Forum Energy Metals Receives Drill Permit at Wollaston Uranium Project, Athabasca Basin, Saskatchewan

Ken Wheatley, Forum’s Vice President, Exploration stated, "We are quite excited about this drill program, bringing new techniques and models to an older project in an area that is prolific for uranium deposits. We will be testing targets that exhibit a combination of structurally offset graphitic conductors with associated gravity lows. Any mineralization found would provide the nearby Cameco and Orano/Denison uranium mills with easy access to mill feed."

Rick Mazur, President & CEO commented, "We commend the Hatchet Lake Denesuline First Nation for their input on the project parameters during the engagement process and their collaboration in providing services to Forum for execution of this drill program."

The Wollaston project is located just outside the margin of the overlying Athabasca sandstone and is prospective for basement-hosted unconformity style uranium deposits (Eagle Point, Arrow). The northeastern area of the Athabasca Basin is well endowed with uranium deposits that […]

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