F3 Uranium (TSV:FUU; OTCQB:FUUFF) announced final results from the nine remaining drill holes of the 21 hole winter 2023 program at the JR zone on the Patterson Lake North (PLN) property, located on the southwest rim of the Athabasca Basin in northern Saskatchewan.
The analysis for PLN23-061, cored 75 metres south from the discovery hole, returned one continuous 12.5-metre interval averaging 4.6% uranium oxide (U3O8), including a high-grade 5.0-metre interval averaging almost 11% U3O8, which further includes a 3-metre interval which assayed 16% U3O8.
Other notable holes include:
Planning is in progress for a $12-million summer exploration program, scheduled to commence early June, to continue JR zone expansion. Work will also be conducted along the A1 Main Shear zone where previous drilling in 2014 and 2019 intersected the same structure as what is interpreted to be hosting the JR zone.
PLN is a 39,946-hectare, 100% owned property that is located just within the south-western edge of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade uranium deposits, an area which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR zone uranium discovery is located 23 km northwest of Fission Uranium's Triple R deposit.
To learn more, visit www.F3Uranium.com.