In a recent conversation with InvestorNews host Tracy Weslosky, Jean-Francois Meilleur, President, and CEO of Xcite Resources Inc. (CSE: XRI), provided an insightful overview of the uranium market and the strategic positioning of Xcite’s uranium assets in the Athabasca Basin, Saskatchewan. Meilleur shared his enthusiasm for the sector, stating, “Certainly, a lot of the analysts that I’m following are calling a much longer-term cycle than we experienced in the late 2006-2008,” highlighting expectations of a sustained period of strong demand for uranium. He further emphasized the unique appeal of Saskatchewan, noting, “Saskatchewan, Athabasca Basin specifically produces 20% of the world’s uranium… it’s the best place, the best address to explore and find new discoveries.”

With the recent acquisition of six projects in the Athabasca Basin, including three past producers, Meilleur underlined the basin’s untapped potential for significant uranium discoveries. He articulated the strategic advantage of their locations, saying, “The best place to own a project or to make a significant discovery is in the shadow of a headframe, and we have three of those projects in the most prolific basin in the world.” This expansion underscores Xcite’s commitment to exploring high-potential sites within a well-established mining environment, emphasizing the Athabasca Basin’s global importance and Saskatchewan’s favorable ranking for mining investments by the Fraser Institute.

Meilleur’s decision to step in as CEO was driven by the compelling quality of the assets uncovered during the negotiation and due diligence phases. “As you’re running and you’re finding more and more interesting stuff…it looks better and better and better,” Meilleur remarked, highlighting surface sampling results up to 36% uranium and the presence of graphite conductors, indicative of the potential for significant discoveries. Owning a substantial share of the company, Meilleur’s personal investment and leadership underscore his belief in Xcite’s potential to develop and monetize its assets for shareholders.

At PDAC 2024, Xcite’s objective was clear: to introduce the company’s promising projects and underscore its undervalued market cap compared to its peers. With historic production and very high-grade surface results, Meilleur is focused on raising awareness about Xcite’s value proposition, stating, “We’re prediscovery, historic production, very high-grade results at surface…we need to tell the story.”

Jean-Francois Meilleur’s leadership and strategic acquisitions position Xcite Resources Inc. as an emerging player in the uranium sector, with the Athabasca Basin serving as a cornerstone for the company’s exploration efforts. His insights into the uranium market and the strategic importance of their assets in Saskatchewan reflect a deep understanding of the industry’s dynamics and the potential for significant discoveries in one of the world’s most prolific uranium-producing regions.

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About Xcite Resources Inc.

Xcite Resources Inc. is a mineral exploration company focused on its Turgeon Lake Property, located in the Province of Québec.

In this interview with Tracy Weslosky during PDAC 2024, Tom Drivas, CEO and Director of Appia Rare Earths & Uranium Corp. (CSE: API | OTCQX: APAAF) discussed the results from the maiden Mineral Resource Estimate for Appia’s PCH Ionic Adsorption Clay Project in Brazil. Announcing a significant 52.8 million tonnes of resource, Tom highlighted the presence of extremely high-grades of rare earths within this resource, showcasing some of the highest TREO (total rare earth oxide) grades globally.

Tom emphasized the project’s potential, stating, “We have only explored 1% of the total area… We have 40,000 hectares.” Tom also highlighted the project’s richness in magnet rare earths like neodymium and praseodymium, essential for producing permanent magnets in high demand. The addition of industry experts like Constantine Karayannopoulos, Jack Lifton and Don Hains, P. Geo to Appia’s Advisory Board underscores the project’s significance and potential.

Besides the project in Brazil, Appia is also advancing uranium exploration properties around the Athabasca Basin in Saskatchewan and has a significant uranium resource in Ontario at Elliot Lake. Notably, the company is also advancing its Alces Lake project in Saskatchewan, renowned for its high-grade critical rare earths in monazite.

