F4 and UraniumX Announce Field Program Underway at Murphy Lake
F4 and UraniumX Announce Field Program
Underway at Murphy Lake
Kelowna, British Columbia--(Newsfile Corp. - March 18, 2026) -
F4 Uranium Corp. (TSXV: FFU)
("
F4
"
or "
the Company
") is pleased to announce that the partner-funded ground EM geophysics program at
Murphy Lake is now underway (see F4 news release dated February 17, 2026). The property is located
5 kilometres south of IsoEnergy's high-grade Hurricane Deposit and 4 kilometres east of Cameco's La
Rocque Lake Uranium Zone.
The geophysics crew has mobilized to the highest-priority northernmost lines (Figure 1) near historic drill
hole ML22-012. This hole is interpreted to have overshot the conductive basement target but returned
strong uranium geochemistry just above the Athabasca unconformity, highlighted by 56 ppm U over 0.5
metres in sandstone. These lines will also test for an extension of the north-south conductive corridor
where ML22-006 intersected 0.242% U
₃
O
₈
in basement rocks within a 4.2-metre-wide deformation
zone.
The new EM results will be integrated into the project model as the data is received and interpreted,
helping to guide the upcoming drill program planned for late spring 2026.
The Murphy Lake work program is being fully funded by UraniumX Discovery Corp. in accordance with
the terms of the Option Agreement to earn up to a 70% interest in the Murphy Lake Property (see F4
news release dated February 2, 2026). F4 will act as operator during the earn-in period.
About Murphy Lake:
F4's 609-hectare Murphy Lake Property is located in the north-eastern corner of the Athabasca Basin,
30 km northwest of Orano's McLean Lake deposits, 5 km south of IsoEnergy's Hurricane Uranium
Deposit and 4 km east of Cameco's La Rocque Lake Uranium Zone where drill hole Q22-040
intersected 29.9% U3O8 over 7.0 m. The 2022 drill program at the Murphy Lake Property consisted of
14 drillholes totaling 6,850m; drill hole ML22-006 intersected 0.065% U
3
O
8
over 2.5m from 322.5m to
324.5m, including 0.242% U
3
O
8
over 0.5m.
Figure 1. Murphy Lake 2026 MLEM Ground Geophysical Program Map.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10832/288940_bc7974b5349dea91_002full.jpg
Qualified Person
The technical information in this news release has been reviewed and approved on behalf of the
Company by Sam Hartmann, P.Geo., President & COO of F4, and a qualified person as defined by
National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
This news release also refers to neighboring properties in which F4 Uranium has no interest, and the
Qualified Person has been unable to verify the information from those properties. Mineralization on those
neighboring properties is not necessarily indicative of mineralization on the Murphy Lake Property.
For additional information on the Murphy Lake Property, please refer to the National Instrument 43-101
Report titled "Technical Report For The Murphy Lake Project, NE Athabasca Basin, Saskatchewan,
Canada" effective March 20, 2024, available at
www.sedarplus.ca
.
About F4 Uranium Corp:
F4 Uranium is a Canadian uranium exploration company focused on the Athabasca Basin in northern
Saskatchewan Company is led by a management and exploration team with a legacy of discovery
successes. The project portfolio includes 17 wholly owned properties totaling roughly 157,000 ha, many
of which are near uranium deposits including Paladin's Triple R, NexGen Energy's Arrow and
IsoEnergy's Hurricane projects.
The project portfolio includes 17 wholly owned properties totaling roughly 157,000 ha, many of which are
near uranium deposits including Paladin's Triple R, Nexgen Energy's Arrow and IsoEnergy's Hurricane
projects. The assets were spun out of F3 Uranium in 2024, where the technical and management team
made their third, and more recently fourth uranium discoveries at Patterson Lake North and Broach
Lake.
Contact Information
F4 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2
Investor Relations
Telephone: 778 484 8030
Email:
ON BEHALF OF THE BOARD,
"Ray Ashley"
Raymond Ashley, CEO
F4 Uranium Corp.
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.
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