The new JR zone discovery is located ~25km northwest of the Patterson Lake area, host to Paladin Energy’s high-grade Triple R and NexGen’s Arrow uranium deposits, poised to become the next major area of uranium mine development in Canada. F3 Uranium currently has 3 properties in the southwest Athabasca Basin: PLN, Minto and Broach.
Discovery hole PLN22-035 in the JR Zone intersected extremely radioactive pitchblende, with a 15.0 m section averaging 6.97% U₃O₈, including 5.5 m at 18.6% U₃O₈ and an ultra-high-grade core of 1.0 m of 59.2% U₃O₈. Since then, the JR zone has been expanded to 156m along strike with a maximum recorded assay grade of 66.8% over 0.5m. The best hole drilled to date in terms of grade thickness at the JR Zone is drill hole PLN24-176, which returned a true width assay interval of 7.5m of 30.9% U₃O₈, including an ultra-high grade core of 4.5m of 50.1% U₃O₈.
750 – 1620 Dickson Avenue
Kelowna, BC, V1Y 9Y2, Canada
Email: info@f3uranium.com
Phone: (778) 484-8030
Toll Free: 1 (844) 484-8030
Suite 1735 – 555 Burrard Street
Vancouver, BC, V7X 1M9, Canada
100 University Ave, 9th Floor
Toronto, ON, M5J 2Y1, Canada
Subscribe to stay updated
Stay up to date on our exciting new discoveries, what’s going on in the uranium space, and new opportunities developing in the Athabasca Basin
Dev Randhawa is a seasoned CEO with extensive experience in resources, mining exploration, and energy companies. As the former CEO of Fission Uranium Corp., Mr. Randhawa, along with his technical team, led the high-grade uranium discovery at PLS in 2012. Recently, Paladin Energy made an offer of $1.1 billion to buy Fission Uranium.
In 1996, Dev founded Strathmore Minerals Corp., leading it until 2008. Mr. Randhawa spun off Fission Energy Corp. in 2007, focusing on uranium exploration in Saskatchewan. He sold major assets to Denison Mines in 2013 for $85 million, creating Fission Uranium Corp.
Dev has executed significant joint ventures, including a $50 million partnership with Sumitomo (Japan) and $44mil with KEPCO (Korea). In 2016, Dev negotiated an $82 million investment in Fission from CGN Mining. He holds a BBA from Trinity Western College and an MBA from the University of British Columbia.
