Foremost Clean Energy Ltd C.FAT

Alternate Symbol(s): FMST

Metals & Mining Industrial Metals & Minerals

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

Foremost Clean Energy Ltd

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Comment by Anonxmason Apr 06, 2018 11:49pm

142 Views

Post# 27846695

RE:Result analysis

Anonxmas wrote:
There is lots more to this than simply what I am saying here, but...

I am posting this so that when we get our results (this month) people that don’t get it (people like leaf) can start to figure out a ‘quick and dirty’ valuation of FAT. NMX have more than x4 the number of shares that FAT has; with a share price nearly x3.5 higher than FAT, NMX has a market cap value that is over x14 times more than FAT.

Get ready people, we are about to go on a BIG run.

Here is the NMX information you may wish to compare our results with, once published:

NMX
The final mineral resource estimates within the open pit are reported at a cut-off of 0.3% Li2O and totals 16.953 Mt, with an average grade of 1.57% Li2O in the Measured category, 20.403 Mt, with an average grade of 1.41% Li2O in the Indicated category, with an additional 6.687 Mt, with an average grade of 1.37% Li2O in the Inferred category.

The underground mineral resource estimates are reported at a cut-off of 0.60% Li2O and totals 12,000 t of measured resources at an average grade of 1.87% Li2O, 233,000 t of indicated resources with an average grade of 1.59% Li2O and 9.376 Mt of inferred resources with an average grade of 1.39% Li2O.

Whabouchi Deposit in Pit Mineral Resource Estimate

read more at:
https://www.nemaskalithium.com/en/whabouchi/lithium-resources-reserves/