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by Will Purcell
The critical and specialty minerals box score for Tuesday was a disappointing 64-101-145 as the TSX Venture Exchange fell nine points to 935. Dev Randhawa's F3 Uranium Corp. (FUU) lost one-half cent to 12.5 cents on 3.68 million shares. The company said Monday that it has drilled an 8.5-metre zone grading 3.4 per cent uranium oxide in the JR zone of its Patterson Lake North project in the Athabasca district of Saskatchewan. Most of the mineralization sat in a 2.5-metre subinterval that graded 10.2 per cent -- and much of that turned up in a one-metre portion that ran 20.7 per cent.
Mr. Randhawa, chief executive officer, left the promoting to his vice-president of exploration, Sam Hartmann. He was predictably pleased with the final assays from the JR zone, "where the last two holes for inclusion into the upcoming maiden resource estimate were completed earlier this spring." Mr. Hartmann also cheered a second batch of assays coming from the Tetra zone, where the company hit a 0.5-metre zone that graded 1.04 per cent uranium oxide. The hole produced several other intervals. Most had modest grades and narrow intervals, although one managed 0.19 per cent uranium oxide across 5.5 metres.
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