PLN

'Multi-Energy ORLEN. The Company's Growth from 2016 to 2023' - how ORLEN made it to the top

Retrieved on: 
Thursday, February 1, 2024

The report 'Multi-Energy ORLEN.

Key Points: 
  • The report 'Multi-Energy ORLEN.
  • The Company's Growth from 2016 to 2023' showcases the key initiatives that have established ORLEN as a frontrunner in the energy transition.
  • "Since the commencement of my mission at the ORLEN Group, I have operated under the steadfast belief that mediocrity is not an option.
  • ORLEN, as the first fuel and energy group in the CEE region, has committed to achieving carbon neutrality by 2050.

F3 Hits 2.05m Off Scale >65,535 CPS in First Hole of Winter Program at JR Zone

Retrieved on: 
Tuesday, January 30, 2024

A thin, lower mineralized zone up to 23,600 cps starting at 272.00m was also intersected and marks the first intersection of strong radioactivity below the JR Zone.

Key Points: 
  • A thin, lower mineralized zone up to 23,600 cps starting at 272.00m was also intersected and marks the first intersection of strong radioactivity below the JR Zone.
  • As the Dias 3D resistivity survey is days away from being completed, preparations are underway at site for the next phase of ground geophysics.
  • The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,535 cps as off-scale.
  • Samples from the drill core are split in half on site and are standardized at 0.5m lengths.

F3 Announces Commencement of Drilling at PLN

Retrieved on: 
Tuesday, January 23, 2024

Kelowna, British Columbia--(Newsfile Corp. - January 23, 2024) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") is pleased to announce that drilling has commenced for the 2024 winter drill campaign on its 100%-owned Patterson Lake North ("PLN") Project.

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - January 23, 2024) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") is pleased to announce that drilling has commenced for the 2024 winter drill campaign on its 100%-owned Patterson Lake North ("PLN") Project.
  • The drill program focuses initially on the JR Zone and the B1 Area, located 3km south of the JR Zone.
  • Many of the hallmarks commonly associated with uranium mineralization were recognized in the fall drilling in the B1 Area, highlighting its strong potential.
  • Drill targets at the B1 Area are being developed through the integration of 3D-DCIP ground resistivity that is nearing completion, along with ground EM data and drill core geochemistry.

F3 Expands PLN Project with Acquisition of PW Property from CanAlaska

Retrieved on: 
Monday, January 22, 2024

Kelowna, British Columbia--(Newsfile Corp. - January 22, 2024) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") is pleased to announce that it has entered into a property swap agreement (the "Property Swap") with CanAlaska Uranium Ltd. ("CanAlaska"), pursuant to which F3 will receive CanAlaska's Patterson West Property (the "PW Property") in exchange for F3's Hobo Lake Property (the "Hobo Lake Property"), both properties of which are located in the Athabasca Basin, Saskatchewan.

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - January 22, 2024) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") is pleased to announce that it has entered into a property swap agreement (the "Property Swap") with CanAlaska Uranium Ltd. ("CanAlaska"), pursuant to which F3 will receive CanAlaska's Patterson West Property (the "PW Property") in exchange for F3's Hobo Lake Property (the "Hobo Lake Property"), both properties of which are located in the Athabasca Basin, Saskatchewan.
  • The north end of the Patterson West Property is located just 7.5 km to the south of F3's JR Zone high grade uranium discovery on its Patterson Lake North Property and it is immediately to the west and contiguous with the F3 Broach Lake Property.
  • The Company will incorporate the PW Property claims into its Broach Lake Property, which together with the PLN and Minto Properties will collectively become the PLN Project.
  • The PW Property claims, totaling 3,015 ha, are ideally situated in relation to F3's other PLN Project properties and through incorporation into the Broach Lake Property will further the Company's objective to maintain a singular focus on its PLN Project and to expand upon the JR Zone discovery.

Uranium Mining Market Performance Booming as Demand Skyrockets, Projected to Reach $11 Billion

Retrieved on: 
Wednesday, January 17, 2024

The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities.

Key Points: 
  • The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities.
  • The report says: “The global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

F3 Announces Intention to Spin-Out F4 Uranium Corp.

Retrieved on: 
Tuesday, January 16, 2024

Raymond Ashley, President of F3 and incoming CEO of F4, commented: "The F4 Properties demand greater attention from the drill bit and from the market.

