Saskatchewan (Athabasca Basin) and Nunavut (Thelon Basin) Uranium Projects
- Nunavut Uranium Project: Forum 100 percent – Nunavut’s Thelon Basin may be the most prospective region in the world for discovering new, high-grade uranium deposits outside Saskatchewan’s Athabasca Basin.
- Wollaston Uranium: Forum 100 percent – Located in eastern Athabasca Basin. Follow-up drilling planned after maiden drilling intersected anomalous uranium and extreme alteration at the Gizmo target.
- Highrock Uranium: Forum 100 percent - On trend with Cameco’s past-producing Key Lake Mine (Sassy Resources earn-in option).
- Fir Island: Northeastern edge of the Athabasca Basin (Orano Canada Option to earn 70 percent). Winter 2023 drilling planned after completion of an extensive resistivity survey.
- Northwest Athabasca Joint Venture: Forum 39.5 percent, NexGen 28 percent, Cameco 20 percent, Orano 12.5 percent – 5,000 m winter 2023 drill program planned. The project hosts the historical 1.5-million-lb Maurice Bay deposit grading 0.6 percent uranium oxide to a depth of 50 meters (Not NI 43-101 compliant. Sufficient exploration work has not been completed to verify and classify as a current mineral resource, but the estimate is considered relevant and reliable due to extensive exploration work completed by previous operators and sourced from Saskatchewan Industry & Resources Miscellaneous Reports 2003-07).
- Maurice Point: Forum 100 percent.
- Grease River: Forum 100 percent.
- Henday: Rio Tinto 60 percent / Forum 40 percent.
- Costigan: Forum 100 percent – On trend with Cameco’s past-producing Key Lake mine.
- Clearwater: Forum 75 percent / Vanadian 25 percent – Patterson Lake Corridor, Western Athabasca Basin.
Forum Energy Metals (TSX.V: FMC - OTCQB: FDCFF) is an established uranium explorer searching for high-grade deposits in Saskatchewan’s Athabasca Basin, home to the most valuable uranium real estate in the world. The company is also pursuing exploration in Nunavut’s Thelon Basin, which may be the most prospective region for discovering new, high-grade uranium deposits outside Saskatchewan. With a strong local and regional presence, Forum took advantage of weak markets to broaden its commodity exposure by adding a diverse portfolio of energy metals exploration projects in the copper, cobalt and nickel space.