| Announcement Date: | 2023-05-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | F3 Uranium Corp. |
| Project name: | PLN |
| Location: | Canada |
| Commodities: | Uranium |
| Highlight: | Drilling results incl. 12.5m at 4.6% U3O8 from 246.5m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Kelowna, British Columbia–(Newsfile Corp. – May 15, 2023) – F3 UraniumCorp (TSV: FUU) (OTCQB: FUUFF) (“F3” or “the Company”) is pleased to announce final results from the 9 remaining drill holes of the 21 hole Winter 2023 program, including drill hole PLN23-061, drilled at the JR Zone on the Patterson Lake North (PLN) property. The analysis for PLN23-061, cored 75m grid south from the discovery hole, returned one continuous 12.5minterval averaging 4.6% U3O8, including a highgrade 5.0minterval 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 program, 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. The work permits for the program have been received from the Saskatchewan Ministry of Environment. |
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