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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 TFSAfundson Apr 05, 2019 12:16pm
110 Views
Post# 29588120

RE:RE:RE:RE:RE:RE:News coming

RE:RE:RE:RE:RE:RE:News coming
goldbug83 wrote: If assays come back from the lab and there's anomalies in the results from the samples that FAT took before sending to the lab then the anomnalies get retested at the lab before there is a news release otherwise the company would be report false grades. Also none of these drill results will be "newsworthy" or "material change" because everyone knows spodumene lithium concentrations should be in the 1-2% range. It's expected. The big news was they found new dykes, 13 total dykes so far! This drill campagin was done to setup the next one which will be a big, I'm hoping for 10,000 - 15,000m for the summer. One drill hole at a newly discovered dyke that hits spodumene is great but they need dozens of holes to define the size and tonnage and create a 3D model of the dyke. That was the point of Phase 5, to show how vast and spread out lithium-bearing spodumene occurs on FAT's property. Next Phase brings tonnage.


Are we going to go through this again??? Are we stuck in a loop here? Why must some constantly make excuses for the Company? Lately, too much time releasing results has meant less than stellar numbers... does it apply here again? Simple visual inspection of the drill cores would let them know if they've got something (remember the pictures of rows of core a couple of years ago), and they could request the lab to expedite! I hope I am wrong, but I really don't think this drill campaign is going to help the S/P. Maybe the next drilling... hopefully.

As far as 10k - 15k metres of drilling in the summer... when was the last time any drilling was done during the summer months here? Surface sampling is all they do.

Bullboard Posts