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F3 Hits 4.35m Off-Scale Mineralization (>65,535 cps) at JR Zone

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F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) has announced significant scintillometer results from its summer drill program at the JR Zone. The highlight is PLN24-176, which intersected 11.0m of mineralization, including 5.40m of high-grade (>10,000 cps) and 4.35m of off-scale mineralization (>65,535 cps). This hole was drilled to increase confidence in the high-grade continuity of the JR Zone.

The company also reported on exploration efforts, including PLN24-168, which stepped out 700m along strike, and PLN24-175, which tested the B1 shear structure near the Athabasca Unconformity. These results have revealed new target areas for further exploration.

F3 Uranium's Vice President of Exploration, Sam Hartmann, expressed optimism about PLN24-176, expecting it to rank among the top drillholes at JR Zone based on total radioactivity and intercepted width of high-grade mineralization.

F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) ha annunciato risultati significativi dello scintillometro dal suo programma di perforazione estivo nella Zona JR. Il punto culminante è PLN24-176, che ha incrociato 11,0m di mineralizzazione, inclusi 5,40m di mineralizzazione ad alta qualità (>10.000 cps) e 4,35m di mineralizzazione fuori scala (>65.535 cps). Questo foro è stato perforato per aumentare la fiducia nella continuità dell'alta qualità della Zona JR.

L'azienda ha anche riportato sui progressi esplorativi, inclusi PLN24-168, che si è distaccato di 700m lungo la linea, e PLN24-175, che ha testato la struttura di taglio B1 vicino all'Inconformità di Athabasca. Questi risultati hanno rivelato nuove aree obiettivo per ulteriori esplorazioni.

Il Vice Presidente delle Esplorazioni di F3 Uranium, Sam Hartmann, ha espresso ottimismo riguardo a PLN24-176, prevedendo che potrebbe posizionarsi tra i migliori fori nella Zona JR in base alla radioattività totale e alla larghezza intercettata della mineralizzazione ad alta qualità.

F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) ha anunciado resultados significativos de scintillómetro de su programa de perforación de verano en la Zona JR. Lo más destacado es PLN24-176, que intersectó 11,0m de mineralización, incluyendo 5,40m de mineralización de alta ley (>10,000 cps) y 4,35m de mineralización fuera de escala (>65,535 cps). Este pozo fue perforado para aumentar la confianza en la continuidad de alta ley de la Zona JR.

La compañía también informó sobre esfuerzos de exploración, incluyendo PLN24-168, que se extendió 700m a lo largo de la línea, y PLN24-175, que probó la estructura de cizallamiento B1 cerca de la Inconformidad de Athabasca. Estos resultados han revelado nuevas áreas objetivo para una mayor exploración.

El Vicepresidente de Exploración de F3 Uranium, Sam Hartmann, expresó optimismo sobre PLN24-176, esperando que se clasifique entre los mejores pozos en la Zona JR en función de la radioactividad total y el ancho interceptado de mineralización de alta ley.

F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF)는 JR 구역의 여름 드릴 프로그램에서 상당한 신틸로미터 결과를 발표했습니다. 가장 주목할 만한 결과는 PLN24-176으로, 11.0m의 광물화를 포함하고 있으며, 이 중 5.40m는 고급 (>10,000 cps)4.35m는 비율 초과 광물화 (>65,535 cps)입니다. 이 구멍은 JR 구역의 고급 연속성에 대한 신뢰를 높이기 위해 시추되었습니다.

회사는 또한 탐사 노력을 보고했으며, 여기에는 700m 거리를 이동한 PLN24-168과 Athabasca 불일치 근처의 B1 전단 구조를 테스트한 PLN24-175가 포함됩니다. 이러한 결과는 추가 탐사를 위한 새로운 목표 지역을 밝혀냈습니다.

F3 우라늄의 탐사 부사장인 샘 하트만(Sam Hartmann)은 PLN24-176에 대한 낙관을 표명하며, 이 구멍이 총 방사능 및 고급 광물화의 인터셉트 폭을 기반으로 JR 구역의 최고의 드릴 홀 중 하나로 평가될 것이라고 기대하고 있습니다.

F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) a annoncé des résultats significatifs du scintillomètre provenant de son programme de forage estival dans la zone JR. Le point fort est PLN24-176, qui a intersecté 11,0 m de minéralisation, y compris 5,40 m de minéralisation de haute pureté (>10 000 cps) et 4,35 m de minéralisation hors échelle (>65 535 cps). Ce trou a été foré pour renforcer la confiance dans la continuité de haute pureté de la zone JR.

