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FORUM ENERGY METALS CORP - FDCFF STOCK NEWS

Welcome to our dedicated page for FORUM ENERGY METALS news (Ticker: FDCFF), a resource for investors and traders seeking the latest updates and insights on FORUM ENERGY METALS stock.

Forum Energy Metals Corp. (FDCFF) is a company focused on the discovery of high-grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan, and the Thelon Basin, Nunavut. Additionally, the company holds a diverse energy metal portfolio of copper, nickel, and cobalt projects in Saskatchewan and Idaho. Recent achievements include entering into an agreement with Investing News Network for an investor awareness campaign and commencing construction of a drill camp on the Aberdeen Uranium Project. The company's exploration programs aim to target cross-cutting faults and gravity lows to identify potential uranium mineralization. Forum Energy Metals Corp. is committed to advancing its projects efficiently and responsibly.

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Forum Energy Metals Corp. (TSXV: FMC, OTCQB: FDCFF) has entered an option agreement with Global Uranium Corp. The agreement allows Global to acquire up to 75% of Forum's interest in the Northwest Athabasca Joint Venture, a project for uranium exploration and development in Saskatchewan. Global can initially acquire 51% by making staged payments totaling $225,000, issuing 1,000,000 shares, and contributing up to $9 million by 2027. Upon completing this, Global can acquire an additional 24% by contributing up to $11 million between 2029 and 2031. The agreement is subject to TSX Venture Exchange approval. Key targets include the Maurice Bay deposit and Spring Bay area.

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Forum Energy Metals has started constructing a drill camp at its Aberdeen Uranium Project in Nunavut, Canada, adjacent to the Kiggavik uranium deposit. The camp will support a 10,000-meter drill program beginning mid-June. Inuit-owned Peter's Expediting transported drills and equipment to the site, while Discovery Mining Services is building the 30-person camp. Follow-up drilling will target the Tatiggaq deposit, where previous drilling showed uranium mineralization over a 1.5 km area. Dr. Rebecca Hunter, VP of Exploration, noted that the geological team is analyzing recent Ambient Noise Tomography results for June's drill targets.

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Forum Energy Metals will be presenting at the Metals Investor Forum in Vancouver, BC on May 10-11, 2024. The company's President & CEO, Richard Mazur, and Vice President of Exploration, Dr. Rebecca Hunter, will be in attendance. Dr. Hunter will provide an update on Forum's high-grade uranium discovery in the Thelon Basin, Nunavut. Forum is gearing up for a $10 million summer drill campaign and focusing on the Tatiggaq deposit. Investors can register for the event online. For inquiries about Forum's projects, contact Rick Mazur.

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Forum Energy Metals will be presenting at the Energy Transition Metals Summit in Washington, DC on April 29-30, 2024. The company's President & CEO, Richard Mazur, and Vice President of Exploration, Dr. Rebecca Hunter, will be available for meetings to update investors on Forum's high-grade uranium discovery in the Thelon Basin, Nunavut. Forum is set to kick off a $10 million summer drill campaign in June focusing on the Tatiggaq deposit in Nunavut, adjacent to Orano's Kiggavik uranium development project. For technical meetings and partnering inquiries, interested parties can contact Rick Mazur, President & CEO.
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Forum Energy Metals Corp. conducted an Ambient Noise Tomography (ANT) survey at the Tatiggaq anomaly, establishing new drill targets over a 1+ km extension along the Tatiggaq fault zone in Nunavut. The survey potentially imaged the depth and location of mineralized bodies, aiding in precise drilling. The survey results suggest additional mineralized bodies to the east-northeast at similar depths to known mineralization. Forum's Aberdeen Project, adjacent to Orano's Kiggavik uranium project, shows promising results for uranium exploration. The Tatiggaq deposit consists of Main and West Zones with high-grade mineralization hosted in steep, south-dipping fault zones. The ANT survey, conducted by Patterson Geophysics Inc., utilized 475 seismic NRUs to detect seismic waves and image the subsurface. Ongoing data processing by Ambient Reservoir Monitoring Inc. is expected to provide further insights for targeting uranium mineralization.
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Forum Energy Metals Corp. appoints Dr. Peter Wollenberg to its Technical Advisory Board. Dr. Wollenberg brings extensive experience in uranium exploration and discovery, particularly in the Thelon Basin. His expertise is expected to aid Forum in its exploration efforts at the Aberdeen project. Additionally, the Company grants incentive stock options to employees and consultants.
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Forum Energy Metals Corp. announces the mobilization of equipment and second drill for uranium exploration in Nunavut. The company plans a 10,000-meter drill program following successful results in 2023, with significant uranium mineralization intersected. Forum Energy Metals Corp. focuses on high-grade uranium deposits in the Athabasca Basin and Thelon Basin, along with a diversified energy metal portfolio.
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Forum Energy Metals Corp. enters into a $30,000 agreement with Investing News Network for an advertising campaign. The company also grants 100,000 stock options to a consultant at $0.15 per share.
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Forum Energy Metals Corp. (FDCFF) to Showcase at PDAC Convention in March 2024
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Forum Energy Metals to Present at Red Cloud Pre-PDAC Mining Showcase and PDAC Convention, Highlighting Uranium Discoveries and Energy Metal Projects
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FAQ

What is the current stock price of FORUM ENERGY METALS (FDCFF)?

The current stock price of FORUM ENERGY METALS (FDCFF) is $0.0461 as of December 20, 2024.

What is the market cap of FORUM ENERGY METALS (FDCFF)?

The market cap of FORUM ENERGY METALS (FDCFF) is approximately 15.2M.

What is Forum Energy Metals Corp. focused on?

Forum Energy Metals Corp. is focused on the discovery of high-grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan, and the Thelon Basin, Nunavut.

What recent achievements has Forum Energy Metals Corp. announced?

Forum Energy Metals Corp. recently entered into an agreement with Investing News Network for an investor awareness campaign and commenced construction of a drill camp on the Aberdeen Uranium Project.

What are some of the exploration targets of Forum Energy Metals Corp.?

Forum Energy Metals Corp. aims to target cross-cutting faults and gravity lows to identify potential uranium mineralization in its exploration programs.

What is Forum Energy Metals Corp.'s approach to advancing its projects?

Forum Energy Metals Corp. is committed to advancing its projects efficiently and responsibly to achieve its exploration goals.

FORUM ENERGY METALS CORP

OTC:FDCFF

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FDCFF Stock Data

15.19M
279.65M
5.06%
0.21%
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