Forum Uranium Gravity and Soil Surveys Identify Multiple Drill Targets on Fir Island Project, Athabasca Basin, Saskatchewan

Company News
TSXV:FDC

Vancouverr, British Columbia–(Newsfile Corp. – November 22, 2016) – Forum Uranium Corp. (TSXV:FDC) is pleased to announce positive results from its summer gravity and till sampling programs on the 100% owned Fir Island project, located along the north rim of the Athabasca Basin, northern Saskatchewan. Fir Island is located 200 kilometres by road to the Areva/Denison McLean uranium processing facility.

Vancouver, British Columbia–(Newsfile Corp. – November 22, 2016) – Forum Uranium Corp. (TSXV:FDC) is pleased to announce positive results from its summer gravity and till sampling programs on the 100% owned Fir Island project, located along the north rim of the Athabasca Basin, northern Saskatchewan. Fir Island is located 200 kilometres by road to the Areva/Denison McLean uranium processing facility.
Highlights

  • Six high interest gravity anomalies were identified by a recent survey along the East Channel Structure where drilling in 2015 discovered strong dravite alteration, anomalous uranium and pathfinder geochemistryand major reactivated thrust faulting.
  • The tills down-ice from three of the six new gravity targets returned anomalous geochemical values in B, Cu, Co, Pb, Ni, Mo and Y, providing excellent targets for future drill programs.
  • Forum plans further ground gravity surveys, till sampling and an airborne electromagnetic survey in 2017prior to drilling.

Read full press release.
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