Forum Energy Metals Intersects Uranium Mineralization at the Wollaston Project, Athabasca Basin, Saskatchewan

Forum Energy Metals Intersects Uranium Mineralization at the Wollaston Project, Athabasca Basin, Saskatchewan

HIGHLIGHTS Anomalous radioactivity in four holes with up to 0.21% uranium and associated nickel in an area of intense alteration, bleaching and secondary hematite at the Gizmo target.

Boron (an indicator of proximal uranium bearing fluids) returned up to 2,200ppm

Nickel, copper and cobalt locally elevated (up to 365ppm, 114ppm and 318ppm respectively) within the alteration zone at Gizmo.

Ken Wheatley, Vice President, Exploration, commented, "We are quite pleased to see the combination of the extreme alteration and elevated geochemistry at the Gizmo gravity target. Drill hole WO-02 has the strongest uranium mineralization and the depth of the alteration is increasing to the south. The EM conductor also lies to the west and north of this fence, so further drilling will investigate these areas. This is a great start for our first drill program on this project that has rapidly become one of our premium projects." […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet