Patterson Lake Area Projects

Broach

key highlights

Location, scale, and access

Broach is south of the JR zone discovery. On January 22, 2024, F3 Uranium acquired CanAlaska Uranium Ltd.’s Patterson West property, merging it with the Broach Lake Property. This area, with 17 mineral claims over 19,023 hectares, is near Highway 955 at the edge of the Athabasca basin.

Geophysics and drilling

In 2022, geophysics revealed several untested high-priority conductors. Winter drilling found significant dravite, indicating potential uranium deposits. Yet, multiple targets on the Broach Lake property remain unexplored.

New approach

F3 reorganized the PLN Property into PLN, Minto, and Broach in July 2023. This move aims to thoroughly explore each property’s potential, highlighting F3 Uranium’s strategic exploration efforts.

Multiple High Priority Targets

The property is located 5km south of the JR zone and 22km north of Fission Uranium Triple R deposit. The property sits along the estimated Athabasca basin boundary.

Geophysics has identified multiple high priority conductor targets under Broach Lake, some of which remain untested.

Winter 2022 drilling on the broach lake property intersected anomalies radioactivity up to 510cps in hole PLN23-031 and geochemistry returned anomalous boron values up to 900ppm (PLN22-033). Both drilled on the north end of broach lake.

Maps

CHAIRMAN

Dev Randhawa, MBA

 

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.