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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
Comment by bigdog343on Jul 24, 2017 2:22pm
73 Views
Post# 26502305

RE:Timeframe to mine

RE:Timeframe to mine
wilwal wrote: A simple quarry operation takes 4 years to get up and running from the beginning of the exploration stage.   For those who are familiar with XMG's Driftwood project, you will know that they have been into Driftwood for 3 years now and their simple quarry operation (much simpler than FAT's thin dykes that need a lot of interpretation) is nowhere to be seen yet.  They don't even have a PEA yet, let alone a bankable Feasibility Study to finance the operation.

I made similar statements on the XMG site two years ago and the pumpers went ballistic there too. Some of them probably knew better too.  Lazerson had no idea how long it would take when I first talked to him and he was making wildly optimistic timeframes. 

For FAT, they have drilling to do yet to get the 3D modeling done sufficiently just to get a maiden 43-101 Resource Report with actual tonnage, let alone all the infill drilling they have to do to do a mining plan. There is a huge amount of work to do to delineate this resource.

Sorry guys, I have been on this train too many times in the past. If you don't want the truth, listen to the pumpers and put me on ignore....... thank you.


Keith will seel this before he takes this to a mine.   He just now proviing up more dykes.   then comes the numbers on paper.  wammo  its a done deal.   imo
Bullboard Posts