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F3 Hits Anomalous Radioactivity 12km South of JR Zone on Broach Property

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F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced significant findings from its winter drilling programs at the PLN and Broach Properties. At the JR Zone, drillhole PLN25-200 revealed mineralization over 20.0m, including 2.25m of high-grade radioactivity with 0.68m of off-scale readings exceeding 65,535 cps.

In a notable development, the newly identified 'PW Area' at Broach Lake, located 12km south of JR Zone, showed promise with drillhole PLN25-202 encountering six distinct zones of anomalous radioactivity, with readings between 300-720 cps across a 90m downhole interval. The area, previously underexplored due to thick conductive Cretaceous mudstone layers, was successfully surveyed using MLTDEM ground survey technology.

The company plans to conduct follow-up drilling in the PW Area with an adjusted approach, stepping back approximately 100 meters to better intersect the refined target within a distinct circular gravity anomaly, before returning focus to the JR Zone.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ha annunciato risultati significativi dai suoi programmi di perforazione invernale presso le proprietà PLN e Broach. Nella Zona JR, il foro di perforazione PLN25-200 ha rivelato mineralizzazione su oltre 20,0 m, inclusi 2,25 m di radioattività ad alta intensità con letture off-scale superiori a 65.535 cps.

In uno sviluppo notevole, la nuova area identificata 'PW Area' al lago Broach, situata a 12 km a sud della Zona JR, ha mostrato potenzialità con il foro di perforazione PLN25-202 che ha incontrato sei zone distinte di radioattività anomala, con letture comprese tra 300 e 720 cps su un intervallo di 90 m in profondità. L'area, precedentemente poco esplorata a causa di spesse strati di argilla conduttiva del Cretaceo, è stata successivamente indagata utilizzando la tecnologia di sondaggio a terra MLTDEM.

La società prevede di effettuare perforazioni di follow-up nell'Area PW con un approccio modificato, arretrando di circa 100 metri per meglio intersecare il bersaglio raffinato all'interno di un'anomalia gravitazionale circolare distinta, prima di tornare a concentrarsi sulla Zona JR.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ha anunciado hallazgos significativos de sus programas de perforación invernales en las propiedades PLN y Broach. En la Zona JR, el pozo de perforación PLN25-200 reveló mineralización en más de 20,0 m, incluyendo 2,25 m de radiactividad de alta calidad con lecturas fuera de escala que superan los 65,535 cps.

En un desarrollo notable, la nueva área identificada 'PW Area' en el lago Broach, ubicada a 12 km al sur de la Zona JR, mostró promesa con el pozo de perforación PLN25-202 encontrando seis zonas distintas de radiactividad anómala, con lecturas entre 300 y 720 cps a lo largo de un intervalo de 90 m en profundidad. El área, previamente poco explorada debido a capas gruesas de lutita conductora del Cretácico, fue exitosamente inspeccionada utilizando la tecnología de encuesta terrestre MLTDEM.

La empresa planea realizar perforaciones de seguimiento en el Área PW con un enfoque ajustado, retrocediendo aproximadamente 100 metros para intersecar mejor el objetivo refinado dentro de una anomalia gravitacional circular distinta, antes de volver a centrarse en la Zona JR.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF)는 PLN 및 Broach 속성에서 겨울 드릴링 프로그램의 중요한 발견을 발표했습니다. JR 존에서 드릴홀 PLN25-200은 20.0m 이상의 광물화를 보여주었으며, 그 중 2.25m는 65,535 cps를 초과하는 오프스케일 독성 물질을 포함하는 고급 방사능을 나타냈습니다.

주목할 만한 발전으로, JR 존에서 남쪽으로 12km 떨어진 Broach Lake의 새로 확인된 'PW 지역'에서 드릴홀 PLN25-202가 300-720 cps 범위의 방사능이 비정상적으로 나타나는 여섯 개의 구역을 발견했습니다. 이 지역은 두꺼운 전도성 백악기 점토층으로 인해 이전에 충분히 탐사되지 않았으며, MLTDEM 지상 조사 기술을 사용하여 성공적으로 조사되었습니다.

