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F3 - NEW Discovery - 33.0m Radioactivity with 0.56m >10,000 cps at Broach Lake

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F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced a significant new uranium discovery at Broach Lake, located 12km south of the JR Zone. Drillhole PLN25-205 intersected radioactivity over 33.0m, including a notable 0.56m section of high radioactivity exceeding 10,000 cps with a peak of 37,700 cps at 398.34m depth.

The discovery is particularly significant as it occurs within the Clearwater Domain, an area historically considered less prospective for uranium mineralization. The mineralization starts at a vertical depth of 325 meters from surface and is hosted within chloritic and clay altered orthogneisses.

The company plans to continue drilling on section to better understand the mineralization controls before exploring along strike, which remains open in both directions. The discovery follows previous drilling attempts in the area, including PLN25-202 which showed initial potential with 720cps.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ha annunciato una importante nuova scoperta di uranio a Broach Lake, situata a 12 km a sud della zona JR. Il foro di sondaggio PLN25-205 ha intercettato radioattività su 33,0 m, inclusa una sezione significativa di 0,56 m con alta radioattività superiore a 10.000 cps, con un picco di 37.700 cps a 398,34 m di profondità.

La scoperta è particolarmente rilevante poiché si trova nel Clearwater Domain, un’area storicamente considerata meno promettente per la mineralizzazione dell’uranio. La mineralizzazione inizia a una profondità verticale di 325 metri dalla superficie ed è ospitata in ortogneiss alterati da clorite e argilla.

L’azienda prevede di continuare la perforazione sulla sezione per comprendere meglio i fattori che controllano la mineralizzazione, prima di esplorare lungo la direzione della vena, che rimane aperta in entrambe le direzioni. La scoperta segue precedenti tentativi di perforazione nell’area, incluso il foro PLN25-202 che aveva mostrato un potenziale iniziale con 720 cps.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ha anunciado un importante nuevo descubrimiento de uranio en Broach Lake, ubicado a 12 km al sur de la Zona JR. El taladro PLN25-205 intersectó radioactividad durante 33,0 m, incluyendo una sección notable de 0,56 m con alta radioactividad superior a 10,000 cps, con un pico de 37,700 cps a 398,34 m de profundidad.

El descubrimiento es especialmente significativo ya que ocurre dentro del Clearwater Domain, un área históricamente considerada menos prometedora para la mineralización de uranio. La mineralización comienza a una profundidad vertical de 325 metros desde la superficie y se aloja en ortogneises alterados con clorita y arcilla.

La compañía planea continuar perforando en la sección para comprender mejor los controles de la mineralización antes de explorar a lo largo de la extensión, que permanece abierta en ambas direcciones. El descubrimiento sigue a intentos previos de perforación en la zona, incluyendo PLN25-202 que mostró un potencial inicial con 720 cps.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF)는 JR 존에서 남쪽으로 12km 떨어진 Broach Lake에서 중대한 새로운 우라늄 발견을 발표했습니다. 시추공 PLN25-205는 33.0m 구간에 걸쳐 방사능을 확인했으며, 그 중 0.56m 구간에서는 10,000 cps를 초과하는 높은 방사능이 나타났고, 398.34m 깊이에서 최대 37,700 cps를 기록했습니다.

이 발견은 우라늄 광화 가능성이 낮다고 여겨졌던 Clearwater Domain 내에서 이루어졌다는 점에서 특히 중요합니다. 광화는 지표면에서 수직으로 325미터 깊이부터 시작되며, 클로리트 및 점토 변형된 정장편마암 내에 분포합니다.

회사는 광화 제어 요인을 더 잘 이해하기 위해 단면 시추를 계속 진행할 계획이며, 이후에는 양방향으로 열려 있는 연장선을 따라 탐사를 진행할 예정입니다. 이번 발견은 이전에 지역에서 시도된 시추 작업들, 예를 들어 720 cps의 초기 가능성을 보였던 PLN25-202 이후에 이루어졌습니다.

F3 Uranium Corp (TSXV : FUU) (OTCQB : FUUFF) a annoncé une importante nouvelle découverte d’uranium à Broach Lake, situé à 12 km au sud de la zone JR. Le forage PLN25-205 a intercepté une radioactivité sur 33,0 m, incluant une section notable de 0,56 m à haute radioactivité dépassant 10 000 cps, avec un pic à 37 700 cps à une profondeur de 398,34 m.

