F3 Announces Exploration Programs at Broach and Minto Properties
F3 Announces Exploration Programs at
Broach and Minto Properties
Kelowna, British Columbia--(Newsfile Corp. - February 11, 2025) -
F3 Uranium Corp
(
TSXV: FUU
)
(
OTCQB: FUUFF
) ("
F3
" or "
the Company
") is pleased to announce that ground geophysical
exploration programs have commenced on the Broach and Minto Properties. A total of 55 line km of
Moving Loop TDEM ground EM will be undertaken on two grids of interest testing suspected conductive
corridors previously identified by airborne surveys, and both parallel to the A1 conductor system which
hosts the high grade JR Zone on the PLN property.
Minto Property: A4 Grid
14 line-km of MLTDEM ground geophysics testing an approximately 7,200m long conductive corridor
identified by airborne MobileMT which was flown by F3 in 2023. F3 has one hole drilled on this grid in
2014; PLN14-021 intersected up to 44ppm uranium in basement, and 698ppm boron directly above the
Athabasca Unconformity at 413m. Anomalous geochemistry and proximity to the Harrison fault in a
corridor parallel to the A1 conductor make this grid a strong exploration target area.
Broach Property: PW Grid
41 line-km of MLTDEM ground geophysics covering a suspected conductive trend, approximately 12km
south of, and parallel to the JR Zone. This particular area of the Broach property hosts thick
discontinuous layers of conductive mudstones and these flat lying conductive units hampered the
effectiveness of a previously flown airborne EM (VTEMmax) survey flown in 2014. Ground based
geophysics is anticipated to effectively penetrate the conductive cover allowing for drill target generation.
Due to its location near the interpreted Athabasca Basin boundary and the historic difficulty of exploring
under conductive cover, this large area remains underexplored.
Sam Hartmann, Vice President Exploration, commented:
"We are excited with the prospect of upgrading the Broach and Minto properties to the drilling stage with
this round of ground EM, which we anticipate assisting in reducing broader airborne conductivity
responses to more precise conductor models for drill testing. At the A4 grid, where some historic ground
EM coverage prompted us to drill a single hole in 2014, this new ground EM will give us an improved
conductor model, in a strategic location near the projected confluence of the Harrison Fault with the A4
conductive corridor. At the PW grid, we are aiming to generate a conductivity model in an area where no
previous airborne EM conductors have been clearly identified, near the margins of the Athabasca Basin
in an area of very limited historical drilling. Identifying ground conductors near the present day margins of
the basin is something that we are specifically interested in. Additionally, recent re-modelling of historic
ground EM surveys south of Broach Lake has resulted in an additional target; the northeast trending
BRS conductor. This suspected structure sits along favorable MT conductivity, and we look forward to
upgrading the BRS conductor to the drilling stage as well with ground EM surveying."
Map 1. Broach and Minto Properties, 2025 Exploration
To view an enhanced version of this graphic, please visit:
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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 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. 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
Fission Uranium'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 Triple R and Arrow and poised to become the next major area of high grade uranium
operations in the world.
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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