A drill rig at F3’s Patterson Lake North project. Credit: F3 Uranium
Good things come in threes could apply to F3 Uranium’s (TSV: FUU) Athabasca basin discoveries in Saskatchewan and the people behind them.
Since 2010, a trio of its team members have helped discover the Waterbury Lake and Patterson Lake South (PLS) deposits in the basin, projects later acquired by Paladin Energy (ASX, TSX: PDN) and Denison Mines (TSX: DML; NYSE: DNN), who have become C$1.5-billion-plus market cap uranium players. Strong results this spring from F3’s Broach Lake target, about 700 km north of Saskatoon, suggest the team might have found a third.
“Hardly anybody’s found one [big deposit], F3 CEO Dev Randhawa told The Northern Miner in an interview in Toronto. “Nobody’s found two. We found three. That just goes to the ability of the technical team.”
Uranium explorers have over the last 18 months been riding…
