F4 Identifies New Conductive Trends at Wales Lake

Core Viewpoint - F4 Uranium Corp. has identified three new conductive trends at the Wales Lake West Property following a comprehensive airborne VTEM survey, indicating significant exploration potential in the region [1][5]. Group 1: Project Overview - The Wales Lake Project spans 40,113 hectares and includes both Wales Lake East and Wales Lake West properties, which are 100% owned and drill-ready with strong conductor targets [5]. - The project is located in the western Athabasca Basin, approximately 20 km southwest of Paladin's Triple R uranium deposit and 28 km southwest of Nexgen Energy's Arrow deposit, highlighting its strategic position near significant uranium discoveries [1][5]. - The area has been significantly underexplored, with only two historic drill holes, suggesting substantial potential for new discoveries [5]. Group 2: Exploration Strategy - The company plans to utilize the complete airborne VTEM coverage to select areas of enhanced conductivity for further exploration, including ground truthing and drill testing [2]. - Previous drilling efforts during the summer program intersected graphitic structures, and the company aims to replicate this success in the southern portion of the Wales West Property [2]. Group 3: Industry Context - The Wales Lake Project is situated near several recent uranium discoveries, including F3 Uranium's JR and Tetra Zones, and Paladin Energy's Saloon area, which underscores the area's potential for further uranium exploration [5][9]. - F4 Uranium Corp. is part of a lineage of successful uranium exploration in the Athabasca Basin, with a portfolio of 17 wholly owned properties totaling approximately 157,000 hectares [9].