Mr. Dev Randhawa reports

F3 ANNOUNCES EXPLORATION PROGRAMS AT BROACH AND MINTO PROPERTIES

F3 Uranium Corp. has commenced ground geophysical exploration programs on the Broach and Minto properties. A total of 55 line kilometres of MLTDEM (moving-loop time-domain electromagnetic) ground EM (electromagnetics) will be undertaken on two grids of interest testing suspected conductive corridors previously identified by airborne surveys and both parallel to the A1 conductor system, which hosts the high-grade JR zone on the PLN property.

Minto property -- A4 grid

Fourteen line kilometres of MLTDEM ground geophysics testing an approximately 7,200-metre-long conductive corridor identified by airborne MobileMT (mobile magnetotelluric) survey, which was flown by F3 in 2023. F3 has one hole drilled on this grid in 2014: PLN14-021 intersected up to 44 parts per million uranium in basement and 698 parts per million boron directly above the Athabasca unconformity at 413 metres. Anomalous geochemistry and proximity to the Harrison fault in a corridor parallel to the A1 conductor make this grid a strong exploration target area.

Broach property -- PW grid

Forty-one line kilometres of MLTDEM ground geophysics covering a suspected conductive trend, approximately 12 kilometres south of and parallel to the JR zone. This particular area of the Broach property hosts thick discontinuous layers of conductive mudstones, and these flat-lying conductive units hampered the effectiveness of a previously flown airborne EM (VTEMmax) survey flown in 2014. Ground-based geophysics is anticipated to effectively penetrate the conductive cover allowing for drill target generation. Due to its location near the interpreted Athabasca basin boundary and the historic difficulty of exploring under conductive cover, this large area remains underexplored.

Sam Hartmann, vice-president, exploration, commented: "We are excited with the prospect of upgrading the Broach and Minto properties to the drilling stage with this round of ground EM, which we anticipate assisting in reducing broader airborne conductivity responses to more precise conductor models for drill testing. At the A4 grid, where some historic ground EM coverage prompted us to drill a single hole in 2014, this new ground EM will give us an improved conductor model in a strategic location near the projected confluence of the Harrison fault with the A4 conductive corridor. At the PW grid, we are aiming to generate a conductivity model in an area where no previous airborne EM conductors have been clearly identified, near the margins of the Athabasca basin in an area of very limited historical drilling. Identifying ground conductors near the present-day margins of the basin is something that we are specifically interested in. Additionally, recent remodelling of historic ground EM surveys south of Broach Lake has resulted in an additional target -- the northeast-trending BRS conductor. This suspected structure sits along favourable MT conductivity, and we look forward to upgrading the BRS conductor to the drilling stage as well with ground EM surveying."

About the Patterson Lake North project

The company's 42,961-hectare 100-per-cent-owned Patterson Lake North (PLN) project is located just within the southwestern edge of the Athabasca basin (in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade world-class uranium deposits), which is poised to become the next major area of development for new uranium operations in Northern Saskatchewan. The PLN project consists of the 4,074-hectare Patterson Lake North property, the 19,864-hectare Minto property and the 19,022-hectare Broach property. All three properties comprising the PLN project are accessed by Provincial Highway 955; the new JR zone uranium discovery on the PLN property is located 23 kilometres northwest of Fission Uranium's Triple R deposit.

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 exploration company, focusing on the recently discovered high-grade JR zone on its Patterson Lake North project in the western Athabasca basin. F3 Uranium currently has three properties in the Athabasca basin: Patterson Lake North, Minto and Broach. The western side of the Athabasca basin in Saskatchewan is home to some of the world's largest high-grade uranium deposits, including Triple R and Arrow, and poised to become the next major area of high-grade uranium operations in the world.

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