PLN Area Projects
PLN Project
Key Points of Interest
The JR Zone was discovered by F3 Uranium during a fall 2022 drilling program on the PLN property with drill hole PLN22-035, which intersected off-scale radioactivity (>65,535 cps) associated with massive uraninite mineralization within the A1 main shear zone. It assayed at 6.97% U3O8 over 15.0m, including 5.5m of 18.6% U3O8 1.0 m @ 59.2% U3O8 263.0 m to 264.0 m (Press Release). A 21-hole follow-up drill program was completed in winter 2023. PLN23-060 intersected one continuous 14.5m interval averaging 9.4% U3O8 including an ultra-high-grade 5.0m interval averaging 26.7% U3O8, which further includes a 2.5m interval which assayed 45.6% U3O8 (Press release). A 30 hole follow up program was started June 8th, 2023 (Press release) and has since further expanded the JR zone along strike and up-dip toward the Athabasca unconformity (Press release). The PLN property is 100% owned by F3 Uranium and located near the south-western edge of the Athabasca Basin.
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A new uranium discovery was made on November 20, 2022 at the A1 conductor in hole PLN22-035 (Press release). It is located approximately 25km NW of the Fission Uranium Corp. Triple R deposit and Nexgen’s Arrow uranium deposits, in the south-western edge of the Athabasca Basin which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. In early July 2023, F3 sub-divided the legacy PLN Property into 3 distinct properties; PLN, Minto, and Broach. The PLN project consists of 2 mineral claims covering a total of 4,078ha and is 100% owned by F3 Uranium Corp.
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In December 2007, a MEGATEM airborne magnetic and EM survey was completed over the southern half of the legacy PLN property. Results from this survey were compiled with earlier surveys, and new targets associated with a large, interpreted structure located along the flank of an electromagnetic anomaly were identified. During the 2007-2008 winter season, a 6-hole, 2,796m drill program to follow-up earlier drilling and test the new target area was completed.
During 2012 ground electromagnetic and resistivity surveys were performed to better delineate conductors interpreted from earlier airborne surveys, and to search for resistivity signatures that are associated with alteration in the subsurface. A summer prospecting and sampling program concentrated on ground and airborne electromagnetic conductors. A detailed airborne radiometric and magnetic survey covered areas of interest in the southern part of the legacy PLN property.
A 2014 winter exploration program budgeted at $1.0 million consisted of 7 drill holes totaling 1,988 metres, ground geophysical surveying and radon sampling. Drilling encountered a lithological setting with structural complexity similar to that of the primary conductor at Fission Uranium's PLS project.
A subsequent 2014 summer exploration program comprised 2,130m of drilling in six holes, along with 95.2 km of DC Resistivity surveying. Drill hole PLN14-019, targeting the A1 conductor, returned 0.047% U3O8 over 0.5m (Press release). During Nov 2014 a borehole EM survey confirmed an EM conductor off-hole of drill hole PLN14-020.
In fall 2022 drilling commenced for a small drill program targeting the A1 conductor. PLN22-035 intersected off-scale radioactivity (>65,535cps) discovering the JR zone. Since the fall of 2022 follow up drilling has expanded the JR zone discovery along a strike length of more than 156m (Press release).
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- PLN N.I. 43-101-compliant Tech Report - October 15, 2013 View pdf
Technical Report and Qualified Person: An independent N.I. 43-101 technical report for this property was prepared by GeoVector Management Inc., in October 2013. The technical information in this website has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Raymond Ashley, P.Geo., for F3 Uranium Corp., a Qualified Person.