Energy & Critical Metals
F3 Uranium Hits 57,100 cps In Latest Drilling At Patterson Lake North
F3 Uranium (TSXV: FUU), whom was formerly known as Fission 3.0, started the trading week off by releasing further results
The post F3 Uranium Hits 57,100…
F3 Uranium (TSXV: FUU), whom was formerly known as Fission 3.0, started the trading week off by releasing further results from its ongoing 20-hole drill program at the Patterson Lake North property, where the company is in search of uranium.
A total of four drill hole results were released this morning, with the results coming from the JR Zone. The company is said to have intersected its largest interval to date in terms of scintillometer readings in hole PLN23-050, which was designed as a step-out to a previously drilled hole. Highlights from the results include:
- PLN23-050: 21.0 metres of mineralization beginning at a depth of 248.5 metres, including 3.19 metres of over 10,000 cps, peaking at 57,100 cps over 0.50 metres
- PLN23-051: 1.0 metre of mineralization from 204.5 metres
- PLN23-052: 11.0 metres of mineralization from 234.0 metres, including 1.70 metres of over 10,000 cps, peaking at 53,600 cps over 0.50 metes
- PLN23-053: 9.5 metres of mineralization from 245.5 metres, including 2.10 metres over 10,000 cps, peaking at 48,100 cps over 0.50 metres
The gamma radiation figure, recorded in counts per second, are said to have come from a handheld scintillometer. Core from drilling is now slated to be sent off to the lab for lithogeochemical analysis.
READ: Fission 3.0 To Raise $5.0 Million Via Bought Deal Financing After Recent Uranium Discovery
“We are continuing with disciplined step out drilling and growing the JR Zone further along strike to the south, which has now been defined over a total length of 75 meters to section line 060S where PLS23-052 intersected high grade mineralization with up to 53,600 cps. .. The JR Zone continues to impress with high grade intercepts as we define it along strike while also building some width with infill drill holes,” commented Raymond Ashley, VP of Exploration for F3 Uranium.
Mineralization at the JR zone is said to remain open in all directions.
F3 Uranium last traded at $0.365 on the TSX Venture.
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