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F3 Uranium Corp V.FUU

Alternate Symbol(s):  FUUFF

F3 Uranium Corp. is a uranium exploration company. The Company is advancing its newly discovered high-grade JR Zone and exploring additional mineralized zones on its 100%-owned Patterson Lake North (PLN) Project in the southwest Athabasca Basin. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR Zone discovery is located over 25 kilometers (km) northwest of Fission Uranium’s Triple R and NexGen Energy’s Arrow high-grade uranium deposits. The PLN project comprises the PLN, Minto and Broach properties. The PLN property is located near the south-western edge of the Athabasca Basin. The PLN project consists of two mineral claims covering a total of 4,074 hectares. The Minto Property is located directly north of the JR zone discovery and 28km south of the Shea Creek deposit. The Broach property is located five km south of the JR zone and 22km north of Fission Uranium Triple R deposit. The property sits along the estimated Athabasca basin boundary.
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TSXV:FUU - Post by User

Post by VbayNo2on Nov 23, 2022 10:56am
106 Views
Post# 35121845

CRS πŸŽ…πŸΌπŸŽ„πŸŽ NEVADA

CRS πŸŽ…πŸΌπŸŽ„πŸŽ NEVADA

ART is READY for Explosive UPSIDE

CRS.c News Elk County NEVADA 

nice News....in Middle of $0.15 PP

Crestview Exploration Inc
Symbol CRS
Shares Issued 22,816,498
Close 2022-11-03 C$ 0.11
Recent Sedar Documents  


 
 

 

 

Crestview Exploration Announces Claim Expansion at the Falcon and Divide Properties in Elko County, Nevada, and Reports Historic Results from the Falcon Mine

 

2022-11-22 09:30 ET - News Release

 

(via TheNewswire)

Crestview Exploration Inc.
 

Calgary, Canada – TheNewswire - November 22, 2022 – Crestview Exploration Inc. ( CSE:CRS ) , ( Frankfurt:CE7 ) (“Crestview” or “the Company”) is pleased to announce a significant expansion of 64 additional unpatented lode mining claims to their claim position in the Tuscarora Mountains of Elko County, Nevada, infilling the gaps between the proximal Rock Creek, Falcon, and Divide properties and bringing the total land position between the three to 260 claims covering an approximate 2,009 hectares or 4,965 acres (see Map 1 below; inset shows previous boundary). 

Map 1 


Click Image To View Full Size 

 

The company added an additional forty-three claims to the Divide property, primarily expanding the position west closing most of the gap with Rock Creek. An additional twenty-one claims were staked at the Falcon property, primarily expanding to the north and covering all available ground between the Falcon and Rock Creek properties. This land expansion represents a significant step toward consolidating the position, and puts the company in a strong position for making a large discovery. 

The Company has also completed an initial review of historic data received as a result of the Falcon property acquisition (News Release dated September 9, 2022) and will be posting the source material to the company website at  https://crestviewexploration.com/ . The material includes (presumed) ore shipments from the 1930’s (when the mine was active), sampling of the historic workings in the 1960’s and 1970’s, and bulk assays from (presumed) prospect pits. *Note to reader: most of this historic material lacks sufficient context to be interpreted with any level of confidence, and none of the data generated historically was 43-101 compliant as the data predates the practice. Crestview plans to conduct its own sampling program(s) in the coming field season, the first phase of which is designed and ready to commence as soon as conditions permit. 

Among this material was a 1979 report outlining an in-depth sampling program within the historic workings of the Falcon mine. The sampling program was described as continuous chip and channel samples, and includes geological and location descriptions. The results include twenty-four of the thirty-three samples measuring greater than 1 opt Ag, fifteen samples greater than 5 opt Ag, and six samples greater than 25 opt Ag. See summary Table 1 of the program below. 

VP Exploration Justin Lowe remarked “the Falcon historic material included a lot of intriguing data, but the 1979 sampling program carried out by Ag Au Exploration is especially compelling. The continuous true-width sampling program may be indicative both of the grades associated with the Falcon mine, and that high-grade ore was left in the mine.” 

Table 1


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