Engaged SLR for Mineral Resource Estimate
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) (“F3” or “the Company“) is pleased to announce the final assay results of 2024 JR Zone drilling including drillhole PLN24-184 (See NR October 29, 2024) which returned 13.0m of 3.2% U3O8, including a high grade core with 2.5m of 13.7% U3O8. Exploration geochemical results are highlighted by PLN24-187 which targeted and intersected the A1 Extension 3.2km along strike from JR Zone, an interpreted continuation of the A1 Main Shear on the southeast side of the Harrison Fault and which intersected strongly elevated uranium values averaging 70ppm over 8.5m, with a peak of 244ppm at 549.0m.
Elevated uranium values of 111ppm U over 5.5m between 193.5 – 199.0m in PLN14-019 helped prioritize the A1 conductor which hosts the JR Zone. Continued anomalous intersects across the Harrison fault, A1 Extension and B1 areas highlight the complex geologic and structural setting which still hosts numerous high priority untested targets.
F3 is also pleased to announce the engagement of SLR International Corporation (“SLR”) to complete the maiden resource estimate for the Company. SLR brings deep familiarity with basement hosted uranium deposit modeling and resource estimation and is qualified to prepare a NI 43-101 Technical Report on the Patterson Lake North Project, targeted for completion in Q4 2025.
2024 JR Zone Highlights:
PLN24-184 (line 105S):
- 13.0m @ 3.2% U3O8 (228.5m to 241.5m), including:
- 2.5 @ 13.7% U3O8 (238.0m to 240.5m), further including:
- 0.5m @ 26.3% U3O8 (238.5m to 239.0m)
PLN24-185 (line 025S):
- 11.5m @ 2.7% U3O8 (219.5m to 231.0m), including:
- 3.5m @ 8.2% U3O8 (222.5m to 226.0m), further including:
- 1.0m @ 17.7% U3O8 (223.0m to 224.0m)
2024 Exploration Highlights:
PLN24-178 (line 2535S):
- 2.0m @ 94ppm U (446.5m to 448.5m), including:
- 0.5m @ 128ppm U (446.5m to 447.0m)
PLN24-179 (line 4245S):
- 0.5m @ 119ppm U (426.0m to 426.5m)
PLN24-187 (line 3240S):
- 8.5m @ 70ppm U (545.0m to 553.5m), including:
- 1.5m @ 198ppm U (549.0m to 550.5m), including:
- 0.5m @ 244ppm U (549.0m to 549.5m)
Sam Hartmann, Vice President Exploration, commented:
“F3 Uranium is pleased to report the completion of the 2024 assay results for the JR Zone drilling program. These results will be integrated into our dataset to support the maiden mineral resource estimate, targeted for completion in Q4 2025. This milestone represents a significant achievement for F3 Uranium, advancing the JR Zone from discovery to a defined resource. During this time, we will continue drilling at our new discovery – the Tetra Zone just 12km to the south.”
Table 1. Drill Hole Summary and Uranium Assay Results
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