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About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the Company holds the right to acquire up to a 70% interest in the PCH Project (See June 9^th, 2023 Press Release – Click HERE) which is 40,963.18 ha. in size and located within the Goiás State of Brazil. (See January 11^th, 2024 Press Release – Click HERE)

To learn more about Appia Rare Earths & Uranium Corp., click here

Disclaimer: Appia Rare Earths & Uranium Corp. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

An interview with Hallgarten + Company‘s Christopher Ecclestone and the Critical Minerals Institute‘s (CMI) Tracy Weslosky on the Uranium Market

Tracy Weslosky: 

Christopher let’s start with the headlines please…. will the US ban on Russian uranium boost western industry?

Christopher Ecclestone: 

You know the uranium industry in Russia, you can’t put a cigarette paper between it and the industry in Kazakhstan. So really, I would see Russian product going out through Kazakhstan disguised as Kazakh output, not surprised whatsoever. And I don’t know who the West is trying to punish here — because we are getting back to that same issue again, which is the source of our uranium supply. It would be rather hard for some of the western users in the EU to replace the Russian uranium source. The source is the challenge.

Tracy Weslosky: 

You said to me earlier this week about how hot the uranium market and how it’s really “the only game in town”. Can you explain to our audience what you mean by that?

Christopher Ecclestone: 

It is. Well, I’m purely from the primordial point of view. The wheels have fallen off the battery metal complex at the moment – and whether they can be put back on again is another matter…but at the moment — that car ain’t going anywhere. It’s just sort of like on blocks, like the neighborhood thugs have stolen the wheels. So, battery metals are dead in the water for a while. And so, the only game in town is uranium. The other metals are all in holding patterns. You know, gold’s just hanging in there. Uranium’s the only sexy thing around. And as per usual, you know, uranium has its day in the sun every 20-years and that day is now.

Tracy Weslosky: 

Would you give investors some advice on how to select uranium companies because they’re popping up everywhere? We can barely keep track of them.

Christopher Ecclestone: 

Yeah, I think you’ve got to go back to the assets that they have. There are a lot of good assets were found during the last uranium boom. They’re not necessarily in the same companies that they were in there because many of those companies went bust. So got to look at the assets, you got to look at their durability. So, they’re in really, really isolated locations, you know. Like off Broadway, being off Athabasca is not as good as being on Broadway on Athabasca — just being in the general vicinity, but only 500 kilometres away is not good enough. You know, they have to be accessible. They have to be doable. You know, the boom is now. We’re not talking in 10 years. I think that we’re in a good position for a long run boom, but we really want to see assets that have been proven up before. Or not. Now anyone who’s doing Greenfield never been drilled before uranium. Why bother? There were so many assets that were discovered pre-Fukushima. They’re just sort of sat in the cupboard, you know, sitting there waiting for something to happen that we don’t need to find new things. We do not need to reinvent the wheel if it’s got an old resource — let’s go with that, not try and find something new.

Tracy Weslosky: 

Is there a question about uranium you wish people would ask you that no one does? And what would that question be?

Christopher Ecclestone: 

Oh, that’s a tough one. I think it’s got to do with the people involved in it. You know, just being uranium is not good enough. I think that there are a lot of old uranium hands out there, and have been in hiding. People who’ve done it for decades and who’ve really been sitting — sitting on their behinds for the last 15 years that are now coming out of the woodwork, they’re the people to follow. I mean, there was nothing that they could do about the situation. Now they can any just purely move forward, not the promotorial types where you look at them and say ‘oh, where was he before he was doing graphite? And then before that, he was doing lithium and before that he was doing Rare Earths’ — carpetbaggers – not good enough. We know who they are. Avoid them. We do not need promotorial types in the uranium space. We need serious people.

Tracy Weslosky: 

What is your position on modular nuclear reactors we are all hearing about, are they the future of uranium as we are being told?

