Welcome to our dedicated page for F3 Uranium news (Ticker: FUUFF), a resource for investors and traders seeking the latest updates and insights on F3 Uranium stock.
F3 Uranium Corp (FUUFF) delivers focused uranium exploration updates from the Athabasca Basin, one of the world’s most prolific regions for high-grade discoveries. This hub provides investors and industry observers with verified news about drilling programs, geophysical survey results, and strategic developments.
Access timely updates on key operational milestones including drilling outcomes, joint venture announcements, and technical advancements in uranium target identification. Our curated feed ensures transparent tracking of the company’s project pipeline and exploration methodologies like time domain electromagnetic surveys.
Discover comprehensive coverage of resource estimates, management insights, and regulatory filings. All content undergoes strict verification to maintain factual reporting standards aligned with financial disclosure requirements.
Bookmark this page for centralized access to F3 Uranium’s evolving exploration narrative. Regular updates provide critical insights into basement-hosted uranium targets and strategic positioning within competitive mining jurisdictions.
F3 Uranium Corp (OTCQB: FUUFF) has announced a debt settlement arrangement with Denison Mines Corp related to their October 2023 financing agreement. The company will settle a portion of the interest owed through a combination of cash payment ($225,000) and 562,500 common shares at $0.200 per share.
The underlying debenture carries a 9% coupon, payable quarterly, maturing on October 18, 2028. It is convertible at Denison's option into common shares at $0.56 per share. F3 maintains the discretion to pay up to one-third of the interest in common shares, priced at the 20-day volume-weighted average trading price on the TSX-V.
The shares issued in the debt settlement will be subject to a four-month statutory hold period in Canada and require TSX-V approval.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced significant findings from its winter drilling programs at the PLN and Broach Properties. At the JR Zone, drillhole PLN25-200 revealed mineralization over 20.0m, including 2.25m of high-grade radioactivity with 0.68m of off-scale readings exceeding 65,535 cps.
In a notable development, the newly identified 'PW Area' at Broach Lake, located 12km south of JR Zone, showed promise with drillhole PLN25-202 encountering six distinct zones of anomalous radioactivity, with readings between 300-720 cps across a 90m downhole interval. The area, previously underexplored due to thick conductive Cretaceous mudstone layers, was successfully surveyed using MLTDEM ground survey technology.
The company plans to conduct follow-up drilling in the PW Area with an adjusted approach, stepping back approximately 100 meters to better intersect the refined target within a distinct circular gravity anomaly, before returning focus to the JR Zone.
F3 Uranium Corp (TSXV: FUU) has announced its participation in a live virtual corporate update hosted by Red Cloud Financial Services, scheduled for February 25th, 2025 at 2:00 PM ET. The presentation will include a Q&A session and will focus on the company's Patterson Lake North Uranium Project in the Athabasca Basin. The event will be available for replay through Red Cloud's website, and registrants will receive the recording via email after the presentation.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced its participation in the upcoming Red Cloud Uranium Webinar scheduled for February 25, 2025, at 2:00 PM EST. The presentation will feature Chairman & CEO Dev Randhawa and President Raymond Ashley, P.Geo., who will provide detailed insights into the company's flagship Patterson Lake North (PLN) Uranium Project located in the Athabasca Basin.
The webinar is open to individual and institutional investors, advisors, and analysts, offering an opportunity to learn about the high-grade uranium project's advancement. Interested participants can access the event through the provided Red Cloud webinar link.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has completed its 2024 drilling program with encouraging geological findings in the final eight drill holes. The program focused on the B1 conductor, A1 extension, and Harrison Fault area.
Key findings include strong bleaching, clay, and hematite alteration in the B1 conductor area, with hole PLN24-190 showing radioactivity up to 420cps. The A1 extension drilling revealed a strongly hematite, clay, and sericite-rich fault zone, extending the zone 620m south of Harrison Fault. In the Harrison Fault area, drilling encountered strong graphite and sulphide alteration.
Geochemistry and assay results from 25 drill holes from the 2024 JR Zone and exploration drilling are pending and will be incorporated into 2025 drill planning.
F3 Uranium Corp (FUUFF) has initiated ground geophysical exploration programs at its Broach and Minto Properties. The company will conduct 55 line km of Moving Loop TDEM ground EM across two grids testing conductive corridors identified by previous airborne surveys. These corridors run parallel to the A1 conductor system hosting the high-grade JR Zone on the PLN property.
The Minto Property's A4 Grid will undergo 14 line-km of MLTDEM ground geophysics, testing a 7,200m long conductive corridor. A previous 2014 drill hole in this area showed uranium (44ppm) in basement and boron (698ppm) above the Athabasca Unconformity. The Broach Property's PW Grid will see 41 line-km of MLTDEM ground geophysics, exploring a conductive trend approximately 12km south of the JR Zone.
F3 Uranium Corp has initiated its $6 million 2025 winter exploration drilling program at the PLN Project. The program focuses on expanding the JR Zone, where previous drilling (PLN24-176) yielded impressive results of 7.5m of 30.9% U3O8, including 4.5m of 50.1% U3O8. Additionally, exploration drilling will target a potential new mineralization zone along the A1 structure near PLN24-152, located 2,800m south of the JR Zone, where previous drilling showed a 7m mineralized interval with up to 0.051% U3O8.
The company employs a unique drilling methodology using a sonic rig for pre-casing followed by diamond drilling. Currently awaiting assay results from 25 drill holes from the 2024 season, which will guide further exploration planning. Samples are standardized at 0.5m intervals and analyzed at SRC Geoanalytical Laboratories for a 63-element suite including uranium, boron, and gold.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced the appointment of Rebecca Greco to its Board of Directors. Greco brings over 15 years of experience in corporate communications, having worked with both private and public companies across resource, technology, and aerospace sectors in Canada and the UK. Her expertise includes managing rebranding campaigns, providing strategic leadership, publishing subscription-based research, and leading global investor relations programs. CEO Dev Randhawa expressed enthusiasm about the appointment, highlighting Greco's extensive knowledge in communications and resource sectors as valuable additions to the board and management team.
F3 Uranium Corp has announced significant drill results from their PLN Property's JR Zone. Drillhole PLN24-176 yielded exceptional uranium mineralization, returning 7.5m of 30.9% U3O8, including an ultra-high grade core of 4.5m at 50.1% U3O8. The mineralization was found at a shallow vertical depth of 190m below surface. The hole was positioned 14m up-dip of PLN24-137, which previously returned 15.0m of 3.2% U3O8. These results highlight the importance of tightly spaced drilling in high-grade basement hosted structurally controlled uranium deposits.
F3 Uranium Corp has completed its previously announced 'bought deal' private placement, raising C$8 million in gross proceeds. The offering included 7.5 million federal flow-through units at C$0.375 per unit and 12.5 million Saskatchewan flow-through units at C$0.415 per unit. Each unit consists of one flow-through common share and half a warrant, with each whole warrant exercisable at C$0.40 until October 31, 2026. The proceeds will fund exploration of the company's projects in the Athabasca Basin. Red Cloud Securities led the underwriting syndicate, receiving C$431,860 in cash commission and 1,079,650 broker warrants.
FAQ
What is the current stock price of F3 Uranium (FUUFF)?
What is the market cap of F3 Uranium (FUUFF)?
