Forum Encounters Strong Uranium Values in Lake Sediments at Clearwater Claims

Company News

Forum Uranium Corp. (TSXV:FDC) released results from a lake sediment survey recently completed in the southern part of its 100% owned Clearwater project.

Forum Uranium Corp. (TSXV:FDC) released results from a lake sediment survey recently completed in the southern part of its 100% owned Clearwater project. Eleven samples were taken, with strong values ranging from 12 to 18ppm uranium found in a small lake bordering a magnetic high interpreted to be part of the Clearwater intrusive complex. According to the company, the results are significant as they are nine times higher than background values of 1 to 2ppm uranium in the area along the interpreted fertile Patterson Lake South Conductor.

According to the press release:

The contact between this complex and the metasediments to the east may provide a competency contrast for fault development and a structural path for migrating uranium-bearing fluids. The anomalous values are located down-ice from the structural contact. The historic value for this lake was 8ppm uranium. A second lake, located in the center of the metasediments that host the graphitic EM conductors, returned 5ppm uranium which is comparable to historic values of up to 4ppm uranium at PLS.

Click here to view the full release. 

The Conversation (0)
×