F3 Uranium Corp (TSV: FUU) has received positive final results from the nine remaining drill holes of the 21 hole Winter 2023 programme in Saskatchewan, Canada.
The analysis for hole PLN23-061, cored 75m grid south from the discovery hole, returned one continuous 12.5m interval averaging 4.6% U3O8, including a high-grade 5.0m interval averaging 10.9% U3O8, which further includes a 3.0m interval which assayed 16.1% U3O8.
Planning is in progress for a $12M summer exploration programme, scheduled to commence early June, to continue JR Zone expansion, in addition to exploration along the A1 Main Shear Zone where previous drilling in 2014 and 2019 intersected the same structure as what is interpreted to be hosting the JR Zone.
“This final release of assays from the Winter 2023 programme at PLN confirms the previously reported scintillometer results that drill holes PLN23-061 and PLN23-062 that were cored furthest to the south from the discovery hole, 75m and 90m respectively, intersected the ultra-high-grade core with individual samples returning in excess of 20.0% U3O8,” the company’s President, Raymond Ashley, said.
“The JR Zone has now been defined over a total strike length of 105m and the upcoming summer program will aim to extend the zone in particular to the south, where assays from drill holes PLN23-060, 061 and 062 have shown that mineralization continues along strike, and up-dip towards the Athabasca Unconformity.
The Patterson Lake North property (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 uranium deposits, an area which is poised to become the next major area of development for new uranium operations in northern Saskatchewan.
For further information please visit: https://f3uranium.com/
