The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Investing

Forum Energy: Camp Construction Begins; 10,000 Metre Drill Program to Commence Soon at the Aberdeen Uranium Project, Thelon Basin, Nunavut

by May 21, 2024
May 21, 2024
Forum Energy: Camp Construction Begins; 10,000 Metre Drill Program to Commence Soon at the Aberdeen Uranium Project, Thelon Basin, Nunavut

Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (‘Forum’ or the ‘Company’) announces it has commenced construction of its drill camp on the Aberdeen Uranium Project, located adjacent to Orano’s 133 million pound Kiggavik uranium deposit in the Thelon Basin, Nunavut. Forum’s contactor, Inuit-owned Peter’s Expediting Ltd. completed 11 trips of drills, camp and other equipment by sled train to the site located 120 kilometres west of Baker Lake, Nunavut. The snow has cleared and Discovery Mining Services of Yellowknife, NWT has commenced construction of a 30-person drill camp to support a 10,000 metre drill program by mid-June. Follow-up drilling will focus on building a resource identified by four holes drilled over a 200-metre strike length into the Tatiggaq deposit in 2023 which intersected up to 2.25% U3O8 over 11.1 metres. The structure hosting uranium mineralization at Tatiggaq extends for 1.5 kilometres within a highly altered uranium mineralized system.

Dr. Rebecca Hunter, Vice President, Exploration commented, ‘Forum’s geological team is evaluating the recent Ambient Noise Tomography (ANT) results to establish initial targets for the June drill program.’

Figure 1 Fuel tanks, sea containers with drills, camp materials and other equipment were successfully transported by sled train to the site of the Aberdeen drill camp by Inuit-owned contractor, Peter’s Expediting Ltd. A 10 person crew with helicopter support from Forest Helicopters, Kenora, Ontario has been mobilized to build the camp for this summer’s drill program.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4908/209912_969bbecc74ad79cf_003full.jpg

About Forum Energy Metals

Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is focused on the discovery of high grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut.

For further information: https://www.forumenergymetals.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo.
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

Rick Mazur, P.Geo., President & CEO
mazur@forumenergymetals.com
Tel: 604-630-1585

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209912

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Progressive senator backs potential ICC arrest warrant for Netanyahu: ‘Unprecedented war’
next post
Coniagas Battery Metals Engages SGS in Quebec to Propel Strategic Funding and Technological Advancements for Re-2Ox and Eventual Production Facility

You may also like

West High Yield (W.H.Y.) Resources Ltd. Announces Private...

NEVADA SUNRISE CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT

WOA Proprietary Technology Successfully Adapted to Produce Pea...

Top 5 Small-cap Medical Device Stocks (Updated January...

Initial Exploration Program Completed at Cosmo Gold Project

Quetzal Copper Announces Closing of Financing

Baselode and Ya’thi Nene Lands and Resources Sign...

Minim Martap Project Update

Principal Technologies

13 Canadian Crypto ETFs (Updated 2025)

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s...

    • Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

    • Diver dies in preliminary operations to recover tech tycoon’s sunken superyacht

    • Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

    • Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

    Categories

    • Business (1,633)
    • Investing (4,792)
    • Politics (7,543)
    • World (6,131)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top