Forum Uranium Plans Winter Drilling Program in the Athabasca Basin

Forum Uranium Corp. (TSXV:FDC) announced that plans are underway for a drill program in the winter of 2016 on its 100% owned Highrock project.
As quoted in the press release:

Results of gravity surveys completed on the Highrock North and Highrock South claims are very positive with the identification of a number of gravity lows, which may be indicative of zones of alteration, clay development and uranium mineralization along very strong EM conductors on the property.  The combination of gravity low anomalies in conjunction with electromagnetic anomalies has proven to be a very successful exploration technique in the discovery of the Arrow deposit by NexGen Energy Ltd.

Figure 1: Location of the Highrock Project.

As the Highrock projects lie just outside the southern edge of the Athabasca Basin, the shallow, basement hosted targets are well within open-pit mining limits. Forum plans an eight hole – 1,500 metre drill program. Infrastructure in the Highrock area is excellent as the all-weather mine road and powerline to the Key Lake mill site runs approximately 10km west of the property.  

Figure 2: Ground Gravity Map of the Highrock Project. White ellipsoids mark target areas that are gravity lows (dark blue) in combination with long linear electromagnetic trends (black lines).

Forum Uranium Vice President, Exploration Ken Wheatley stated:

The proximity to the Key Lake mine, the strength of the conductive trend which we interpret to be the same basal graphitic unit that hosted the 200 million pound Key Lake uranium deposit and the quality of the gravity lows make this a high priority, near surface target for exploration.

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