Forum Uranium Announce Rio Tinto Exploration Commences a Resistivity Survey on Forum's 40% Owned Henday Property

VANCOUVER, BC / ACCESSWIRE / October 4, 2016 / Forum Uranium Corp. (TSXV:FDC) announces that Rio Tinto Exploration (“RTX”) has commenced an 81 line km DCIP resistivity survey by Discovery International Geophysics Inc. on the Henday property held 60% by RTX and 40% by Forum. The survey is following up target areas that were drilled this past winter and one new target area. The survey is a pole-dipole and pole-pole array type with receiver dipole lengths of 50m and current injection intervals every 25m which should be completed by mid-October.
The survey comprises a total coverage of 81 line-kilometers as follows:

• Epitaph Block: Approximately 20.9 line-kilometres of resistivity surveying on 9 lines spaced at 300m;
• Hollow Lake Block: Approximately 55.6 line-kilometres of resistivity surveying on 12 lines spaced at 200m; and
• Poseidon Block: Approximately 4.5 line-kilometres of resistivity surveying on 3 lines spaced at 400m.

This past winter RTX completed a 15 hole, 5,340.3m drill program on three target areas on the Henday Property (see news release dated May 18, 2016), located northeast of Rio Tinto’s Roughrider uranium deposit nearby the AREVA/Denison McClean Lake mill in Saskatchewan’s Athabasca Basin. Six holes were drilled in the Hollow Lake target area, 6 holes in the Elephant target area, and 3 holes in the Epitaph target area. Of highlight was hole 16HDY007 at Hollow Lake which intersected anomalous uranium mineralization in two discrete 0.3m uranium-bearing fractures at 177.4m and 182.4m, respectively. Assay results indicated the fracture at 177.4m contained 523 parts per million (ppm) uranium total digestion (U_TD), whereas the fracture at 182.4m contains 469ppm U_TD.
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