- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Silver47 Exploration
Purpose Bitcoin ETF
Jindalee Lithium
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Forum Uranium Corp. (TSXV:FDC) announced that drilling has commenced on its 100% owned Highrock project, located approximately 15 km south of the Key Lake mine and mill site.
Forum Uranium Corp. (TSXV:FDC) announced that drilling has commenced on its 100% owned Highrock project, located approximately 15 km south of the Key Lake mine and mill site.
As quoted in the press release:
An eight hole – 1,500 metre drill program will test several shallow, basement hosted uranium targets. The Highrock claims lie just outside the southern edge of the Athabasca Basin where high grade, basement hosted deposits such as Fission’s Triple R deposit can be found at shallow depths. Infrastructure in the Highrock area is excellent and includes a nearby all-weather road and powerline to the Key Lake mill site, approximately 10km west of the properties.
Positive gravity survey results from earlier programs completed on the Highrock North and Highrock South claims identified a number of gravity lows, which may be indicative of zones of alteration, clay development and uranium mineralization along very strong electromagenetic (EM) conductors on the property (Figure 2). The combination of gravity low anomalies in conjunction with EM anomalies has proven to be a very successful exploration technique on Forum’s Northwest Athabasca Joint Venture and in the discovery of the Arrow deposit by NexGen Energy Ltd.
Forum Uranium Vice President, Exploration, Ken Wheatley, stated:
This strong conductive trend, which we interpret to be the same basal graphitic unit that hosted the 200 million pound Key Lake uranium deposit, coupled with the quality of the gravity lows, make this area a high priority, near surface exploration target.
Connect with Forum Uranium Corp. (TSXV:FDC) to receive an Investor Presentation.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.