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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.


TSXV:FUU - Post by User

Post by Varaderoon Feb 04, 2024 8:14pm
169 Views
Post# 35862252

Professor John Quakes

Professor John Quakes
With construction starting on another new #Nuclear reactor in #Egypt upwardly revised WNA data shows 436 operable reactors (392GW) 62 under construction (69GW) 114 ordered/planned (112GW)+ 326 more proposed (363GW) all requiring #Uranium fuel. Of the 62 new #Nuclear reactors under construction the WNA estimates 24 will come online by the end of 2025 but more importantly given that new reactors require loading about 3 years worth of #Uranium fuel3 which is usually ordered at least 3 years prior to start-up the operators of the 20 new reactors to start up in 2027/2028 need to order mined #U3O8 now so it can be converted, enriched and fabricated into fuel rods ready for loading by the projected start-up date. For a quick estimate U can use 500K lbs #U3O8 per year per 1000MW so a 1200MW unit starting in 2027 will need roughly (1200MW/1000MW) X 500K lbs x 3 = 1.8 Million lbs #U3O8 ordered this year. For homework U can work out the total additional demand this adds in the immediate term for those 20 reactors starting up in 2027/2028. world-nuclear.org/information-li

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