La société a également rendu compte des efforts d'exploration, y compris PLN24-168, qui s'est éloigné de 700 m le long de la veine, et PLN24-175, qui a testé la structure de cisaillement B1 près de l'inconformité d'Athabasca. Ces résultats ont révélé de nouvelles zones cibles pour des explorations ultérieures.

Le vice-président de l'exploration de F3 Uranium, Sam Hartmann, a exprimé son optimisme concernant PLN24-176, s'attendant à ce qu'il se classe parmi les meilleurs forages de la zone JR en fonction de la radioactivité totale et de la largeur interceptée de la minéralisation de haute pureté.

F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) hat bedeutende Ergebnisse des Scintillometers aus seinem Sommer-Bohrprogramm in der JR-Zone angekündigt. Das Highlight ist PLN24-176, das 11,0 m Mineralisierung mit 5,40 m hochgradiger (>10.000 cps) und 4,35 m außerhalb der Skala (>65.535 cps) Mineralisierung durchschnitt. Dieses Loch wurde gebohrt, um das Vertrauen in die Hochgrad-Kontinuität der JR-Zone zu erhöhen.

Das Unternehmen berichtete auch über Explorationsbemühungen, einschließlich PLN24-168, das 700 m entlang des Streichens abwich, und PLN24-175, das die B1-Schieferstruktur in der Nähe der Athabasca-Unkonformität testete. Diese Ergebnisse haben neue Zielgebiete für zukünftige Erkundungen aufgezeigt.

Der Vizepräsident der Exploration von F3 Uranium, Sam Hartmann, äußerte Optimismus hinsichtlich PLN24-176 und erwartet, dass es zu den besten Bohrlöchern der JR-Zone gehören wird, basierend auf der Gesamtradioaktivität und der abgefangenen Breite der hochgradigen Mineralisierung.

Positive
  • PLN24-176 intersected 11.0m of mineralization, including 5.40m of high-grade (>10,000 cps) and 4.35m of off-scale mineralization (>65,535 cps)
  • Exploration efforts revealed new target areas for further drilling
  • PLN24-168 successfully stepped out 700m along strike, encountering altered and strongly graphitic B1 shear
Negative
  • None.

Kelowna, British Columbia--(Newsfile Corp. - September 10, 2024) - F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce scintillometer results from the current summer drill program, including PLN24-176 which was cored in the JR Zone and which returned mineralization over 11.0m, including 5.40m of high grade (>10,000 cps) containing 4.35m of composite off-scale mineralization (>65,535 cps).

Sam Hartmann, Vice President Exploration, commented:

"PLN24-176 was planned to increase confidence and high-grade continuity in the heart of the JR Zone, approximately 15m in the up-dip direction of PLN24-137 (see NR April 1, 2024 and July 20, 2024). Based on total radioactivity and the intercepted width of high grade, we expect this hole to rank near the top of all drillholes at JR. Exploration remains the focus of the program; previously (see NR August 13, 2024) we announced PLN24-168, which stepped out 700m along strike and encountered the altered and strongly graphitic B1 shear well below the Athabasca Unconformity. PLN24-175 was a follow up, testing the same structure 110m up-dip targeting its intersection with the unconformity. This hole intersected strong alteration in the basement; coupled with intense silicification and brecciation observed in the lower Athabasca Sandstone and the lack of graphitic structure in the basement, indications are that the structure dips steeper than presumed. This reveals a new target down-dip from PLN24-175 and an additional hole is planned to test the structure in this area with these prospective signs for nearby mineralization."

Summer 2024 JR Zone Handheld Spectrometer Highlights:

PLN24-176 (line 035S):

  • 11.0m interval with mineralization between 186.0 and 206.5m, including
    • 4.35m composite off-scale radioactivity (> 65,535 cps) between 197.40m and 202.15m

PLN24-177 (line 070S):

  • 13.0 interval with mineralization between 199.0 and 214.5m, including
    • 0.20m high-grade radioactivity (> 10,000 cps) between 211.0 and 211.2m

