersected 20.5m of mineralization, including 0.90m of high-grade mineralization (>10,000 cps).
3. A 700m step-out hole (PLN24-168) expanded the B1 shear zone by 80%, increasing its total implied strike length to 2.7km.
4. New geologically constrained inversions of ground loop time domain electromagnetic and DC resistivity data defined a clear extension of the B1 trend.
These results significantly enhance the prospectivity of the JR Zone and B1 shear zone, potentially increasing the resource potential of the project.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ha annunciato risultati significativi dal suo programma di perforazione estivo nella Zona JR. I punti salienti includono:
1. PLN24-161 ha incrociato 12,0 m di mineralizzazione, inclusi 0,71 m di radioattività fuori scala (>65.535 cps).
2. PLN24-163 ha incrociato 20,5 m di mineralizzazione, inclusi 0,90 m di mineralizzazione di alta qualità (>10.000 cps).
3. Un foro di 700 m (PLN24-168) ha ampliato la zona di frattura B1 dell'80%, aumentando la sua lunghezza di strike implicita totale a 2,7 km.
4. Nuove inversioni geologiche vincolate dei dati di elettromagnetismo a loop di tempo e resistività DC hanno definito un chiaro prolungamento della tendenza B1.
Questi risultati migliorano significativamente la prospettiva della Zona JR e della zona di frattura B1, aumentando potenzialmente il potenziale di risorse del progetto.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ha anunciado resultados significativos de su programa de perforación de verano en la Zona JR. Los aspectos destacados incluyen:
1. PLN24-161 intersectó 12,0 m de mineralización, incluyendo 0,71 m de radioactividad fuera de escala (>65,535 cps).
2. PLN24-163 intersectó 20,5 m de mineralización, incluyendo 0,90 m de mineralización de alta ley (>10,000 cps).
3. Un pozo de 700 m (PLN24-168) amplió la zona de corte B1 en un 80%, aumentando su longitud total de strike implícita a 2,7 km.
4. Nuevas inversiones geológicamente restringidas de datos de electromagnetismo de bucle de tiempo y resistividad de DC definieron una clara extensión de la tendencia B1.
Estos resultados mejoran significativamente la prospectividad de la Zona JR y de la zona de corte B1, aumentando potencialmente el potencial de recursos del proyecto.
F3 우라늄 주식회사 (TSXV: FUU) (OTCQB: FUUFF)가 JR 지역에서 여름 드릴링 프로그램의 중요한 결과를 발표했습니다. 주요 내용은 다음과 같습니다:
1. PLN24-161이 12.0m의 광물화대를 관통했으며, 이 중 0.71m는 비표준 방사능 (>65,535 cps)이 포함되었습니다.
2. PLN24-163이 20.5m의 광물화대를 관통했으며, 이 중 0.90m는 고급 광물화대 (>10,000 cps)가 포함되었습니다.
3. 700m의 스텝 아웃 홀(PLN24-168)이 B1 전단 영역을 80% 확대하여, 그 총 묵직 길이를 2.7km로 증가시켰습니다.
4. 지질적으로 제한된 새로운 지구 루프 시간 영역 전자기 및 DC 저항성 데이터의 역변환이 B1 경향의 명확한 연장을 정의했습니다.
이러한 결과는 JR 지역과 B1 전단 영역의 전망을 상당히 향상시켜 프로젝트의 자원 잠재력을 증가시킬 가능성이 있습니다.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) a annoncé des résultats significatifs de son programme de forage d'été dans la Zone JR. Les points saillants incluent :
1. PLN24-161 a intersecté 12,0 m de minéralisation, dont 0,71 m de radioactivité hors échelle (>65 535 cps).
2. PLN24-163 a intersecté 20,5 m de minéralisation, dont 0,90 m de minéralisation de haute teneur (>10 000 cps).
3. Un trou de forage de 700 m (PLN24-168) a élargi la zone de cisaillement B1 de 80 %, augmentant sa longueur de portée implicite totale à 2,7 km.
4. De nouvelles inversions géologiquement contraintes des données électromagnétiques à boucle de temps et de résistivité continue ont défini une extension claire de la tendance B1.