회사는 PW 지역에서 조정된 접근 방식을 통해 후속 드릴링을 계획하고 있으며, 약 100미터 후퇴하여 독특한 원형 중력 이상 내의 정제된 목표를 더 잘 교차하도록 할 예정이며, 그 후 JR 존에 다시 집중할 것입니다.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) a annoncé des résultats significatifs de ses programmes de forage d'hiver sur les propriétés PLN et Broach. Dans la Zone JR, le trou de forage PLN25-200 a révélé une minéralisation sur plus de 20,0 m, y compris 2,25 m de radioactivité de haute qualité avec des lectures hors échelle dépassant 65 535 cps.

Dans un développement notable, la nouvelle zone identifiée 'PW Area' au lac Broach, située à 12 km au sud de la Zone JR, a montré des promesses avec le trou de forage PLN25-202 rencontrant six zones distinctes de radioactivité anormale, avec des lectures entre 300 et 720 cps sur un intervalle de 90 m en profondeur. La zone, auparavant peu explorée en raison de couches d'argile conductrices du Crétacé, a été avec succès sondée à l'aide de la technologie d'enquête terrestre MLTDEM.

La société prévoit de réaliser des forages de suivi dans la zone PW avec une approche ajustée, en reculant d'environ 100 mètres pour mieux intercepter la cible affinée au sein d'une anomalie gravitationnelle circulaire distincte, avant de revenir à la Zone JR.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) hat bedeutende Ergebnisse aus seinen Winterbohrprogrammen in den PLN- und Broach-Eigentümern bekannt gegeben. In der JR-Zone offenbarte das Bohrloch PLN25-200 eine Mineralisierung über 20,0 m, einschließlich 2,25 m hochgradiger Radioaktivität mit Off-Scale-Werten, die 65.535 cps überschreiten.

In einer bemerkenswerten Entwicklung zeigte das neu identifizierte 'PW-Gebiet' am Broach Lake, das 12 km südlich der JR-Zone liegt, vielversprechende Ergebnisse, da das Bohrloch PLN25-202 sechs verschiedene Zonen anomaler Radioaktivität mit Werten zwischen 300 und 720 cps über einen 90 m langen Bohrintervall aufwies. Das Gebiet, das zuvor aufgrund dicker leitfähiger Kreide-Tonstein-Schichten wenig erkundet wurde, wurde erfolgreich mit der MLTDEM-Bodenuntersuchungstechnologie untersucht.

Das Unternehmen plant, im PW-Gebiet mit einem angepassten Ansatz nachzubohrungen, indem es etwa 100 Meter zurückgeht, um das verfeinerte Ziel innerhalb einer ausgeprägten kreisförmigen Schwereanomalie besser zu treffen, bevor es sich wieder auf die JR-Zone konzentriert.

Positive
  • Discovery of significant uranium mineralization at JR Zone with 20.0m composite including high-grade sections
  • New radioactive discovery at PW Area with six distinct zones of anomalous radioactivity
  • Successful implementation of MLTDEM survey technology enabling exploration in previously challenging areas
Negative
  • Initial PW Area drill hole PLN25-202 overshot intended target requiring adjustment
  • Presence of thick conductive mudstone layers complicating exploration efforts

20.0m Composite Mineralization at JR Zone with 2.25m high grade Radioactivity

Kelowna, British Columbia--(Newsfile Corp. - March 18, 2025) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to release initial scintillometer results from the ongoing winter drill programs at the PLN and Broach Properties including drilling at JR Zone, B1, and the PW Area. At Broach Lake a new prospective area "PW" is emerging, where exploration drillhole PLN25-202 encountered six distinct zones of anomalous radioactivity, with readings ranging between 300 cps and 720 cps over a 90m downhole interval. At JR Zone, PLN25-200 returned mineralization over 20.0m, including 2.25m of high grade (>10,000 cps) containing 0.68m of off-scale mineralization (>65,535 cps).

