JV Article: F3 advances Athabasca’s latest uranium find

F3 Uranium’s president, Raymond Ashley, at the discovery hole at the PLN project in Saskatchewan. Credit: F3 Uranium F3 Uranium (TSX: FUU) has made the latest high-grade uranium discovery in Canada’s prolific Athabasca Basin.

The company struck paydirt last November when it drilled an intersection of 15 metres grading 6.97% U 3 O 8 on the JR Zone of its PLN property on the western part of the basin.

Since then, the project’s potential has only got bigger. Combined with a rally in uranium prices since early 2022, the discovery has turned F3 into one of the best-performing stocks of the Toronto Stock Exchange over the last year.

But given the size of its discovery compared to other deposits in the region, F3 is hopeful that this is just the beginning.Located in northern Saskatchewan, the Athabasca basin is known around the world for its high-grade uranium resources. Mines in the region account […]

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