Business
F3 and Traction Begin Drilling to Locate Source of Radioactive Boulders
A sonic drill has arrived on site to complete a 2,000-metre program, searching for the source of ...
About this update from F3 Uranium Corp
[{"type":"text","content":"F3 and Traction Begin Drilling to Locate Source of Radioactive BouldersA sonic drill has arrived on site to complete a 2,000-metre program, searching for the source of the Isle Brochet radioactive boulders, grading up to 8.23% U3O8.Kelowna, British Columbia--(Newsfile Corp. - March 8, 2024) - F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) (\"F3\" or \"the Company\") is pleased to announce that the 2024 winter drill program at the Hearty Bay project is underway with the arrival of the Boart Longyear drill crew on site. The program is designed to find the source of glacially dispersed uraniferous boulders and anomalous till geochemistry samples on Isle Brochet. The glacially dispersed material in combination with the recently completed gravity survey provides new, reliable targets for the program that were not tested in previous and historic drill programs.A total of approximately 2,000 metres of drilling is planned using a Boart Longyear sonic drill that can recover and sample both overburden and bedrock. This is anticipated to trace anomalous overburden under the lake to the proposed source areas, which may be defined by one of the gravity low targets defined by this winter's survey (see Figure 1). The program should be completed by the end of March, dependant on ice conditions. Figure 1 Map Showing New Targets Up-Ice of the Isle Brochet Uranium Boulder Trains To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8110/200930_4c52026134f7b967_002full.jpgBoart Longyear is the drill contractor, geomorphology experts are provided by Palmer Geotechnical Consultants Inc., while F3 Uranium Corp is the program operator; technical guidance will be given by Rock U Consulting (Ken Wheatley), Technical Advisor to Traction Uranium.About Hearty Bay:The Hearty Bay property comprising 7 contiguous mineral claims with an area of 11,173 ha. is located on the north edge of the Athabasca Basin, 20 km west of the Fond-du-Lac uranium deposit and 60 km east of the Beaver Lodge uranium district. The property surrounds the historic Isle Brochet high grade boulder field, consisting of the Wolfe and Jackfish 1km long dispersal trains trending in a down-ice direction and containing reported historic assay values up to 3.54% uranium. Approximately 600m to the northeast of the lake bottom a group of radioactive ...