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Foremost Clean Energy Ltd C.FAT

Alternate Symbol(s):  FMST

Foremost Clean Energy Ltd, formerly Foremost Lithium Resource & Technology Ltd., is a uranium and lithium exploration company with interests in 10 prospective properties spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin. The Company also maintains a secondary portfolio of lithium projects at different stages of development spanning over 50,000 acres across Manitoba and Quebec. Seven properties comprise its Easern Athabasca Uranium Properties, which include Murphy Lake South, Hatchet Lake, Turkey Lake, Torwalt, Marten, Wolverine and Epp Lake. Its Blue-Sky uranium projects located within the western portion span approximately 102,000 hectares in the Athabasca Basin consisting of three projects: Blackwing, GR Property and CLK Property. Its lithium projects include Zoro Lithium Project, Jean Lake Lithium-Gold Project, Peg North Project, Grass River Claims Project, and Jol Lithium Project. Winston Group of Properties is its Gold and Silver Project.


CSE:FAT - Post by User

Bullboard Posts
Post by HinduKushOGon Mar 02, 2017 8:53am
220 Views
Post# 25917832

Big Growth for Big News

Big Growth for Big News

After anaylzing the news put forth by far resource i was able to point out some of the crucial points of the article:

 

-     right to acquire an additional 4 unpatented mining claims, the “Little Granite” claims, and 2 patented mining claims,
-    The Winston Project consists of 16 unpatented mining claims, the “LG Claims”,
-       the Company has agreed to purchase a 100% interest in the Winston Project for $100,000 cash and 2,500,000 common shares
-     Far Resource’s focus initially will be on the Little Granite Mine, where limited drilling in the mid-1980s intersected high grade silver and gold values over approximately 120 metres strike length along a well-defined epithermal vein system. The vein remains open to the north and south, and at depth.
- Hiring consultants for the exapnsions of 2 on-going projects. 

 

Seems like FAT has big ambitions and it wont be too long until they are amongs the higher market cap miners like previosuly mentions Rock Tech , Nemeska . PDAC is coming up and im assuming with the companys trend opf putting out news we should be hearing something in the coming week after PDAC about the zoro project. This is exciting. 

Bullboard Posts