Business
Kiplin Metals Reviews F3 Uranium Conductors Contiguous to its Cluff Lake Road ("CLR") Uranium Project, Saskatchewan
(TheNewswire) March 27, 2023 - TheNewswire - Kiplin Metals Inc. (TS...
About this update from Kiplin Metals Inc.
[{"type":"text","content":"Kiplin Metals Reviews F3 Uranium Conductors Contiguous to its Cluff Lake Road (\"CLR\") Uranium Project, Saskatchewan\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n March 27, 2023\n \n \n -\n \n \n TheNewswire -\n \n \n Kiplin\nMetals Inc.\n \n \n (TSX-V:KIP)\n \n \n (the “\n \n \n Company\n \n \n ” or\n“\n \n \n Kiplin\n \n \n ”)\n \n \n has completed a review of the\nelectromagnetic (“EM”) conductors on, and adjacent to, the\nCompany’s\n \n \n Cluff Lake Road (CLR) Uranium\nProject, located in northwestern Saskatchewan, which is surrounded by\nF3 (“F3”) Uranium Corp.’s (formerly Fission 3.0) high profile\n \n \n Paterson Lake North (“PLN”) Project.\n \n \n \n \n In November 2022 F3 discovered the “JR” high grade\nuranium zone, with recently reported intersections (F3 Press Release,\nFebruary 6, 2023) in drill hole PLN22-038 of 11.0 metres averaging\n4.20% U3O8, including a high-grade 4.5 metre interval averaging 9.8%\nU3O8. The “JR” uranium zone represents the newest, basement hosted\nuranium deposit in the Athabasca, similar to the Triple R uranium\ndeposit owned by Fission Uranium Corp.\n \n \n \n \n \n \n Airborne and ground electro-magnetic (“EM”)\ngeophysical surveys are an effective exploration tool for discovering\nbasement hosted uranium mineralization, in association with graphitic\nstructures and clay alteration. The F3 discovery of the JR Zone in\nhole PLN22-035 resulted from follow-up drilling on the “A1”\nconductor.\n \n \n \n \n \n \n The Company’s CLR project is approximately 15\nkilometres North-Northwest of the F3 JR Discovery Zone but is adjacent\nto F3’s\n \n \n North Conductor\nComplex\n \n \n . These conductors as indicated on the F3\nwebsite, trend South-Southeast and extend onto the Company’s CLR\nproperty. Drilling one hole (\n \n \n PLN22-29\n \n \n ) on the North Conductor Complex by F3\n(Press Release November 28, 2022) returned the following:\n \n \n \n \n \n \n “Drill hole PLN22-029, which was\nthe first test of the N conductor complex in the northeast part of the\nproperty, intersected highly elevated boron values over a 70 m\ninterval within Athabasca sandstone averaging 1,051 parts per million\...