Uranium

Forum Uranium Corp.(CVE:FDC) reports the beginning of a geophysical program to define drill targets on the NW Athabasca property, under option from Cameco Corporation (TSE:CCO,NYSE:CCJ).

Forum Uranium Corp.(TSXV:FDC) reports the beginning of a geophysical program to define drill targets on the NW Athabasca property, under option from Cameco Corporation (TSX:CCO,NYSE:CCJ).

The press release is quoted as saying:

The Maurice Bay deposit (with a historical resource* of 1.5 million pounds uranium grading 0.6% U3O8 at a depth of 50 metres), Zone 2A, and three other areas of surface mineralization (Figure 1: http://media3.marketwire.com/docs/FDC0405.pdf) show that near-surface uranium mineralization is widespread on this project. Drill targets have also been identified on Forum’s 100% owned Maurice Point project which surrounds the Maurice Bay property.

Click here to access the entire news release.

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