Christopher Ecclestone: 

Oh, absolutely. I am absolutely convinced that big uranium, big nuclear formats, they’re like brontosauruses. We can see this particularly in the UK where they’ve got a number of projects underway that were, you know, supposed to be two billion pounds And, then you know, 5 billion. And even now the Chinese who are building them, saying we can’t finish this without loads more billions just goes to show that the bigger the plant the harder they fall and small modular reactors are the way to go. It’s just makes sense and the CapEx is lower. they’re easier to build, they’re faster to build. I mean bigger is not better.

Tracy Weslosky: 

What about thorium? There’s a lot of confusion out there.

Christopher Ecclestone: 

Yeah, well, there’s a lot of confusion. This is there’s some craziness in the US running around thorium, not good. I’m in. I’m a believer in thorium. Thorium is really good with Pebble bed reactors and small format reactors. It’s, you know, it’s got potentially its day in the sun. There are lots of thorium stockpiles lying around too, so you don’t even need to mine this. And it’s just sitting there, being waiting for its for its moment. And you know, there’s something to the nuclear establishment that they don’t want to see thorium having any, any progress…plays into the hands of the conspiracy theorists and the nuts, but Thorium should be getting more attention, particularly with these really small format reactors.

Tracy Weslosky: 

So, what your saying is that the nuclear and the uranium industry should not feel compromised by the competitor of thorium, correct?

Christopher Ecclestone: 

Yeah, not exactly. Exactly. We’ve seen many uranium positive story as well. I mean you could pick and choose what you what you. What you extract and you don’t get more value, frankly.

Tracy Weslosky: 

Is there a uranium producer that you love or that you follow? And can you comment on who this is?

Christopher Ecclestone: 

Probably and no. The mere fact that they’re a producer is good, whoever they might be. If they’re producing, yes, please.

Tracy Weslosky: 

Is there a small cap or a new uranium company that’s your watching? Or is there a company that you know about that you find unique or interesting?

Christopher Ecclestone: 

Well, I’m down in Argentina at the moment and Argentina is going to be one of the big playing fields in the up-and-coming uranium boom. I won’t drop the names now, but it’s place to watch.

Tracy Weslosky: 

And that was going to be my next question, is there an area of the world that investors should be more excited about hearing about when looking for uranium companies to invest in? Where should an investor find more comfort when they hear the word uranium?

Christopher Ecclestone: 

Well, Athabasca (Alberta, Canada), obviously SW Africa…whether it’s Namibia or countries around there. Argentina, I’ve mentioned. Australia, it’s easy. This said, they’ve got uranium, but with the states there flipping from being pro uranium to anti uranium they have done itself a lot of damage over recent years. I mean and it’s been really like two bald men fighting over a comb. Because there’s been no need for uranium from Australia — state governments there banning it and then unbanning it. I think Canada is, for once, the most virtuous regime for uranium in the world.

In a recent interview with host Tracy Weslosky, Tom Drivas, CEO and Director of Appia Rare Earths & Uranium Corp. (CSE: API | OTCQX: APAAF), announced the significant addition of Constantine Karayannopoulos to Appia’s Critical Minerals Advisory Committee. Tom discussed how this move is a major endorsement of Appia’s projects, given Constantine’s reputation in the rare earths sector. Constantine, who is well known for his leadership in the critical mineral sector lead the Neo Materials deal by Molycorp in 2012 for C$1.3 billion. He was also the co-founder and Chairman of the Board of Neo Lithium Corp. when it was sold to Zijin Mining Group Co., Ltd. for $960 million in 2022.

Constantine Karayannopoulos joins Appia’s Advisory team, alongside world renowned critical minerals expert and the co-founder and Co-Chair of the Critical Minerals Institute (CMI) Jack Lifton. Jack who was the co-editor of the recently published textbook, Rare Earth Metals and Minerals Industries: Status and Prospects 1st ed. 2024 Edition, is joined with Don Hains, P. Geo who is a Consulting Geologist and well-known expert in ionic clay projects. In this interview, Tom emphasizes how having three of the world-renowned rare earths experts on Appia’s Critical Minerals Advisory Committee supports the commitment to leverage top-tier expertise to advance Appia’s Projects in Canada and Brazil.

