Mr. Dev Randhawa reports

F3 ANNOUNCES COMMENCEMENT OF DRILLING AT PLN

F3 Uranium Corp. has commenced drilling for the 2024 winter drill campaign on its 100-per-cent-owned Patterson Lake North (PLN) project.

The drill program focuses initially on the JR zone and the B1 area, located three kilometres south of the JR zone. One diamond drill is coring a follow-up drill hole on the JR zone (at the north end of A1) on one of the five casings that were set at the end of the fall drill program. A second diamond drill crew is also on site and will begin to set up at the B1 area on a new casing that has just been set by the sonic drill. Many of the hallmarks commonly associated with uranium mineralization were recognized in the fall drilling in the B1 area, highlighting its strong potential. These include extensive structural complexity and large-scale sandstone and basement alteration accompanied by anomalous boron in the lower sandstone and uranium values in the basement (see news release dated Jan. 8, 2023). Drill targets at the B1 area are being developed through the integration of 3-D-DCIP ground resistivity that is nearing completion, along with ground EM data and drill core geochemistry.

Qualified person

The technical information in this press release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and approved on behalf of the company by Raymond Ashley, PGeo, president of F3, and a qualified person. Mr. Ashley has verified the data disclosed.

About F3 Uranium Corp.

F3 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 currently has 18 projects in the Athabasca basin. Several of F3's projects are located near large uranium discoveries including Triple R, Arrow and Hurricane.

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