Ces résultats améliorent considérablement la prospective de la Zone JR et de la zone de cisaillement B1, augmentant potentiellement le potentiel en ressources du projet.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) hat bedeutende Ergebnisse seines Sommerbohrprogramms in der JR-Zone bekannt gegeben. Die Highlights umfassen:
1. PLN24-161 schnitt 12,0 m Mineralisierung, darunter 0,71 m mit außerordentlicher Radioaktivität (>65.535 cps).
2. PLN24-163 schnitt 20,5 m Mineralisierung, darunter 0,90 m hochgradige Mineralisierung (>10.000 cps).
3. Ein 700 m tiefer Bohrloch (PLN24-168) erweiterte die B1-Schervorrichtung um 80%, was die gesamte angenommene Streckenlänge auf 2,7 km erhöht.
4. Neue geologisch eingeschränkte Inversionen der Zeitbereichselektromagnetik und DC-Widerstandsdaten definierten eine klare Erweiterung des B1-Trends.
Diese Ergebnisse verbessern erheblich die Perspektive der JR-Zone und der B1-Schervorrichtung und könnten das Ressourcenpotential des Projekts erhöhen.
- Drill hole PLN24-161 intersected 12.0m of mineralization, including 0.71m of off-scale radioactivity (>65,535 cps)
- PLN24-163 intersected 20.5m of mineralization, including 0.90m of high-grade mineralization (>10,000 cps)
- B1 shear zone expanded by 80% with a 700m step-out hole, increasing total implied strike length to 2.7km
- New geophysical inversions defined a clear extension of the B1 trend, enhancing exploration potential
- None.
Hits 0.71m of Off-Scale (>65,535cps) within 12.0m of Mineralization at JR
Kelowna, British Columbia--(Newsfile Corp. - August 13, 2024) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce recent JR Zone high grade infill summer drilling highlighted by PLN24-161, which intersected mineralization over 12.0m, including 2.0m of high grade (>10,000cps) also hosting 0.71m of composite off-scale mineralization (>65,535 cps). Drill hole PLN24-163 at JR intersected 0.90m of composite high grade mineralization (>10,000 cps) within 20.5m of mineralization (>300cps). JR Zone infill holes targeted areas of low drill hole density within the high-grade core of the zone. These holes help to improve and define the continuity of grade within the JR Zone.
F3 engaged Computational Geosciences to provide new geologically constrained inversions of ground loop time domain electromagnetic (GTEM) and direct current (DC) resistivity data already collected on the ground. These parametric models of electric conductivity (see Figure 1) defined a clear extension of the B1 trend which was tested and validated with drillhole PLN24-168, a 700m step-out along strike from PLN24-126, which was the most southeasterly hole along the B1 shear zone previously and 1,300m from its northwest end. Drill hole PLN24-168 intersected a 14.2m strongly prospective and wide clay altered graphitic shear zone approximately 110m below the Athabasca Unconformity in the down-dip direction (see Photo 1). Additionally, the inversion indicated the B1 conductor trend to continue to the southeast an additional 700m to the edge of the survey block resulting in an approximate
Sam Hartmann, Vice President Exploration, commented:
"PLN24-168 was collared on line 4245S, approximately 1.2 km along strike from the Harrison Fault and PLN24-152 area, opening up an additional 700m of prospective strike from previous drilling. This wildcat hole was collared conservatively, testing the newly defined conductive feature well below the Athabasca Unconformity; an altered and strongly graphitic shear representing the continuation of B1 was intersected as predicted from the conductivity model; it also exhibited elevated radioactivity averaging 200 cps peaking up to 240cps; although that doesn't quite meet our reporting threshold of 300 cps, it adds to the prospectivity and follow-up holes are now being planned for that area. Geochemistry results from this ongoing drill program are being integrated into our models and drill plans as they arrive which is assisting us with targeting with greater confidence."
