F4 Uranium Corp. announced it has commenced an airborne VTEMTMPlus survey at its Wales Lake Project in the western Athabasca Basin region of northern Saskatchewan and located approximately 20 km southwest of Paladin's Triple R uranium deposit, and 28 km southwest of Nexgen Energy's Arrow deposit. Geotech Ltd. will conduct the survey totaling approximately 1,100line kilometers and aims to infill large gaps in the current VTEM coverage to define emergent trends observed near the margins of the existing data.
This Infill and expansion VTEM at Wales Lake will provide full coverage over the Project, allowing for a comprehensive interpretation of all conductive packages. The property lies just southwest of multiple conductive corridors, including the Dirkson as well as the Saloon Trend, host to both Nexgen Energy's PCE uranium occurrence and Paladin Energy's recently discovered Saloon East. This survey is expected to create conductivity-based target areas for follow-up ground geophysics, as well as directly generate new drill targets - in addition to the existing drill ready targets.
F4 Uranium's 40,113-hectare Wales Lake Project consists of the Wales Lake East and Wales Lake West properties, both 100% owned, permitted and drill ready with strong airborne and ground conductor targets. Significantly underexplored with only two historic drillholes, the Wales Lake Project is located just outside of the Southwestern Athabasca Basin within 25km of Paladin's Triple R and Nexgen Energy's Arrow deposits. A series of recent discoveries including F3 Uranium's JR and Tetra Zones, Nexgen Energy's PCE occurrence, and Paladin Energy's Saloon area further highlight the uranium discovery potential near the Southwestern Athabasca basin.
Wales Lake is accessed by Provincial Highway 955, which transects the property.