Cette découverte est particulièrement significative car elle se situe dans le Clearwater Domain, une zone historiquement considérée comme moins prometteuse pour la minéralisation en uranium. La minéralisation commence à une profondeur verticale de 325 mètres depuis la surface et se trouve dans des orthogneiss altérés par chlorite et argile.

La société prévoit de poursuivre les forages sur cette section afin de mieux comprendre les contrôles de la minéralisation avant d’explorer le long de la direction, qui reste ouverte dans les deux sens. Cette découverte fait suite à des tentatives de forage antérieures dans la région, notamment PLN25-202 qui avait montré un potentiel initial avec 720 cps.

F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) hat eine bedeutende neue Uranentdeckung bei Broach Lake bekanntgegeben, das 12 km südlich der JR-Zone liegt. Das Bohrloch PLN25-205 durchteufte Radioaktivität über 33,0 m, einschließlich eines bemerkenswerten Abschnitts von 0,56 m mit hoher Radioaktivität von über 10.000 cps und einem Spitzenwert von 37.700 cps in 398,34 m Tiefe.

Die Entdeckung ist besonders bedeutend, da sie im Clearwater Domain liegt, einem Gebiet, das historisch als weniger aussichtsreich für Uranmineralisierung galt. Die Mineralisierung beginnt in einer vertikalen Tiefe von 325 Metern von der Oberfläche und befindet sich in chlorit- und tonveränderten Orthogneisen.

Das Unternehmen plant, die Bohrungen im Querschnitt fortzusetzen, um die Steuerungsfaktoren der Mineralisierung besser zu verstehen, bevor es entlang des Streichens weiter exploriert, das in beide Richtungen offen bleibt. Die Entdeckung folgt auf frühere Bohrversuche in der Region, darunter PLN25-202, das mit 720 cps erstes Potenzial zeigte.

Positive
  • New uranium discovery with significant radioactivity readings (peak 37,700 cps)
  • Discovery in previously underexplored area opens new prospective territory
  • Mineralization remains open along strike in both directions
  • Strategic location 12km south of existing JR Zone
Negative
  • Previous drill attempts in the area (PLN25-203, PLN25-204) showed no significant radioactivity
  • Two holes (PLN25-203, PLN25-203A) were lost in overburden

On New Trend - 12km South of JR Zone

Kelowna, British Columbia--(Newsfile Corp. - April 15, 2025) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce a new discovery with drillhole PLN25-205 which intersected radioactivity over a total of 33.0m including 0.56m of high radioactivity (>10,000 cps) with a peak of 37,700 cps at 398.34m. The drillhole is still currently in progress, however additional mineralization is not expected.

2025 Handheld Spectrometer Highlights:

Broach Lake: PW Area
PLN25-205 (line 11310S):

  • 0.5m interval with radioactivity of 340 cps between 340.0 and 340.5m, and
  • 0.5m interval with radioactivity of 440 cps between 347.5 and 348.0m, and
  • 0.5m interval with radioactivity of 370 cps between 366.0 and 366.5m, and
  • 8.0m interval with radioactivity peaking 2,500 cps between 373.0m and 381.0m, and
  • 23.5m interval with radioactivity peaking 37,700 cps between 384.0m and 407.5m, including
    • 0.56m composite mineralization >10,000 cps between 389.75m and 398.56m

Sam Hartmann, Vice President Exploration, commented:

