Diamond drilling has commenced at the Zone 2A area, and SJ Geophysics has initiated ground EM and Resistivity surveys on the Spring Bay area on the Northwest Athabasca Project in Saskatchewan's Athabasca Basin Forum Energy Metals Corp. and Global Uranium Corp. are pleased to announce that it has commenced its diamond drilling program, as well as ground geophysical surveys on the Northwest Athabasca Project, located along [...]
Forum Energy Metals Corp. announces drill results for the Ayra, Loki and Ned grids. The Ayra and Loki grids host strong clay alteration and elevated uranium values up to 72.8 ppm in the sandstone and 323 ppm in the basement. This is the first evidence of major unconformity-style uranium mineralization at the sandstone/basement contact in the Thelon Basin. These targets have the potential for the discovery of Tier One [...]
A combined ground EM and Resistivity survey will begin in early March on the Spring Bay target Forum Energy Metals Corp. and Global Uranium Corp. are pleased to announce that camp construction on the Northwest Athabasca Project has been initiated. In addition, plans are underway to conduct a Time Domain Electromagnetic Survey and Direct Current Resistivity and Induced Polarization Survey on its Spring Bay target located [...]
Mobilization underway for a drill program on the Northwest Athabasca Project in Saskatchewan's Athabasca Basin Forum Energy Metals Corp. and Global Uranium Corp. are pleased to announce that the exploration permit has been received and exploration is underway on the Northwest Athabasca Project, located along the northwest shore of Lake Athabasca in Saskatchewan, Canada . Global entered into an option agreement with Forum [...]
Reprocessing of historical EM data has added greater targeting certainty and will help augment a planned winter 2025 drill program on the Northwest Athabasca Project in Saskatchewan's Athabasca Basin Forum Energy Metals Corp. and Global Uranium Corp. are pleased to announce the completion of data compilation and reprocessing of historical EM geophysical surveys to optimize the upcoming drill program on the Northwest [...]
Forum Energy Metals Corp. announces drill results for the Qavvik anomaly, its second basement hosted deposit located within Forum's 100% owned Aberdeen Project. This highly successful program intersected a 296-metre-wide zone of uranium mineralization with grades up to 8.2% U3O8 in a newly identified lense and resulted in more than 20 assays with grades greater than 1% U3O8. Mineralization is open to the northeast and [...]
Forum Energy Metals Corp. announces that, further to its news releases of December 16th, December 24th , 2024 and January 15th, 2025, it has closed the final tranche of its non-brokered private placement and raised an additional $518,000 through the issuance of 6,475,000 common shares at a price of $0.08 per share . All shares issued are subject to a four month hold period expiring May 16, 2025. Proceeds raised from the [...]
Join Forum Energy Metals at the AMEBC Roundup Conference held at the Vancouver Convention Center East. Forum's exploration team will be available at booth #920 in the Core Shack to review and discuss drill core from the 2024 drilling program at the Aberdeen Uranium Project located in the Thelon Basin, Nunavut on Wednesday January 22 and Thursday January 23. Dr. Rebecca Hunter, Vice President of Exploration will also be [...]
Forum Energy Metals Corp. announces that, further to its news release of December 16, 2024, it has increased its non-brokered private placement to $1,350,000 from the previously $1,250,000 through the issuance of a combination of shares at a price of $0.08 per Share and flow through units at a price of $0.10 per FT Unit . All aspects of the Offering remain as disclosed in the December 16th news release. The securities [...]
Forum Energy Metals Corp. announces assay results from the remaining eight drill holes for the Tatiggaq anomaly completed as part of the 2024 exploration program on its 100% owned Aberdeen property in Nunavut, Canada. These drill holes were designed to test sub-parallel structures within the Tatiggaq gravity anomaly at significant step out intervals, demonstrating the large- scale potential of the project with the [...]
Forum Energy Metals Corp. announces that, further to its news release of December 16, 2024, it has closed the first tranche of its non-brokered private placement and raised $832,000 through the issuance of 8,320,000 flow through units at a price of $0.10 per FT Unit. Each FT Unit is comprised of one flow through common share and one-half of one share purchase warrant . Each whole Warrant is exercisable to purchase one [...]
Forum Energy Metals Corp. announced today that the Company is not aware of any undisclosed material information that might be contributing to the recent decline in the Company's share price. As announced in its news release dated December 16th, 2024, the Company is raising $1,250,000 which consists of a combination of shares and flowthrough units. Common shares are being purchased by its strategic investor and insiders [...]