Business
SKRR Exploration Inc. Announces Letter of Intent with F3 Uranium Corp. for the Clearwater West Project, Saskatchewan
SKRR Exploration Inc. Announces Letter of Intent with F3 Uranium Corp. for the Clearwater West Pr...

About this update from Skrr Exploration, Inc.
[{"type":"text","content":"\n \n \n \n SKRR Exploration Inc. Announces Letter of Intent with F3 Uranium Corp. for the Clearwater West Project, Saskatchewan\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n April 10, 2023\n \n \n /CNW/ - SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (\"\n \n SKRR\n \n \" or the \"\n \n Company\n \n \") is pleased to announce it has entered into a letter of intent (\"\n \n LOI\n \n \") with F3 Uranium Corp. (the \"\n \n F3\n \n \"), whereby SKRR and F3 will negotiate and settle the terms of a definitive option agreement (the \"\n \n Option Agreement\n \n \") that will provide SKRR with an option to acquire up to a 70% interest in F3's right, title and interest in and to the mineral claims compromising the mineral exploration project known as the \"Clearwater West Project\", located in\n \n Saskatchewan\n \n (the \"\n \n Transaction\n \n \").\n \n \n \n \n \n \n \n \n \n The Clearwater West Project is located ~20km outside the edge and in the south-west area of the\n \n Athabasca\n \n Basin, which is poised to become the next area for the development of major uranium mines in\n \n Saskatchewan\n \n . It is 13km south of Fission Uranium's Triple R deposit, located 7 km outside the basin edge on its PLS Property, where a Feasibility Study was recently completed, and 17 km south of NexGen's Arrow uranium deposit. The Clearwater West property is comprised of 3 contiguous mineral claims totaling 11,786 hectares which are immediately south and adjacent to Fission Uranium's PLS property. SKRR cautions that past results or discoveries on proximate lands are not necessarily indicative of the results that may be achieved on the Clearwater West Project.\n \n \n \n Sherman Dahl\n \n , CEO of SKRR, commented:\n \n \n \n \"We are very excited to not only work with F3 and their outstanding team, but also to have an opportunity to acquire a majority stake in an attractive property in the\n \n Athabasca\n \n Basin ...