Figure 1
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Summer 2024 JR Zone Handheld Spectrometer Highlights:
PLN24-161 (line 035S):
- 12.0m interval with mineralization from 205.0m to 217.0m, including
- 0.71m composite off-scale radioactivity (> 65,535 cps) between 208.2m and 209.25m
PLN24-163 (line 095S):
- 20.5m interval of mineralization between 197.0m to 217.5m, including
0.90m composite high-grade mineralization (> 10,000 cps) between 205.25 m and 206.5m
Summer 2024 Exploration Handheld Spectrometer Highlights:
PLN24-167 (line 3450S): B1 Exploration
- 0.5m mineralized interval from 453.5m to 454.0m
Photo 1: PLN24-168 - 700m Step-Out Along Strike at B1
To view an enhanced version of this graphic, please visit:
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Table 1. Drill Hole Summary and Handheld Spectrometer Results
| Collar Information | * Hand-held Spectrometer Results On Mineralized Drillcore (>300 cps / >0.5m minimum) | Athabasca Unconformity Depth (m) | Total Drillhole Depth (m) | |||||||||
| Hole ID | Section Line | Easting | Northing | Elevation | Az | Dip | From (m) | To (m) | Interval (m) | Max CPS | ||
| PLN24-161 | 035S | 587791.0 | 6410763.9 | 546.4 | -80.3 | 57.0 | 205.00 | 205.50 | 0.50 | 460 | 179.8 | 269 |
| 205.50 | 206.00 | 0.50 | <300 | |||||||||
| 206.00 | 206.50 | 0.50 | 450 | |||||||||
| 206.50 | 207.00 | 0.50 | 1500 | |||||||||
| 207.00 | 207.50 | 0.50 | 3800 | |||||||||
| 207.50 | 208.00 | 0.50 | 50600 | |||||||||
| 208.00 | 208.20 | 0.20 | 44000 | |||||||||
| 208.20 | 208.50 | 0.30 | >65535 | |||||||||
| 208.50 | 208.66 | 0.16 | >65535 | |||||||||
| 208.66 | 208.80 | 0.14 | 62700 | |||||||||
| 208.80 | 208.90 | 0.10 | >65535 | |||||||||
| 208.90 | 209.00 | 0.10 | 56700 | |||||||||
| 209.00 | 209.10 | 0.10 | 53700 | |||||||||
| 209.10 | 209.25 | 0.15 | >65535 | |||||||||
| 209.25 | 209.50 | 0.25 | 52200 | |||||||||
| 209.50 | 210.00 | 0.50 | 8800 | |||||||||
| 210.00 | 210.50 | 0.50 | 3900 | |||||||||
| 210.50 | 211.00 | 0.50 | 1800 | |||||||||
| 211.00 | 211.50 | 0.50 | 910 | |||||||||
| 211.50 | 212.00 | 0.50 | 1800 | |||||||||
| 212.00 | 212.50 | 0.50 | 6500 | |||||||||
| 212.50 | 213.00 | 0.50 | 4200 | |||||||||
| 213.00 | 213.50 | 0.50 | 980 | |||||||||
| 213.50 | 214.00 | 0.50 | 960 | |||||||||
| 214.00 | 214.50 | 0.50 | 9100 | |||||||||
| 214.50 | 215.00 | 0.50 | 4600 | |||||||||
| 215.00 | 215.50 | 0.50 | 4300 | |||||||||
| 215.50 | 216.00 | 0.50 | 15900 | |||||||||
| 216.00 | 216.50 | 0.50 | 1200 | |||||||||
| 216.50 | 217.00 | 0.50 | 950 | |||||||||
| PLN24-162 | 2850S | 589301.3 | 6408383.6 | 538.0 | -67.9 | 54.5 | 426.50 | 427.00 | 0.50 | 340 | 184.0 | 521 |
| PLN24-163 | 095S | 587813.1 | 6410709.8 | 546.9 | -78.5 | 52.4 | 194.00 | 194.50 | 0.50 | 310 | 181.33 | 305 |
| 197.00 | 197.50 | 0.50 | 760 | |||||||||
| 197.50 | 198.00 | 0.50 | <300 | |||||||||
| 198.00 | 198.50 | 0.50 | 400 | |||||||||
| 198.50 | 199.00 | 0.50 | 640 | |||||||||
| 199.00 | 199.50 | 0.50 | 580 | |||||||||
| 199.50 | 200.00 | 0.50 | 3700 | |||||||||
| 200.00 | 200.50 | 0.50 | 1200 | |||||||||
| 200.50 | 201.00 | 0.50 | 540 | |||||||||
| 201.00 | 201.50 | 0.50 | 580 | |||||||||
| 201.50 | 202.00 | 0.50 | 300 | |||||||||
| 202.00 | 202.50 | 0.50 | 410 | |||||||||
| 202.50 | 203.00 | 0.50 | 690 | |||||||||