“On March 18th we announced anomalous radioactivity at a newly emerging area 12km south of the JR Zone, showing great initial potential with drillhole PLN25-202, peaking at 720cps. This was followed up with an aggressive step back with PLN25-203, which aimed to locate a MLTDEM ground conductor. Encouraging alteration was encountered at depth corresponding with the approximate down-dip projection of the radioactive intervals in PLN25-202, but no anomalous radioactivity was noted. PLN25-204 then tested 60m up-dip of PLN25-202, successfully intersecting the targeted rock units but again with no anomalous radioactivity. Despite these results we decided on one more follow-up to PLN25-202 targeting approximately 50m down-dip (see Image 1 for cross section), this time successfully intersecting high-grade pitchblende mineralization hosted within competent but strongly chloritic and clay altered orthogneisses (see Image 2), in the hanging wall of an unmineralized fault with mineralization starting at a vertical depth of 325 meters from surface. This discovery is particularly meaningful as it is within the Clearwater Domain – a geological package predominantly thought to consist of intrusive rocks and historically considered less prospective for uranium mineralization. These drillholes contain significant intercepts of dioritic rocks – but also the strained and structurally disturbed orthogneisses we target. This strong initial intercept in PLN25-205 is the perfect analog to the approach of the technical team at F3 Uranium; to think out of the box and be persistent. After we finish drilling this hole, we plan to continue drilling on section to improve our understanding of the controls on the mineralization, before moving laterally along strike, which is open in both directions”.

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Map 1. Broach Lake -2025 Scintillometer Results

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Image 1: Cross Section: Line 11310S

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Table 1. Drill Hole Summary and Handheld Spectrometer Results

Collar Information *Planned Collar, azi/dip. Final surveys outstanding* Hand-held Spectrometer Results On Mineralized Drillcore (>300 cps / >0.5m minimum)Athabasca Unconformity Depth (m)Total Drillhole Depth (m)
Hole IDSection LineEastingNorthingElevationAzDipFrom
(m)
To
 (m)
Interval (m)Max CPS
PLN25-203
lost in overburden







PLN25-203A
lost in overburden







PLN25-203B11340S589233639784558648-63160.00160.500.50420160.7722
PLN25-20411295S589389639800358347-63168.50168.900.40310168.88401
PLN25-205*11310S589326639794058646-65340.00340.500.50340168.8TBD







347.50348.000.50440








366.00366.500.50370








373.00373.500.50470








373.50374.000.50370








374.00374.500.50<300








374.50375.000.50540








375.00377.002.00<300








377.00377.500.50510








377.50378.000.50780








378.00378.500.502100








378.50379.000.502500








379.00379.500.50660








379.50380.000.502400








380.00380.500.501400








380.50381.000.502100








384.00384.500.50800








384.50385.000.50770








385.00386.501.50<300








386.50387.000.501900








387.00387.500.503100








387.50388.000.502800








388.00388.500.501600








388.50389.000.50340








389.00389.500.50990








389.50389.750.259300








389.75390.000.2527200








390.00390.500.501700








390.50391.000.50480








391.00391.500.50900








391.50392.000.50670








392.00392.500.501300








392.50393.000.504400








393.00393.500.50590








393.50394.000.50380








394.00394.500.50640








394.50395.000.50420








395.00395.500.50420








395.50396.000.50640








396.00396.500.501400








396.50397.000.50940








397.00397.500.50<300








397.50398.000.50300








398.00398.340.349800








398.34398.500.1637700








398.50398.650.1510400








398.65399.000.358900








399.00399.500.504600








399.50400.000.50760








400.00400.500.50330








400.50401.000.50360








401.00401.500.50910








401.50402.000.501900








402.00402.500.503400








402.50403.000.501900








403.00403.500.501300








403.50404.000.50360








404.00404.500.506200








404.50405.000.50700








405.00405.500.504900








405.50406.000.502200








406.00406.500.502300








406.50407.000.501200








407.00407.500.50430

 

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 2: Uranium Mineralization in PLN25-205

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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 which has been calibrated by Radiation Solutions Inc. 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 a scintillometer)—as “anomalous”, readings above 10,000 cps as “highly radioactive”, 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/248437

FAQ

What are the key findings from F3 Uranium's (FUUFF) new discovery at Broach Lake?

The discovery shows 33.0m of radioactivity with 0.56m exceeding 10,000 cps and a peak of 37,700 cps at 398.34m depth.

Where is the new FUUFF uranium discovery located relative to the JR Zone?

The new discovery is located 12km south of the JR Zone in the Clearwater Domain.

What is significant about the location of F3 Uranium's (FUUFF) new discovery?

It's in the Clearwater Domain, an area historically considered less prospective for uranium mineralization, making this discovery particularly meaningful.

What are F3 Uranium's (FUUFF) next steps following the Broach Lake discovery?

The company plans to continue drilling on section to understand mineralization controls, then explore along strike in both directions.
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