Forum Uranium (TSXV:FDC) reported positive assay results from its 2014 winter drill program at the Northwest Athabasca joint venture. In total, 2,911 meters in 13 holes were drilled on five separate targets.
As quoted in the press release, highlights of the results included:
- Maurice Bay Deposit* – 1.61% U3O8 over 5.5 m
- Otis West – 0.95% U3O8 over 0.3 m within a 30 m wide zone of radioactivity
- Zone A- 263 ppm U3O8 over 4.8 m
- Maurice Bay East – 166 ppm U3O8 over 1.8 m and up to 0.56% boron
Further drilling is recommended on all four target areas, in addition to evaluation of numerous other gravity targets along favourable structural settings on the property.