2025 Handheld Spectrometer Highlights:

PLN: JR Zone
PLN25-198 (line 090S):

  • 6.5m interval with mineralization between 214.5 and 223.0m, including
    • 0.20m high-grade radioactivity (> 10,000 cps) between 220.65 and 220.85m, and
  • 1.5m interval with mineralization between 228.5 and 230.0m

PLN25-200 (line 045S):

  • 1.0m interval with mineralization between 229.0 and 230.0m, and
  • 19.0m interval with mineralization between 233.0 and 252.0m, including
    • 2.25m high-grade composite radioactivity (> 10,000 cps) between 236.0 and 238.75m

Broach Lake: PW Area
PLN25-202 (line 11325S):

  • 0.5m interval with radioactivity between 272.5 and 273.0m, and
  • 0.5m interval with radioactivity between 275.5 and 276.0m, and
  • 0.5m interval with radioactivity between 296.0 and 296.5m, and
  • 0.5m interval with radioactivity between 321.0 and 321.5m, and
  • 0.5m interval with radioactivity between 359.5 and 360.0m, and
  • 0.5m interval with radioactivity between 362.5 and 363.0m

B1 Conductor:
PLN25-196 (line 2835S):

  • 0.5m interval with radioactivity between 336.5 and 367.0m

Sam Hartmann, Vice President Exploration, commented:

"The 'PW' area, situated on the Broach Property approximately 12 kilometers south of the JR Zone, lies just within the Athabasca Basin and represents a region with minimal historical exploration and drilling activity. No previously defined conductors had been identified in this area, largely due to the presence of a thick layer of conductive Cretaceous mudstone from the Manville Group, which locally reaches thicknesses of nearly 100 meters. Recognizing the potential of this challenging but underexplored region, we conducted a specifically designed MLTDEM ground survey (see NR February 11) which has just been completed by Abitibi Geophysics. This approach successfully delineated a number of basement-hosted conductors on the survey lines interpreted so far with lines L3200N to L4400N still outstanding (see Map 2), overcoming the interference posed by the conductive mudstones. Drillhole PLN25-202 was collared based on an initial interpretation and conductor model on L1600N, and intersected strongly altered basement lithologies, encountering six distinct radioactive intercepts across a 90-meter downhole interval. Data from this drillhole was subsequently re-integrated back into the electromagnetic (EM) model - which resulted in a lateral shift of the conductor model by approximately 100 meters. This adjustment suggests that PLN25-202 overshot the intended target yet - still encountered significant alteration and structures along with radioactivity. A follow-up drillhole is scheduled and planned to step back by approximately 100 meters to better intersect the refined target, which lies in a distinct circular gravity anomaly. While the PW Area is still in its early stages of exploration, we are highly encouraged by these strong initial results, and intend to conduct further drilling in the area before shifting focus back to the JR Zone toward the conclusion of the winter season."

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Map 1. Patterson Lake North - JR Zone 2025 Scintillometer Results

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Map 2. Broach Lake - PW Area 2025 Scintillometer Results

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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)


 Hole IDSection Line
 Easting NorthingElevation
 Az DipFrom
(m)

 To
(m)
 Interval (m) Max CPS Athabasca Unconformity Depth (m)Total Drillhole Depth (m)
PLN25-1962835S589265.06408368.2537.954.1-67.3366.50367.000.50390178.4497
PLN25-197030S587776.26410760.2546.455.1-70.7206.50207.000.50880189.7251







