F3 Uranium’s fall 2022 drilling program on the PLN property, particularly with drill hole PLN22-035, revealed off-scale radioactivity (>65,535 cps) and significant uraninite mineralization within the A1 main shear zone, including exceptionally high assays of U3O8.
Following the initial discovery, a 21-hole drilling program in winter 2023 expanded the JR Zone’s strike length to 105m. This was further complemented by a 30-hole summer drilling program aimed at extending the understanding and scope of the uranium mineralization.
In early July, F3 Uranium redefined the boundaries of the PLN Property, splitting it into three distinct areas: PLN, Minto, and Broach. The restructuring focuses the PLN Property on the northern halves of two critical mineral claims, totaling 4,074 hectares, which include the entire 3.6 km-long A1 Main Shear Zone hosting the JR Zone, underscoring its significance and potential for further uranium discoveries.
Legal | ©2024 F4 Uranium Corp.
Subscribe to stay updated
Stay up to date on our exciting new discoveries, what’s going on in the uranium space, and new opportunities developing in the Athabasca Basin
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.
