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    Forum Uranium Begins Drilling At Northwest Athabasca JV

    Investing News Network
    Mar. 24, 2014 11:33AM PST
    Company News

    Forum Uranium Corp. (TSXV:FDC) has commenced follow-up drilling at the Northwest Athabasca joint venture, held 64% jointly by Forum and NexGen Energy Ltd.

    Forum Uranium Corp. (TSXV:FDC) has commenced follow-up drilling at the Northwest Athabasca joint venture, held 64% jointly by Forum and NexGen Energy Ltd.

    As quoted in the press release:

    This drill program is designed to determine the eastern extent of the mineralization discovered at Otis West and its extension on to the Otis East gravity target, both of which lie on the south side of the 1.5 million pound Maurice Bay deposit* (See Figure 1) and extend for one kilometre within strong side by side gravity lows. In addition, planned drilling will also test basement targets identified below the unconformity style Maurice Bay deposit, Zone “A” (historic grades of up to 6m of 5.64% U3O8 at a depth of 113m to 119m drilled in 1978 by Uranerz Exploration and Mining, a predecessor company of Cameco Corporation) and an untested gravity low on the east side and on strike with the Maurice Bay deposit (MB East).

    Click here to read the Forum Uranium Corp. (TSXV:FDC) press release
    Click here to see the Forum Uranium Corp. (TSXV:FDC) profile.

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