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Forum Uranium Sets Initial Drill Program for Fir Island Project

Investing News Network
Jan. 13, 2015 07:47AM PST
Company News

Forum Uranium Corp. (TSXV:FDC) detailed achievements in 2014 and exploration plans for 2015. Forum is preparing for an initial drill campaign on its 100% owned Fir Island project on the Centennial- Black Lake Structural Corridor and is evaluating data from the recent drilling at its 100% owned Clearwater project, which is on trend with Fission Uranium’s Patterson Lake South (PLS) discovery.

Forum Uranium Corp. (TSXV:FDC) detailed achievements in 2014 and exploration plans for 2015. Forum is preparing for an initial drill campaign on its 100% owned Fir Island project on the Centennial- Black Lake Structural Corridor and is evaluating data from the recent drilling at its 100% owned Clearwater project, which is on trend with Fission Uranium’s Patterson Lake South (PLS) discovery.

As quoted in the press release:

Plans for 2015

  • Results from a drill campaign this past December on Forum’s Clearwater project (under option to Uracan to earn a 51% interest) are expected within a month. Uracan plans to evaluate all the data with a view to recommending further drilling. Forum is Operator of the Clearwater Project.
  • Drill 3,000 metres at the 100% owned Fir Island project on the Centennial- Black Lake trend in February. A number of targets have been identified through methodical geophysical, geochemical, geological and prospecting programs conducted by Forum and the previous owner.
  • Forum will continue exploration and seek partnership interest on its portfolio of properties in the Athabasca and Thelon Basins – North Thelon (100%), Henday (40% Forum with 60% partner Rio Tinto), Key Lake Road (100%), Maurice Point (100%) and Northwest Athabasca Joint Venture (38.7% majority Forum interest with partners Cameco, AREVA and NexGen). In addition, Forum will continue to seek properties of merit through acquisition.

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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