![]() ![]() ![]() The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade, and greater than 65,000 cps as off-scale. For context, natural gamma radiation in the drill core was measured in Counts Per Second (“cps”) using a handheld Radiation Solutions RS-125 scintillometer. Once again the stock got a decent boost, tacking on another 23% gain. A few days later the Company followed up with news regarding the first follow-up drill hole of the new high-grade discovery on the A1 conductor which intersected 3.48 m of total composite mineralization with greater than 10,000 cps including 2.5 m of total off-scale radioactivity (>65,535 cps). The above results led to a massive 190% rise in F3’s share price over the next 4 trading days. The Company’s large 39,946-hectare PLN property is located just within the south-western edge of the Athabasca Basin and in proximity to Fission Uranium Corp.’s (TSX: FCU | OTCQX: FCUUF) Triple R and NexGen Energy Ltd.’s (TSX: NXE | NYSE: NXE | ASX: NXG) Arrow high-grade world-class uranium deposits which are poised to become the next major area of development for new uranium operations in northern Saskatchewan. The momentum began in November 2022 when F3 announced it had intersected extremely radioactive and off-scale (>65,000 Counts Per Second (“cps”)) mineralization in a new uranium discovery at the start of its fall drill program on its 100% owned Patterson Lake North (“PLN”) project in the southwest Athabasca Basin region of Saskatchewan, Canada. It seems they are on quite a roll over the last several months, with almost every time the Company announces some drill results, the stock sees a decent little pop. (TSXV: FUU | OTCQB: FUUFF) (formerly Fission 3.0 Corp). One company repeatedly celebrating Christmas morning is F3 Uranium Corp. But because it’s not easy, we all get the opportunity to potentially celebrate Christmas morning over and over again. That’s because if it were easy, then the world would have as much of every commodity as it wanted and you wouldn’t need exploration companies, you’d just have mining companies. However, for the most part, when these results are press released they are often either average, unimpressive, or even disappointing. In this case, exploration companies are unwrapping the mysteries of what lies beneath the earth’s surface. It’s almost like waiting for Christmas so you can see what’s in all those lovely, wrapped presents under the tree. ![]() I’ve mentioned this repeatedly, I love it when a junior mining company has plenty of drill results pending. ![]()
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