F3 - NEW Discovery - 33.0m Radioactivity with 0.56m >10,000 cps at Broach Lake On New Trend - 12km South of JR Zone
F3 - NEW Discovery - 33.0m Radioactivity with
0.56m >10,000 cps at Broach Lake
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”.
Map 1. Broach Lake -2025 Scintillometer Results
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/248437_6a4027ce64d2ca31_002full.jpg
Image 1: Cross Section: Line 11310S
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/248437_6a4027ce64d2ca31_004full.jpg
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 ID
Section Line
Easting
Northing
Elevation
Az
Dip
From
(m)
To
(m)
Interval
(m)
Max
CPS
PLN25-
203
lost in overburden
PLN25-
203A
lost in overburden
PLN25-
203B
11340S
589233
6397845
586
48
-63
160.00
160.50
0.50
420
160.7
722
PLN25-
204
11295S
589389
6398003
583
47
-63
168.50
168.90
0.40
310
168.88
401
PLN25-
205*
11310S
589326
6397940
586
46
-65
340.00
340.50
0.50
340
168.8
TBD
347.50
348.00
0.50
440
366.00
366.50
0.50
370
373.00
373.50
0.50
470
373.50
374.00
0.50
370
374.00
374.50
0.50
<300
374.50
375.00
0.50
540
375.00
377.00
2.00
<300
377.00
377.50
0.50
510
377.50
378.00
0.50
780
378.00
378.50
0.50
2100
378.50
379.00
0.50
2500
379.00
379.50
0.50
660
379.50
380.00
0.50
2400
380.00
380.50
0.50
1400
380.50
381.00
0.50
2100
384.00
384.50
0.50
800
384.50
385.00
0.50
770
385.00
386.50
1.50
<300
386.50
387.00
0.50
1900
387.00
387.50
0.50
3100
387.50
388.00
0.50
2800
388.00
388.50
0.50
1600
388.50
389.00
0.50
340
389.00
389.50
0.50
990
389.50
389.75
0.25
9300
389.75
390.00
0.25
27200
390.00
390.50
0.50
1700
390.50
391.00
0.50
480
391.00
391.50
0.50
900
391.50
392.00
0.50
670
392.00
392.50
0.50
1300
392.50
393.00
0.50
4400
393.00
393.50
0.50
590
393.50
394.00
0.50
380
394.00
394.50
0.50
640
394.50
395.00
0.50
420
395.00
395.50
0.50
420
395.50
396.00
0.50
640
396.00
396.50
0.50
1400
396.50
397.00
0.50
940
397.00
397.50
0.50
<300
397.50
398.00
0.50
300
398.00
398.34
0.34
9800
398.34
398.50
0.16
37700
398.50
398.65
0.15
10400
398.65
399.00
0.35
8900
399.00
399.50
0.50
4600
399.50
400.00
0.50
760
400.00
400.50
0.50
330
400.50
401.00
0.50
360
401.00
401.50
0.50
910
401.50
402.00
0.50
1900
402.00
402.50
0.50
3400
402.50
403.00
0.50
1900
403.00
403.50
0.50
1300
403.50
404.00
0.50
360
404.00
404.50
0.50
6200
404.50
405.00
0.50
700
405.00
405.50
0.50
4900
405.50
406.00
0.50
2200
406.00
406.50
0.50
2300
406.50
407.00
0.50
1200
407.00
407.50
0.50
430
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
Image 2: Uranium Mineralization in PLN25-205
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/248437_6a4027ce64d2ca31_003full.jpg
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:
ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO
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