Mr. Dev Randhawa reports

F3 AND TRACTION BEGIN DRILLING TO LOCATE SOURCE OF RADIOACTIVE BOULDERS

F3 Uranium Corp.'s 2024 winter drill program at the Hearty Bay project is under way with the arrival of the Boart Longyear drill crew on site. The program is designed to find the source of glacially dispersed uraniferous boulders and anomalous till geochemistry samples on Isle Brochet. The glacially dispersed material in combination with the recently completed gravity survey provides new, reliable targets for the program that were not tested in previous and historic drill programs.

A total of approximately 2,000 metres of drilling are planned using a Boart Longyear sonic drill that can recover and sample both overburden and bedrock. This is anticipated to trace anomalous overburden under the lake to the proposed source areas, which may be defined by one of the gravity low targets defined by this winter's survey. The program should be completed by the end of March, dependant on ice conditions.

Boart Longyear is the drill contractor, geomorphology experts are provided by Palmer Geotechnical Consultants Inc., while F3 Uranium is the program operator; technical guidance will be given by Rock U Consulting (Ken Wheatley), technical adviser to Traction Uranium.

Qualified person:

The technical information in this news 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 and chief operating officer of F3 Uranium, a qualified person. Mr. Ashley has verified the data disclosed.

About F3 Uranium Corp.

F3 Uranium 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 discovery. F3 Uranium currently has 17 projects in the Athabasca basin. Several of F3's projects are near large uranium discoveries, including Triple R, Arrow and Hurricane.

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