F4 Uranium Corp's Maiden Drill Program at Wales Lake Intersects Graphitic Structures and Validates Ground EM Approach.

F4 Uranium Corp completes its maiden drill program on the Wales Lake Project, intersecting clear conductor targets and expanding the graphitic corridor by 2km. Two completed drillholes totaling 655m validate the company's approach to thoroughly modeled ground electromagnetic conductors. The project has 150 VTEM conductors with only 3 trends drill-tested, showcasing its potential.

F4 Uranium Corp (TSXV: FFU) has successfully completed its maiden drill program on the Wales Lake Project, located approximately 28km southwest of Nexgen Energy's Arrow deposit and 20km southwest of Paladin's Triple R uranium deposit. The drilling efforts, which totaled 655 meters across two completed drillholes, have intersected clear conductor targets and expanded the graphitic corridor by 2km. This achievement validates the company's approach to thoroughly modeled ground electromagnetic (EM) conductors over areas with enhanced airborne conductivity.

The Wales Lake Project, which is 100% owned by F4, currently contains approximately 150 VTEM conductors totaling approximately 130km in strike length. Only three conductor trends have been drill-tested, underscoring the project's significant potential. Drillhole WL25-003 targeted a graphitic structure intersected in WL18-001, approximately 2km along strike to the east of the historic hole which intersected 21 ppm U over 0.5m. This drillhole intersected three discrete graphitic conductive zones between 116.9m-320.5m, varying from structurally hosted disseminated graphite and sulfides along with patchy hematite alteration, to pervasively graphite altered faults. WL25-004, collared at a previously untested area, intersected graphite and sulfide alteration within a strongly fractured zone from 196.6m - 203.7m, in addition to a lower zone of disseminated graphite and sulfides between 239.8m - 253.2m.

The geochemical results from the 97 drill core samples collected will be incorporated into the Wales Project database, along with yet-to-come airborne VTEM Plus survey results, to advance understanding of the property and continue target development for basement-hosted uranium mineralization. The next steps for the project include additional ground EM over conductive areas, including those expected to be identified with the VTEM Plus survey.

Sam Hartmann, P.Geo., President and COO of F4, commented on the significance of the drill program: "F4 is pleased to have completed its first drill program at Wales Lake; a very large project, with very little historic work, and 100% owned. Our initial approach of drill testing VTEM and ground electromagnetic conductors is validated, with both holes intersecting conductive lithologies including graphite exactly where modeled. The next step is going to be incorporating the remainder of the VTEM data which we just flew, see Figure 1, and then start prioritizing specific target locations along these structures—areas where enhanced hydrothermal alteration might be expected—as we hunt for the next uranium deposit."

The Wales Lake Project, along with Clearwater West and Todd Lake, highlights F4's western Athabasca area portfolio in this emerging uranium district. The project is significantly underexplored, with only two historic drillholes and strong airborne and ground conductor targets. The project's proximity to major uranium deposits, such as Paladin's Triple R and Nexgen Energy's Arrow, further enhances its discovery potential.

References:
[1] https://finance.yahoo.com/news/f4-hits-intersects-graphitic-structures-090000275.html
[2] https://www.streetinsider.com/Newsfile/F4+Hits+Intersects+Graphitic+Structures+at+Wales+Lake/25145455.html