Appia’s recent announcement of exceptional diamond drill results from the PCH ionic adsorption clay project in Brazil was also discussed in the interview. These results have revealed significant concentrations of Total Rare Earth Oxide (TREO) within the top 20 meters from the surface. Tom added, “Just for comparison, there is a deposit that went into production in the same area, and their average grade is 1,200 parts per million (PPM). We’re getting up to 93,000 PPM.”

Moreover, Tom outlined Appia’s broader strategy, which encompasses both rare earths and uranium projects. Tom outlined Appia’s involvement in the uranium sector, noting several uranium projects in the Athabasca Basin in Saskatchewan and Ontario. With plans to begin drilling at the Loranger Uranium-Bearing Property in Saskatchewan, Tom explains how Appia is positioning itself to capitalize on the rising uranium market. To access the full interview, click here

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About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the Company holds the right to acquire up to a 70% interest in the PCH Project (See June 9^th, 2023 Press Release – Click HERE) which is 40,963.18 ha. in size and located within the Goiás State of Brazil. (See January 11^th, 2024 Press Release – Click HERE)

To learn more about Appia Rare Earths & Uranium Corp., click here

Disclaimer: Appia Rare Earths & Uranium Corp. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.

F3 Uranium Corp. (TSXV: FUU | OTCQB: FUUFF) has secured a significant $15 million strategic investment from Denison Mines Corp. (TSX: DML | NYSE American: DNN) through the acquisition of unsecured convertible debentures. These debentures can be converted into F3 common shares at a conversion price of $0.56 per share, representing a 30% premium over F3’s recent five-day average stock price. Upon conversion, Denison is set to own approximately 6% of F3’s outstanding shares.

Dev Randhawa, F3’s CEO, expressed enthusiasm for Denison’s involvement, citing their leadership in the uranium industry and their diverse assets in the Athabasca Basin, where F3 is actively developing the Patterson Lake North (PLN) property.

Denison’s President and CEO, David Cates, commended F3’s impressive exploration track record, particularly their discovery of the JR Zone on the PLN property, which is considered one of the top new uranium finds globally. Denison is eager to support further assessment of the PLN property through this investment.

The debentures will carry a 9% coupon, payable quarterly over a 5-year term, and offer conversion into common shares. F3 has the discretion to pay up to one-third of the interest in common shares based on the trading price. The company can also redeem the debentures under specific conditions, including a change of control.

The proceeds from the debentures will primarily fund exploration and development of the PLN property, as well as general working capital needs.

The transaction is expected to close around October 18, 2023, subject to regulatory approvals. Legal counsel includes Blake, Cassels & Graydon LLP for F3 and Osler, Hoskin & Harcourt LLP for Denison, with Haywood Securities Inc. advising F3 and Canaccord Genuity Corp. advising Denison.

F3’s PLN project, spanning 4,078 hectares, is strategically located near other high-grade uranium deposits in the Athabasca Basin, making it a significant area for uranium development in northern Saskatchewan. Raymond Ashley, P.Geo., President & COO of F3, has verified the technical information in compliance with Canadian regulatory requirements.

F3 Uranium Corp. is actively advancing uranium projects in the Athabasca Basin and holds a portfolio of 16 projects in this high-grade uranium discovery region. Their focus includes the newly discovered high-grade JR Zone on the PLN Property, aligning with Saskatchewan’s potential to become a major uranium production hub.

