Concentrations of boron in the sandstone of more than approximately 300 ppm are normally considered anomalous… Anomalous pathfinder elements, including uranium, are associated with some of the basement structures. Boron is an important pathfinder element as it occurs along the structural corridors which host the uranium deposits in the Athabasca basin. This is considered highly anomalous due to both the significant width of the intersection and the highly elevated concentrations. “Drill hole PLN22-029, which was the first test of the N conductor complex in the northeast part of the property, intersected highly elevated boron values over a 70 m interval within Athabasca sandstone averaging 1,051 parts per million boron from 550 to 620 m, including a 10 m interval averaging 1780 ppm boron, above graphitic faults in the basement. ![]() Drilling one hole (PLN22-29) on the North Conductor Complex by F3 (Press Release November 28, 2022) returned the following: These conductors as indicated on the F3 website, trend South-Southeast and extend onto the Company’s CLR property. The Company’s CLR project is approximately 15 kilometres North-Northwest of the F3 JR Discovery Zone but is adjacent to F3’s North Conductor Complex. The F3 discovery of the JR Zone in hole PLN22-035 resulted from follow-up drilling on the “A1” conductor. ![]() ![]() The “JR” uranium zone represents the newest, basement hosted uranium deposit in the Athabasca, similar to the Triple R uranium deposit owned by Fission Uranium Corp.Īirborne and ground electro-magnetic (“EM”) geophysical surveys are an effective exploration tool for discovering basement hosted uranium mineralization, in association with graphitic structures and clay alteration. In November 2022 F3 discovered the “JR” high grade uranium zone, with recently reported intersections (F3 Press Release, February 6, 2023) in drill hole PLN22-038 of 11.0 metres averaging 4.20% U3O8, including a high-grade 4.5 metre interval averaging 9.8% U3O8. (TSX-V: KIP) (the “Company” or “Kiplin”) has completed a review of the electromagnetic (“EM”) conductors on, and adjacent to, the Company’s Cluff Lake Road (CLR) Uranium Project, located in northwestern Saskatchewan, which is surrounded by F3 (“F3”) Uranium Corp.’s (formerly Fission 3.0) high profile Paterson Lake North (“PLN”) Project. Kiplin Metals (TSX-V:KIP)VANCOUVER, BC, CANADA, March 30, 2023/ / - Kiplin Metals Inc.
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