Forum Energy Metals Commences Drilling at Wollaston Uranium Project, Athabasca Basin, Saskatchewan

Wollaston Uranium Project , located 10km southeast of Cameco’s Rabbit Lake mill and 30km southeast of Orano/Denison’s McClean Lake mill (Figure 1).

Ken Wheatley, Forum’s Vice President, Exploration, stated, "The northeastern area of the Athabasca Basin is the home to numerous uranium deposits. Since the original discovery of the Rabbit Lake mine in 1968, the McClean, Sue, Collins Bay and Eagle Point deposits have been mined, and the Midwest, Midwest A and Roughrider deposits are waiting for future development. The presence of two uranium processing mills within driving distance of the project adds immensely to the value of the project."

Mr. Wheatley continued, "Historic drilling tested the conductive units to a shallow depth, and in areas where there were radioactive boulders noted at surface. The ground gravity survey recently completed by MWH Geo-surveys International has developed a series of drill targets that were never before identified, being located […]

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