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F3 Hits Anomalous Radioactivity on A1B Shear 2.6km South of JR Zone
Off-Scale Mineralization at JR Zone Extended 25m Southward Kelowna, British Columbia--(Newsfile ...
About this update from F3 Uranium Corp
[{"type":"text","content":"F3 Hits Anomalous Radioactivity on A1B Shear 2.6km South of JR ZoneOff-Scale Mineralization at JR Zone Extended 25m SouthwardKelowna, British Columbia--(Newsfile Corp. - September 14, 2023) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUF) (\"F3\" or \"the Company\") is pleased to announce results from thirteen holes of the ongoing summer drill program on the Patterson Lake North (\"PLN\") Property, including PLN23-095 2.6km south of the JR Zone testing the recently discovered A1B Shear Zone, which intersected anomalous radioactivity. Additionally, PLN23-093 was drilled 840m further to the south along strike and intersected intense alteration and dissolution in the sandstone and strongly deformed and clay altered basement rocks. Concurrently at the JR Zone, PLN23-090 extended off-scale mineralization by 25m towards the south from PLN23-062 (see NR May 15, 2023). Drill hole PLN23-090 on line 120S intersected mineralization over a 14.0m interval, including 1.65m of high grade (>10,000 cps), of which 0.50m was off-scale radioactivity (>65,535 cps) between 240.00 and 240.50m. PLN23-097 on line 045S intersected mineralization over an 11.0m interval, including 2.69m of high grade (>10,000 cps), of which 0.25m was off-scale radioactivity (>65,535 cps) between 219.75m and 220.00m, resulting in a high grade dip extent of 52m on line 045S. JR Zone drilling, as well as exploration drilling, continues with two diamond drills and one sonic drill. As a result of the recently over-subscribed private placement, grossing aggregate proceeds of C$20 Million in flow through funds (see NR September 12, 2023), and strong drilling results, the summer drill program will be further extended into late fall and consist of up to 54 drill holes totaling approximately 20,000m.Raymond Ashley, President, commented:\"As the summer drilling program transitions into an expanded fall program, we are starting to focus on exploration drilling, with the goal of characterizing areas for more detailed follow-up drilling during 2024. The A1B EM conductor was first confirmed to correspond to a major shear zone with PLN23-078 (see NR August 14, 2023); PLN23-095 was drilled as a follow up, testing both the A1 and A1B shear zones on section. This resulted in the intersection of several additional shears ranging in thickness from 5 to 10 meters both between the A1 and ...