F3 Uranium drills 20.6% U3O8 over 2 metres, finds anomalous boron at Patterson Lake North

Bonanza-grade uranium is not the only thing F3 Uranium (TSXV: FUU; OTCQB: FUUFF) is finding at its Patterson Lake North (PLN) project. […]
Reid Stanger logging core at the PLN project. Credit: F3 Uranium

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Bonanza-grade uranium is not the only thing F3 Uranium (TSXV: FUU; OTCQB: FUUFF) is finding at its Patterson Lake North (PLN) project. Hole PLN23-086 returned 20.6% uranium oxide (U3O8) over 2 metres within a 5.5-metre intercept that graded 7.56% U3O8 from the JR zone. Within the ultra-high-grade portion there was also an 0.5-metre intersection that assayed 35.7% U3O8.

Hole PLN232-093 encountered a 2-metre interval averaging 5,550 ppm boron in highly altered Athabasca sandstone about 17 metres from the unconformity along the A1B shear. Boron values above 5,000 ppm have previously only been found within the sandstone immediately above the JR zone, 3.5 km away, said VP exploration Sam Hartmann.

F3’s PLN property is located within the southwestern edge of the Athabasca Basin, close to Fission Uranium’s Triple R and NexGen Energy’s Arrow uranium deposits. The JR zone is 23 km northwest of the Triple R deposit.

Other highlights from the main JR zone drilling include:

  • Hole PLN23-804: 12.5 metres at 0.39% U3O8, including 1 metre at 2.22% U3O8.
  • Hole PLN23-090: 10 metres at 1,29% U3O8, including 2.5 metres at 4.33% U3O8.
  • Hole PLN23-097: 13 metres at 1.34$ U3O8, including 4.5 metres at 3.52% U3O8.

Other uranium results from the A1B area, since renamed B1 area, include:

  • Hole PLN23-095: 24.5 metres at 25 ppm U3O8 in the basement, including 3.5 metres at 41 ppm U3O8, further including 0.5 metre at 58 ppm U3O8.

Further details of the PLN project can be found on www.F3Uranium.com.

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