In this InvestorIntel interview during PDAC 2023, Byron W King talks to F3 Uranium Corp.’s (TSXV: FUU | OTCQB: FUUFF) VP Exploration Raymond Ashley about how F3 Uranium has “made the Athabasca Basin’s newest high-grade uranium discovery.” Raymond discusses F3 Uranium’s drill program to grow the newly discovered JR Zone located on their Patterson Lake North (“PLN”) Property in the Athabasca Basin. The JR Zone was discovered during a fall 2022 drill program with a discovery hole that assayed 6.97% U3O8 over 15.0 metres. The company then raised $8 million for a 20-hole follow-up winter drill program that is currently in progress.

Raymond goes on to highlight the competitive advantages of their project’s location being in proximity to large uranium discoveries such as Fission Uranium’s Triple R Project and NexGen Energy’s Arrow uranium deposits. Led by a team responsible for 3 major uranium discoveries in the Athabasca Basin, Raymond says that F3 Uranium has a portfolio of 16 exploration properties in the Athabasca Basin.

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About F3 Uranium Corp.:

F3 Uranium is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world’s largest high-grade uranium discovery. F3 Uranium currently has 16 projects in the Athabasca Basin. Several of F3’s projects are near large uranium discoveries including Triple R, Arrow and Hurricane.

To know more about F3 Uranium Corp., click here.

Disclaimer: F3 Uranium Corp. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain“forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken,  as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at [email protected].

In this InvestorIntel interview, Tracy Weslosky talks to Appia Rare Earths & Uranium Corp.’s (CSE: API | OTCQX: APAAF) CEO and Director Tom Drivas about signing a letter agreement to acquire up to 70% interest in a prospective rare earths ionic clay project in Brazil. Currently doing its due diligence, Tom discusses how the new Brazilian project, if finalized, would not interfere with their main focus on the Alces Lake project. Tom goes on to say that the Brazilian project will have a new team with direct ionic clay expertise.

With an extensive exploration program planned for this year at the Alces Lake project in northern Saskatchewan, Tom discusses the company’s focus on delineating high-grade critical rare earth elements and gallium. Tom also provides an update on Appia’s ongoing relationship with the Saskatchewan Research Council (“SRC”) which is developing a rare earths processing facility in Saskatoon and the plans for the SRC to process monazite from the Alces Lake project as early as next year.

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About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Loranger, North Wollaston, Eastside, and Otherside properties. The Company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a 100% interest in approximately 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

To learn more about Appia Rare Earths & Uranium Corp., click here.

Disclaimer: Appia Rare Earths & Uranium Corp. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at [email protected].

I’ve mentioned this repeatedly, I love it when a junior mining company has plenty of drill results pending. It’s almost like waiting for Christmas so you can see what’s in all those lovely, wrapped presents under the tree. In this case, exploration companies are unwrapping the mysteries of what lies beneath the earth’s surface. However, for the most part, when these results are press released they are often either average, unimpressive, or even disappointing. 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. But because it’s not easy, we all get the opportunity to potentially celebrate Christmas morning over and over again.

One company repeatedly celebrating Christmas morning is F3 Uranium Corp. (TSXV: FUU | OTCQB: FUUFF) (formerly Fission 3.0 Corp). 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. 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.

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 above results led to a massive 190% rise in F3’s share price over the next 4 trading days. 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). Once again the stock got a decent boost, tacking on another 23% gain. For context, natural gamma radiation in the drill core was measured in Counts Per Second (“cps”) using a handheld Radiation Solutions RS-125 scintillometer. 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.

However, the market can be fickle, as witnessed by the fact that further results in mid-December, which seemed to reinforce F3’s success were not interpreted as such. Two of the three holes intersected significant radioactivity but the third hole, due to significant drill hole deviation causing the hole to steepen excessively, led to the target being missed. It seems more emphasis was placed on the miss, versus the two positive holes that further expanded the discovery along strike and up-dip. A brief taste of reality hit the stock as it suffered a 17% haircut in trading on December 12, 2022. Granted that still left F3 Uranium up an impressive 253% since the Fall 2022 drill program started churning out results.

