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F3 (TSXV:FUU) hits uranium at its Patterson Lake North project

Market News, Mining
TSXV:FUU
06 February 2023 11:00 (EDT)

Source: F3 Uranium Corp.

F3 Uranium (FUU) has received the final uranium assay results from the JR Zone at its Patterson Lake North project.

The 20-hole winter 2023 drill program is underway, where drill hole PLN22-038 targeted up dip from hole PLN22-035 and returned an 11-metre interval averaging 4.20 per cent U3O8 including a high-grade 4.5-metre interval averaging 9.8 per cent U3O8, which includes the ultra-high-grade core which assayed 22.9 per cent over 1.5 metres.

Source: F3 Uranium Corp.

Raymond Ashley, Vice President of Exploration, commented on these results.

“Assay results from these remaining three mineralized drill holes continue to validate the high-grade nature of the JR Zone, situated within the A1 main shear zone. Strong results up-dip of the discovery hole, with PLN22-038 and PLN22-041 respectively, as well as along strike to the south with PLN22-040 substantiate the JR Zone, which is currently being further defined and expanded during the ongoing winter drill program.”

Source: F3 Uranium Corp.

The company’s 399 sq. km. 100 per cent owned Patterson Lake North property is located 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 deposit.

F3 Uranium (FUU) is a project generator, and exploration company focused on 16 projects in Saskatchewan’s Athabasca Basin.

F3 Uranium Corp. (FUU) was up 1.64 per cent, trading at C$0.31 per share as of 11 am ET.


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