| 203.00 | 203.50 | 0.50 | 710 | |||||||||
| 203.50 | 204.00 | 0.50 | 1100 | |||||||||
| 204.00 | 204.50 | 0.50 | 4800 | |||||||||
| 204.50 | 205.00 | 0.50 | 3200 | |||||||||
| 205.00 | 205.25 | 0.25 | 5700 | |||||||||
| 205.25 | 205.50 | 0.25 | 21100 | |||||||||
| 205.50 | 206.00 | 0.50 | 19000 | |||||||||
| 206.00 | 206.35 | 0.35 | 5400 | |||||||||
| 206.35 | 206.50 | 0.15 | 11500 | |||||||||
| 206.50 | 207.00 | 0.50 | 4700 | |||||||||
| 207.00 | 207.50 | 0.50 | 400 | |||||||||
| 207.50 | 208.00 | 0.50 | 2800 | |||||||||
| 208.00 | 208.50 | 0.50 | 2600 | |||||||||
| 208.50 | 209.00 | 0.50 | 1200 | |||||||||
| 209.00 | 209.50 | 0.50 | 970 | |||||||||
| 209.50 | 210.00 | 0.50 | 950 | |||||||||
| 210.00 | 212.00 | 2.00 | <300 | |||||||||
| 212.00 | 212.50 | 0.50 | 580 | |||||||||
| 212.50 | 214.00 | 1.50 | <300 | |||||||||
| 214.00 | 214.50 | 0.50 | 810 | |||||||||
| 214.50 | 215.50 | 1.00 | <300 | |||||||||
| 215.50 | 216.00 | 0.50 | 590 | |||||||||
| 216.00 | 216.50 | 0.50 | 500 | |||||||||
| 216.50 | 217.00 | 0.50 | 640 | |||||||||
| 217.00 | 217.50 | 0.50 | 420 | |||||||||
| PLN24-164 | 2880S | 589259.5 | 6408356.8 | 538.2 | -65.3 | 68.9 | A1 MSZ Exploration; no radioactivity >300 cps | 187.52 | 551 | |||
| PLN24-165 | 3195S | 589613.8 | 6408183.7 | 535.0 | -72.4 | 55.0 | B1 MSZ Exploration; no radioactivity >300 cps | 347.18 | 526 | |||
| PLN24-166 | 735S | 587974.1 | 6410035.3 | 555.2 | -60.4 | 54.9 | A1 MSZ Exploration; no radioactivity >300 cps | 182.33 | 512 | |||
| PLN24-167 | 3450S | 589969.9 | 6408137.0 | 534.4 | -74.2 | 51.5 | 453.50 | 454.00 | 0.50 | 310 | 336.7 | 512 |
| PLN24-168 | 4245S | 590177.6 | 6407291.5 | 542.3 | -70.3 | 55.3 | B1 MSZ Exploration; no radioactivity >300 cps | 365.08 | 557 | |||
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
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.
All depth measurements reported are down-hole and true thickness are yet to be determined.
About Patterson Lake North:
The Company's 4,078-hectare
Qualified Person:
The technical information in this news release has been prepare 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 project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world's largest high grade uranium discovery. F3 Uranium currently has 20 projects in the Athabasca Basin. Several of F3's projects are near large uranium discoveries including Triple R, Arrow and Hurricane. F3 has announced a transaction pursuant to which it will transfer 17 of its prospective uranium exploration properties to F4 in exchange for common shares of F4 which will be distributed to F3 shareholders on the basis of one F4 Share for every common share of F3 held; the F4 shares will then be rolled back at a rate of 10 to 1. F3 will retain the PLN Project consisting of the PLN, Misto and Broach properties. The Broach property incorporates the PW property which it obtained from CanAlaska as the result of a property swap.
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/219744
FAQ
What were the key results from F3 Uranium's summer drilling program at the JR Zone?
How did the 700m step-out hole (PLN24-168) impact F3 Uranium's B1 shear zone?
What new geophysical techniques did F3 Uranium (FUUFF) use to extend the B1 trend?
What was the significance of drill hole PLN24-168 for F3 Uranium's exploration efforts?
