F3 Uranium Hits 57,100 cps In Latest Drilling At Patterson Lake North
F3 Uranium (TSXV: FUU)formerly known as Fission 3.0, began the trading week by releasing additional results from its ongoing 20-hole drill program on the Patterson Lake North property where the Company is prospecting for uranium.
A total of four drill hole results were released this morning with the results being from the JR zone. The Company reportedly 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 of the results include:
- PLN23-050: 21.0 meters of mineralization starting at a depth of 248.5 meters including 3.19 meters of over 10,000 cps with a maximum of 57,100 cps over 0.50 meter
- PLN23-051: 1.0 meter of mineralization from 204.5 meters
- PLN23-052: 11.0 meters of mineralization from 234.0 meters including 1.70 meters over 10,000 cps with a high of 53,600 cps over 0.50 meters
- PLN23-053: 9.5 meters of mineralization from 245.5 meters including 2.10 meters over 10,000 cps with a peak of 48,100 cps over 0.50 meter
The gamma ray count, recorded in counts per second, is said to be from a hand-held scintillometer. Drill core is now to be sent to the laboratory for lithogeochemical analysis.
READ: Fission 3.0 raises $5.0 million in purchased transaction financing following recent uranium discovery
“We are continuing disciplined step-out drilling and further extending the JR Zone 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 up to 53,600 cps. .. The JR Zone continues to impress with high-grade intercepts as we define it along strike while building some width with infill drill holescommented Raymond Ashley, VP of Exploration at F3 Uranium.
Mineralization at the JR Zone is expected to remain open in all directions.
F3 Uranium was last traded on the TSX Venture at $0.365.
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