But fear not, the Company managed to get things back on track in 2023. F3 started the year with news that mobilization for a winter 20-hole drill program had commenced. Simply the anticipation of more drill results gave the Company’s share price a 20% lift in trading to start the year. And it appears the market was justified in doing so as two subsequent updates in February resulted in gap-ups in the share price. First, on February 8, the Company reported results from the first eight drill holes at the JR Zone on the PLN Property of which seven are mineralized and five have high-grade mineralization with radioactivity >10,000 cps. As one might anticipate, based on historical action, the share price rallied an impressive 18% on this news.

Then yesterday, F3 announced scintillometer results from four additional holes of the ongoing winter drill program at the JR Zone, including three high-grade intercepts. Drill hole PLN23-050 intersected the widest mineralized interval to date over 21.0m, including 3.19m of composite radioactivity with >10,000 cps and a peak of 57,100 cps at a downhole depth of 255.0m. Once again the market responded favorably, with the stock gapping up and posting a 16% increase on a day that wasn’t very positive to the overall market or other uranium names with the S&P 500 down 2.0%, Cameco down 5.7%, and Energy Fuels down 6.6%.

It would appear that for F3 Uranium, Christmas day is always just around the corner, with investors paying close attention to any and every bit of drill information that the Company announces. So keep those results coming.

In this InvestorIntel interview, Tracy Weslosky talks to F3 Uranium Corp.‘s (TSXV: FUU | OTCQB: FUUFF) CEO and Chairman Dev Randhawa about why uranium prices are going to rise as uranium demand remains strong due to net-zero emissions targets and energy security concerns. Speaking about their recent name change from Fission 3.0 Corp. to F3 Uranium Corp., Dev provides an update on their new high-grade uranium discovery at the Patterson Lake North (PLN) property in the Athabasca Basin region of Saskatchewan, Canada.

Speaking about the strength of their management team, Dev discusses how F3 Uranium’s technical team has a history of success in the uranium sector. He adds, “good people find good projects and they attract capital.”

To access the full InvestorIntel interview, click here

Please note: After the interview was recorded, F3 announced the final uranium assay results from its fall 2022 drill program, including high-grade intervals of up to 22.9% U308, and results from the first eight drill holes of its winter drill program, including continuity of high-grade mineralization along strike towards the south at the JR Zone.

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About F3 Uranium Corp.:

F3 Uranium is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world’s largest high-grade uranium discoveries. F3 Uranium currently has 16 projects in the Athabasca Basin. Several of F3’s projects are near large uranium discoveries including Triple R, Arrow, and Hurricane.

To know more about F3 Uranium Corp., click here

Disclaimer: F3 Uranium Corp. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain“forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken,  as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at [email protected].

In this InvestorIntel interview, Peter Clausi interviews Fission 3.0 Corp.‘s (TSXV: FUU | OTCQB: FISOF) CEO and Chairman Dev Randhawa about making a new high-grade uranium discovery at the Patterson Lake North (PLN) property in the Athabasca Basin region of Saskatchewan, Canada. He also discusses Fission 3.0’s recently announced bought deal private placement at a 45% premium to market.

Further to the premium bought deal announcement on December 3rd, and “…due to significant investor demand, (Fission 3.0) has increased the potential size of its previously announced private placement for the sale of up to 19,047,619 flow-through common shares of the Company to be sold to purchasers for gross proceeds of up to C$8.0 million.”

Fission 3.0’s “39,946 hectare 100% owned Patterson Lake North property (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Fission Uranium’s Triple R and NexGen Energy’s Arrow high-grade world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property.”

To access the full InvestorIntel interview, click here

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About Fission 3.0 Corp.

Fission 3.0 Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common shares are listed on the TSX Venture Exchange under the symbol “FUU” and trade on the OTCQB under the symbol “FISOF”.

To know more about Fission 3.0 Corp., click here

Disclaimer: Fission 3.0 Corp. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain“forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken,  as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at [email protected].