F4 Uranium Corp. (TSXV: FFU) (the “Company” or “F4“) is pleased to announce it has commenced an airborne VTEMTMPlus survey at its Wales Lake Project in the western Athabasca Basin region of northern Saskatchewan and located approximately 20 km southwest of Paladin’s Triple R uranium deposit, and 28 km southwest of Nexgen Energy’s Arrow deposit.
Geotech Ltd. will conduct the survey totaling approximately 1,100line kilometers and aims to infill large gaps in the current VTEM coverage to define emergent trends observed near the margins of the existing data. This Infill and expansion VTEM at Wales Lake will provide full coverage over the Project, allowing for a comprehensive interpretation of all conductive packages. The property lies just southwest of multiple conductive corridors, including the Dirkson as well as the Saloon Trend, host to both Nexgen Energy’s PCE uranium occurrence and Paladin Energy’s recently discovered Saloon East (see Figure 1).
This survey is expected to create conductivity-based target areas for follow-up ground geophysics, as well as directly generate new drill targets – in addition to the existing drill ready targets.
Sam Hartmann P.Geo, President and COO, commented:
“Having just closed our initial flow through financing on June 19th we are kicking off our maiden exploration program with F4 Uranium on the Wales Lake Project. This 40,000 ha Project has only seen two previous diamond drillholes, both of which encountered favorable graphitic sheared rocks supported by encouraging geochemistry. This VTEM survey will give us complete airborne conductivity coverage over the entire Project, an important first step before more detailed ground geophysics and drilling. We look forward to providing updates on survey results, as well as announcing the initial drilling at Wales in the near future. Our technical team is looking forwards to advancing this Project.”
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