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Canadian uranium miner mobilizes for summer drilling

Market News, Mining
TSXV:FUU
06 June 2023 09:15 (EDT)

Source: F3 Uranium.

Canadian uranium miner F3 Uranium has mobilized for summer drilling at its 100-per-cent owned PLN project.

The property is located in Saskatchewan in the southwestern Athabasca Basin in proximity to Fission Uranium’s Triple R and NexGen Energy’s Arrow high-grade uranium deposits.

The fully funded 30-hole program will begin this weekend with a focus on expanding on winter drill results at the JR Zone.

The discovery hole at JR in November 2022 intersected a 15 m interval averaging 6.97 per cent U3O8, including a high-grade 5.5 m interval averaging 18.6 per cent U3O8.

A 21-hole follow-up winter drilling program expanded JR to a strike length of 105 m, with hole PLN23-060, cored 60 m south from the discovery hole, intercepting a 14.5 m interval averaging 9.4 per cent U3O8, including an ultra-high-grade 5 m interval averaging 26.7 per cent U3O8.

F3 Uranium is a Canadian uranium miner focused on 16 projects in the Athabasca Basin, home to some of the world’s largest high-grade uranium discoveries.

F3 Uranium (TSXV:FUU) last traded at $0.32 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


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