Key Points: 
  • Raymond Ashley, President of F3 and incoming CEO of F4, commented: "The F4 Properties demand greater attention from the drill bit and from the market.
  • The proposed terms of the Arrangement provide that, among other things, F3 will transfer the Properties to F4 in exchange for F4 Shares.
  • F3 shareholders will receive F4 Shares on the basis of one F4 Share for every 10 common shares of F3 held at the record date of the Arrangement.
  • In addition, it is proposed that upon the creation of F4, F3 shall make a strategic investment into F4, providing sufficient capital to complete the Spin-Out and Listing.

F3 Mobilizes to Drill A1 and B1 at PLN

Retrieved on: 
Monday, January 8, 2024

The 2024 work is fully funded and budgeted at $16M and consists of ground geophysics and drilling of approximately 55 drill holes totaling 24,000m.

Key Points: 
  • The 2024 work is fully funded and budgeted at $16M and consists of ground geophysics and drilling of approximately 55 drill holes totaling 24,000m.
  • Exploration efforts will initially focus on the A1 shear hosting the JR Zone and the B1 area 3km south of the JR Zone.
  • "We are excited to set out on this aggressive winter program aimed at JR Zone expansion and discovery of additional mineralized zones along the 5km long A1 and parallel B1 shear zones.
  • Drilling efforts at the B1 area will focus on targets developed through integration of 3D-DCIP ground resistivity and ground EM data, along with drill core geochemistry.

F3 to Spend $16 Million on Drilling at PLN

Retrieved on: 
Wednesday, December 27, 2023

Kelowna, British Columbia--(Newsfile Corp. - December 27, 2023) - F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce that it is on track for mobilization to start in early January for the 2024 exploration program, budgeted at $16M, of ground geophysics and drilling on its flagship Patterson Lake North ("PLN") Property.

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - December 27, 2023) - F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce that it is on track for mobilization to start in early January for the 2024 exploration program, budgeted at $16M, of ground geophysics and drilling on its flagship Patterson Lake North ("PLN") Property.
  • The program objectives are to continue to expand the JR Zone following up on recently announced high grade intercepts (see NR dated December 18, 2024), to discover additional mineralized zones along the 5km A1 and parallel B1 shear zones, and to make new discoveries elsewhere on the 98,708 acre PLN Project claims area.
  • The JR Zone discovery made just over 1 year ago increased the prospectivity of the entire PLN Project area.

F3 Receives $8,224,747 from Exercise of Warrants

Retrieved on: 
Friday, November 17, 2023

Kelowna, British Columbia--(Newsfile Corp. - November 17, 2023) - F3 Uranium Corp. (TSXV: FUU) (the "Company" or "F3") is pleased to announce that it has received total proceeds of $8,224,747 from the exercise of warrants, between May 12, 2023, and November 10, 2023.

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - November 17, 2023) - F3 Uranium Corp. (TSXV: FUU) (the "Company" or "F3") is pleased to announce that it has received total proceeds of $8,224,747 from the exercise of warrants, between May 12, 2023, and November 10, 2023.
  • The Aggregate proceeds received from the exercise of the warrants will be used for future exploration work on the Company's projects, corporate development and general corporate and working capital purposes.
  • "We are pleased to see over $8 million in warrants exercised.
  • Adam Giddens is the director of Torque but holds no securities in F3 and no securities will be issued in connection with Torque's engagement.

COP28: The Rockefeller Foundation, ACEN Corporation, Monetary Authority of Singapore Partner to Explore Phasing Out Coal Plant in Philippines

Retrieved on: 
Monday, December 4, 2023

CCCI and ACEN are working with the Monetary Authority of Singapore (MAS) to advance the potential project.

Key Points: 
  • CCCI and ACEN are working with the Monetary Authority of Singapore (MAS) to advance the potential project.
  • "To retire coal plants, avoid those emissions, and create jobs, we need to create the right incentives for asset owners and communities and mobilize additional finance.
  • This innovative CCCI agreement will pilot a coal-to-clean credit methodology in the Philippines, one critical step toward breaking that overreliance and building a better future."
  • The project, the South Luzon Thermal Energy Corporation (SLTEC) coal plant, would become the world's first coal-fired power plant to leverage carbon credits to enable its early decommissioning.