207.00207.500.507,600








207.50208.000.509,700








208.00208.500.505,100








208.50209.000.50510








209.00209.500.50360








209.50210.000.50390








210.00210.500.50350








210.50211.000.50530








211.00211.500.501,100

PLN25-198090S587842.96410645.2546.09.4-64.9214.50215.000.50330191.7299







215.00215.500.50460








215.50217.502.00<300








217.50218.000.503,400








218.00218.500.502,200








218.50219.000.50330








219.00219.500.50340








219.50220.000.50570








220.00220.500.50450








220.50220.650.158,600








220.65220.850.2022,100








220.85221.000.157,700








221.00221.500.508,100








221.50222.000.502,500








222.00222.500.504,900








222.50223.000.502,200








228.50229.000.50310








229.00229.500.50<300








229.50230.000.50450

PLN25-199010N587693.26410748.1545.254.9-65.7232.00232.500.50360197.7269







242.00242.500.501,000








242.50243.000.502,900








243.00243.500.501,100

PLN25-200045S587730.96410712.4545.253.4-65.5229.00229.500.50330








229.50230.000.50360








233.00233.500.50660








233.50234.000.50720








234.00234.500.501,900








234.50235.000.504,900








235.00235.500.50660








235.50236.000.509,600








236.00236.500.5062,200








236.50237.000.5013,400








237.00237.500.509,200








237.50237.650.1558,200








237.65238.000.35>65,535








238.00238.330.33>65,535








238.33238.500.1761,000








238.50238.750.2522,300








238.75239.000.258,600








239.00239.500.508,400








239.50240.000.502,800








240.00240.500.505,700








240.50241.000.503,000








241.00241.500.505,400








241.50242.000.505,200








242.00242.500.505,100








242.50243.000.50470








243.00244.001.00<300








244.00244.500.50320








244.50246.502.00<300








246.50247.000.502,100








247.00247.500.50740








247.50248.000.501,100








248.00248.500.50480








248.50249.000.50<300








249.00249.500.50330








249.50250.000.50740








250.00251.001.00<300








251.00251.500.501,300








251.50252.000.502,100

PLN25-20112510S590064.46397263.8568.945.9-70.2PW Exploration; no radioactivity >300 cpsn.a.437
PLN25-20211325S589352.66397967.0583.245.9-63.3272.50273.000.50330171.6464.5







275.50276.000.50300








296.00296.500.50330








321.00321.500.50320








359.50360.000.50320








362.50363.000.50720

 

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

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Image 1: Anomalous Radioactivity in PLN25-202

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The natural gamma radiation detected in the drill core, as detailed in this news release, was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 spectrometer. The Company designates readings exceeding 300 cps on the handheld spectrometer (occasionally referred to as a scintillometer in industry parlance; this colloquial usage stems from historical naming conventions and the shared functionality of detecting gamma radiation with a scintillometer)—as "anomalous", readings above 10,000 cps as "high-grade", and readings surpassing 65,535 cps as "off-scale". However, readers are cautioned that spectrometer or scintillometer measurements often do not directly or consistently correlate with the uranium grades of the rock samples and should be regarded solely as a preliminary indicator 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 Project:

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 Paladin's Triple R and Nexgen's Arrow.

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/244920

FAQ

What significant uranium mineralization did FUUFF discover in the JR Zone?

PLN25-200 discovered 20.0m of mineralization, including 2.25m of high-grade (>10,000 cps) with 0.68m of off-scale (>65,535 cps) readings.

What are the radioactivity findings in FUUFF's new PW Area at Broach Lake?

Drillhole PLN25-202 encountered six distinct zones of anomalous radioactivity, with readings between 300-720 cps over a 90m downhole interval.

How far is FUUFF's new PW Area discovery from the JR Zone?

The PW Area is located approximately 12 kilometers south of the JR Zone on the Broach Property.

What is FUUFF's next drilling plan for the PW Area discovery?

F3 plans to step back approximately 100 meters in the next drill hole to better intersect the refined target within a circular gravity anomaly.
F3 Uranium Corp

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