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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) announces the completion of the acquisition of Rio Tinto Exploration Canada Inc.'s interest in the Janice Lake copper project in northern Saskatchewan, giving Forum a 100% interest in the project. The agreement allows Forum shareholders an optionality play in copper, with significant value added to the project by Rio Tinto. Forum has reviewed the data and determined that copper deposits remain open for extension, and numerous copper showings on the property remain to be drilled. Forum is to grant RTEC a 20% back-in right in Janice Lake and a 2% net smelter royalty capped at $50 million. RTEC may exercise the back-in right at any time, forming an 80/20 joint venture for further development of the project with Forum. Forum is also to pay RTEC $500,000 upon the completion of a PEA, feasibility study, or commercial production, and a further $2,000,000 upon the completion of a feasibility study or commencement of commercial production if a feasibility study is not completed prior to the commencement of commercial production.
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Forum Energy Metals (FMC) to present high grade uranium discovery at 2023 Precious Metal Summit Zurich + Energy Transition Day. CEO Richard Mazur and VP of Exploration Dr. Rebecca Hunter to discuss drill ready portfolio of uranium projects in Athabasca Basin, Saskatchewan. Investors can register for 1 X 1 meetings. Exciting Canadian uranium discovery with geologic equivalent of Athabasca Basin. Property adjacent to Orano's 133 million pound Kiggavik uranium development project.
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Forum Energy Metals Corp. announces historical assay results 25 meters east-northeast of the 2023 summer drilling on its Thelon Basin uranium project. The results confirm the potential to extend mineralization for up to 1.25 kilometers, with an intersection of uranium mineralization showing continuity and consistency of high-grade mineralization. The historical intercepts are impressive, with U3O8 percentages ranging from 1.0% to 3.51% over various meters.
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Forum Energy Metals will be presenting at the Red Cloud Fall Mining Showcase in Toronto, Ontario on November 7-8. The company's Vice President of Exploration will discuss their high grade uranium discovery in Nunavut and their drill ready uranium projects in Saskatchewan. Forum's President & CEO will be available for meetings to update investors on their uranium exploration activities. Contact information for technical meetings and partnering inquiries is provided.
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Forum Energy Metals Corp. announces high-grade uranium mineralization in its Thelon Basin project. Assay results from the summer drill program show intercepts of 2.25% U3O8 over 11.1 metres and 1.01% U3O8 over 6.2 metres. The deposit is a minimum of 50 metres wide and has potential for additional mineralization. Drilling will continue in 2024.
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Forum Energy Metals Corp. announces geochemical results from the Ned anomaly on its Thelon Basin uranium project.
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Forum Energy Metals Corp. announces assay results extending uranium mineralization for 200 metres to the southwest on the Tatiggaq zone at its Thelon Basin uranium project. The mineralization is open along strike, indicating potential for a major basement-hosted unconformity deposit. The Tatiggaq West zone intersected 0.40% U3O8 over 12.8 m, including 1.10% U3O8 over 0.8 m and 1.08% U3O8 over 1.3 m. The entire mineralized zone is 0.28% U3O8 over 24.6 m. Further drilling is required to determine the full extent of the uranium mineralization.
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Forum Energy Metals Corp. announces assay results from its summer drill program on the Thelon Basin uranium project. High-grade uranium mineralization was intersected in the Tatiggaq zone, exceeding expectations. Additional high-grade mineralization was also identified in the Tatiggaq West zone. Assay results for other zones are pending. The potential for major uranium deposits in the area has been demonstrated.
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Forum Energy Metals to present at Energy Transition Session of Beaver Creek Precious Metal Summit
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Forum Energy Metals completes inaugural drill program on Thelon Basin uranium project
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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 $0.039335 as of January 28, 2025.
What is the market cap of FORUM ENERGY METALS (FDCFF)?
The market cap of FORUM ENERGY METALS (FDCFF) is approximately 14.3M.
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
FDCFF Rankings
FDCFF Stock Data
14.31M
293.90M
5.03%
0.21%
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