F4 Extends Conductors by 1.45 km Near Cameco’s La Rocque Zone Ahead of May Drilling
F4 Uranium and UraniumX extended MLEM conductors by 1.45 km at the Murphy Lake property, located 4 km east of Cameco’s La Rocque Lake Uranium Zone in the Athabasca Basin. Drilling is scheduled mid-May, fully funded to earn a 70% interest under the UraniumX option agreement.
1. Conductor Extension Details
The MLEM ground survey at Murphy Lake has extended prospective conductor systems by 1.45 km, correlating with basement resistivity lows and historic drill intercepts, including up to 56 ppm U in Athabasca Sandstone and 0.242% U3O8 over 0.5 m.
2. Proximity to Cameco Zone
The Murphy Lake property sits 4 km east of Cameco's La Rocque Lake Uranium Zone and 5 km south of IsoEnergy’s Hurricane Deposit, enhancing the regional uranium prospectivity adjacent to Cameco’s holdings.
3. Upcoming Drill Program
F4, as operator, will commence drilling in mid-May 2026 with a partner-funded program targeting the extended conductor corridors to validate high-priority zones.
4. Funding and Option Terms
UraniumX Discovery Corp. fully funds the work under an option agreement that can earn it up to a 70% interest in the Murphy Lake property, reducing capital risk for F4.