PriceSensitive

F3 Uranium (TSXV:FUU) hits widest mineralized interval to date

Market News, Mining
TSXV:FUU
21 February 2023 09:30 (EDT)
F3 Uranium - President, Raymond Ashley.

Source: F3 Uranium.

F3 Uranium (FUU) has registered 57,100 cps over 0.5 m in its widest mineralized interval to date.

The result is selected from four additional holes of the ongoing 20-hole winter drill program at the JR Zone, Patterson Lake North Project, Saskatchewan. Three of the holes yielded high-grade intercepts.

Highlights:

PLN23-050: a record 21 m of mineralization from 248.5 m – 269.5 m, including 3.19 m of >10,000 cps radioactivity, with a peak of 57,100 cps over 0.50 m.

PLN23-052 (line 060S): 11 m of mineralization from 245 m – 256 m, including 1.70 m of >10,000 cps radioactivity, with a peak of 53,600 cps over 0.50 m.

PLN23-053 (line 030S): 9.5 m of mineralization from 245.5 m – 255 m, including 2.10 m of >10,000 cps radioactivity, with a peak of 48,100 cps over 0.50 m.

“We are continuing with disciplined step-out drilling and growing the JR Zone further along strike to the south, which has now been defined over a total length of 75 m to section line 060S, where PLS23-052 intersected high-grade mineralization with up to 53,600 cps,” stated Raymond Ashley, F3’s Vice President Exploration.

“Although PLS23-051 on section line 00SN tested the MSZ (Main Shear Zone, which hosts JR’s uranium) closer to the Athabasca Unconformity and did encounter radioactivity, we anticipate focusing the remaining winter program on basement-hosted mineralization.”

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

F3 Uranium (FUU) opened with a gain of 10.96 per cent, trading at $0.405 per share.


Related News