| Announcement Date: | 2023-11-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Forum Energy Metals Corp. |
| Project name: | Thelon Basin |
| Location: | Canada |
| Commodities: | Uranium |
| Highlight: | Drilling results incl. 7.6m at 3.51% U from 148.1m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, B.C., November 7, 2023 – Forum Energy Metals Corp. (TSX.V: FMC; OTCQB: FDCFF) (“Forum” or the “Company”) announces historical assay results 25 metres to the east-northeast of the 2023 summer drilling on its Thelon Basin uranium project located 100 km west of Baker Lake, Nunavut. Forum holds a 100% interest in 95,500 hectares of ground adjacent to Orano’s 133 million pound Kiggavik uranium project*. Interpretation of historic uranium assay results from drilling in 2010 and 2011 on trend from Forum’s drilling on the Tatiggaq deposit this summer confirms the potential to extend mineralization for up to 1.25 kilometres |
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