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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
PLN24-169 2820S 589486.4 6408554.4 529.6 113.3 -70.5 B1 MSZ Exploration; no radioactivity >300 cps 170.4, 256.3, 324.2 404
PLN24-170 150S 587940.0 6410725.8 546.3 58.4 -84.6 A1 Exploration; no radioactivity >300 cps 172.3 263
PLN24-171 3345S 589633.1 6408012.6 535.4 54.7 -65.6 B1 MSZ Exploration; no radioactivity >300 cps 353.0 674
PLN24-172 3780S 590006.3 6407749.4 539.2 55.8 -65.1 B1 MSZ Exploration; no radioactivity >300 cps 361.8 524
PLN24-173 2850S 589230.3 6408338.0 536.9 54.5 -67.1 A1 Exploration; no radioactivity >300 cps 173.4 587
PLN24-174 3075S 589596.1 6408116.4 532.7 14.6 -57.8 B1 MSZ Exploration; no radioactivity >300 cps 376.4 398
PLN24-175 4245S 590242.5 6407347.5 542.8 55.8 -66.7 B1 MSZ Exploration; no radioactivity >300 cps 351.2 497
PLN24-176 035S 587813.4 6410772.8 545.9 55.8 -80.8 186.00 186.50 0.50 300 181.8 296
              193.50 194.00 0.50 300    
              194.00 195.50 1.50 <300    
              195.50 196.00 0.50 320    
              196.00 196.50 0.50 1100    
              196.50 197.00 0.50 1200    
              197.00 197.40 0.40 55500    
              197.40 197.50 0.10 >65535    
              197.50 198.00 0.50 >65535  
              198.00 198.50 0.50 >65535    
              198.50 199.00 0.50 >65535  
              199.00 199.50 0.50 >65535    
199.50 200.00 0.50 >65535  
              200.00 200.50 0.50 >65535    
200.50 200.70 0.20 >65535    
              200.70 201.00 0.30 45500    
201.00 201.10 0.10 63600    
              201.10 201.50 0.40 >65535    
              201.50 202.00 0.50 >65535    
              202.00 202.15 0.15 >65535    
              202.15 202.40 0.25 50200    
              202.40 202.50 0.10 8700    
              202.50 203.00 0.50 1600    
              203.00 203.50 0.50 1900    
              206.00 206.50 0.50 320    
PLN24-177 70S 587813.4 6410742.8 547.3 55.9 -81.3 199.00 199.50 0.50 340 179.4 269
              199.50 200.00 0.50 480    
              200.00 200.50 0.50 400    
              200.50 201.00 0.50 460    
              201.00 201.50 0.50 670    
              201.50 202.00 0.50 800    
              202.00 202.50 0.50 1900    
              202.50 203.00 0.50 1900    
              203.00 203.50 0.50 1600    
              203.50 204.00 0.50 900    
              204.00 204.50 0.50 <300    
              204.50 205.00 0.50 2000    
              205.00 205.50 0.50 410    
              208.00 208.50 0.50 1300    
              208.50 209.00 0.50 610    
              209.00 209.50 0.50 <300    
              209.50 210.00 0.50 360    
              210.00 210.50 0.50 780    
              210.50 211.00 0.50 3800    
              211.00 211.20 0.20 12500    
              211.20 211.50 0.30 5100    
              211.50 212.00 0.50 1600    
              212.00 212.50 0.50 300    
              212.50 214.00 1.50 <300    
              214.00 214.50 0.50 300    

 

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. Samples from the drill core are split in half on site and are standardized at 0.5m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK. for lithogeochemical analysis using their "Uranium Package".

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 100% owned Patterson Lake North property (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR Zone uranium discovery is located 23km northwest of Fission Uranium's Triple R deposit.

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 exploration company advancing its newly discovered high-grade JR Zone and exploring for additional mineralized zones on its 100%-owned Patterson Lake North (PLN) Project in the southwest Athabasca Basin. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR Zone discovery is located ~25km northwest of Fission Uranium's Triple R and NexGen Energy's Arrow high-grade uranium deposits. This area is poised to become the next major area of development for new uranium operations in northern Saskatchewan. The PLN project is comprised of the PLN, Minto and Broach properties. The Broach property incorporates the former PW property which was obtained from CanAlaska as a 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/222573

FAQ

What were the key results from F3 Uranium's summer drill program at the JR Zone?

The key result was from PLN24-176, which intersected 11.0m of mineralization, including 5.40m of high-grade (>10,000 cps) and 4.35m of off-scale mineralization (>65,535 cps) in the JR Zone.

How far did F3 Uranium's exploration efforts extend along strike in the summer 2024 program?

F3 Uranium's exploration efforts extended 700m along strike with PLN24-168, which encountered the altered and strongly graphitic B1 shear well below the Athabasca Unconformity.

What new targets were identified by F3 Uranium (FUUFF) in their summer 2024 drilling program?

F3 Uranium identified a new target down-dip from PLN24-175, based on strong alteration in the basement and intense silicification and brecciation observed in the lower Athabasca Sandstone.

What was the maximum CPS reading reported in F3 Uranium's summer 2024 drill results?

The maximum CPS reading reported was >65,535 cps, which is considered off-scale, in hole PLN24-176 at the JR Zone.

F3 URANIUM CORP NEW

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