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Forum Energy - FDCFF STOCK NEWS

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About Forum Energy Metals Corp. (OTCQB: FDCFF)

Forum Energy Metals Corp. is a Canadian-based exploration company focused on the discovery and development of high-grade unconformity-related uranium deposits, primarily within the Athabasca Basin in Saskatchewan and the Thelon Basin in Nunavut. Renowned for their exceptional uranium potential, these regions are globally recognized as prolific sources of high-grade uranium, making Forum Energy Metals a significant player in the nuclear energy supply chain.

Forum operates through a strategic blend of wholly owned projects and joint ventures, leveraging partnerships with industry leaders such as NexGen Energy Ltd., Cameco Corporation, and Orano Canada Inc. The company's flagship projects include the Aberdeen Uranium Project and the Northwest Athabasca Project. At Aberdeen, Forum has identified multiple high-priority targets, including the Tatiggaq and Qavvik deposits, which exhibit potential for both basement-hosted and unconformity-style uranium mineralization. Recent exploration programs have uncovered promising grades and mineralized zones, underscoring the project's potential to evolve into a tier-one uranium district.

In addition to uranium, Forum maintains a diversified portfolio of energy metals, including copper, nickel, and cobalt, with projects located in Saskatchewan and Idaho. This diversification aligns with the growing demand for critical minerals essential to renewable energy technologies and electric vehicle batteries.

Forum's exploration strategy is underpinned by cutting-edge geophysical techniques, such as Ambient Noise Tomography (ANT) and reprocessed historical electromagnetic (EM) data, to refine drill targeting and enhance resource discovery. By focusing on areas with established infrastructure and proximity to existing deposits, the company minimizes logistical challenges and maximizes exploration efficiency.

Forum Energy Metals' commitment to collaboration extends to its engagement with local communities, particularly in Nunavut and Saskatchewan. The company prioritizes workforce development, community investment, and environmental stewardship, ensuring that its exploration activities align with local priorities and sustainable development goals.

With a robust pipeline of projects, strategic partnerships, and a focus on high-grade uranium and energy metals, Forum Energy Metals Corp. is well-positioned to play a pivotal role in meeting the global demand for clean energy resources.

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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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Forum Energy Metals Corp. announces significant gold assay values associated with high-grade uranium mineralization on the Tatiggaq deposit in the Thelon Basin at its Aberdeen uranium project. The company holds a 100% interest in 95,500 hectares of ground adjacent to Orano's Kiggavik uranium deposit. Drilling results show high gold values alongside uranium mineralization, enhancing economic potential. Forum plans a 10,000-meter drill program for the summer to further explore the area's potential for gold-bearing uranium deposits.
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FAQ

What is the current stock price of Forum Energy (FDCFF)?

The current stock price of Forum Energy (FDCFF) is $0.03264 as of March 3, 2025.

What is the market cap of Forum Energy (FDCFF)?

The market cap of Forum Energy (FDCFF) is approximately 12.0M.

What does Forum Energy Metals Corp. specialize in?

Forum Energy Metals specializes in the exploration and discovery of high-grade unconformity-related uranium deposits in the Athabasca Basin and Thelon Basin, as well as a diversified portfolio of energy metals like copper, nickel, and cobalt.

Where are Forum Energy Metals' key projects located?

Forum Energy Metals' key projects are located in Canada's Athabasca Basin, Saskatchewan, and Thelon Basin, Nunavut. The company also has energy metal projects in Saskatchewan and Idaho.

What makes Forum Energy Metals' projects unique?

Forum's projects are strategically located near known high-grade uranium deposits, like the Kiggavik deposit, and leverage advanced geophysical techniques to enhance exploration efficiency and resource discovery.

Who are Forum Energy Metals' key partners?

Forum collaborates with industry leaders such as NexGen Energy Ltd., Cameco Corporation, and Orano Canada Inc. through joint ventures and partnerships.

What is the significance of the Athabasca and Thelon Basins?

The Athabasca and Thelon Basins are globally recognized for their high-grade uranium deposits, making them critical regions for nuclear energy supply and a focus area for Forum Energy Metals.

How does Forum Energy Metals contribute to sustainability?

Forum engages with local communities, prioritizing workforce development, community investment, and environmental stewardship while exploring clean energy resources like uranium and critical minerals.

What exploration techniques does Forum Energy Metals use?

Forum employs advanced geophysical techniques, such as Ambient Noise Tomography (ANT) and electromagnetic (EM) data reprocessing, to refine drill targeting and enhance resource discovery.

What are Forum Energy Metals' diversification efforts?

In addition to uranium, Forum explores energy metals like copper, nickel, and cobalt, aligning with the growing demand for critical minerals in renewable energy and electric vehicle technologies.
Forum Energy

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12.01M
293.90M
4.9%
0.2%
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