Forum Uranium Acquires 100% Interest in Highrock South Property

Forum Uranium Corp. (TSXV:FDC) recently acquired a 100% interest in the Highrock South property in the Athabasca Basin. The property consists of 1,381 hectares and is located 15 km south of the Cameco/AREVA Key Lake Uranium Processing facility. The Highrock South property is a continuation of the prospective Key Lake / Black Forest conductive trend that hosts Cameco’s Key Lake uranium deposits, furthermore, the property also compares favorably to the Patterson Lake discovery.

According to the press release:

This acquisition is strategic to Forum’s other properties in the Key Lake Area, and significantly expands Forum’s Highrock claims (see Figure 1). Highrock and Highrock South were the subject of limited historical exploration, conducted in the late 1970′s, which included overburden drilling. Anomalous uranium values were encountered in several overburden drill holes, which will require follow-up work.

Click here to view the full press release.