Forum Energy Metals Corp. ( TSXV: FMC ) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to announce that the drill has started turning on its 100% owned Wollaston uranium project, located 10km south of Cameco’s Rabbit Lake Uranium Mill and 30km south of OranoDenison’s McClean Lake Uranium Mill in the northeastern Athabasca Basin (Figure 1). The plan is to complete approximately 1000m before Christmas, then continue the program into the new year with a minimum of another 2,000 metres, testing priority targets developed by the recent airborne magneticelectromagnetic survey (see news release of November 15, 2022). Cyr Drilling of Winnipeg, Manitoba has provided the drill and crew for the project.
Drilling last winter was successful in identifying the Gizmo zone with uranium grades up to 0.21% U3O8 intersected in one of four holes drilled on the target exhibiting strong alteration and geochemical values. Targets on the west side of […]
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