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Forum Energy Metals Corp V.FMC

Alternate Symbol(s):  FDCFF

Forum Energy Metals Corp. is a Canada-based company, which is focused on the discovery of high-grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. The Company is engaged in the business of evaluating, and if deemed appropriate, acquiring and exploring natural resource properties. The Company’s projects include Aberdeen, Fir Island, Clearwater, Costigan, Nutaaq, Grease River, Henday, Highrock, Maurice Point, NW Athabasca, Wollaston, Fisher, Janice Lake, Love Lake, Quartz Gulch, and Still Nickel. It holds a 100% interest in 95,519 hectares of ground adjacent to Orano’s 133-million-pound Kiggavik uranium deposit located 100 kilometers (km) west of Baker Lake, Nunavut. Fir Island is located approximately five km northeast of the community of Black Lake, on the northeast edge of the Athabasca Basin. The Clearwater Project is located on the southwestern edge of the Athabasca Basin in northern Saskatchewan.


TSXV:FMC - Post by User

Bullboard Posts
Post by minigoonon Oct 05, 2020 10:29am
156 Views
Post# 31666357

i take today's N/R as a positive

i take today's N/R as a positiveRick Mazur, president and chief executive officer, stated: "Forum gains 100-per-cent title and interest in the Janice Lake property two years ahead of schedule and saves $150,000 in option payments. Immediate 100-per-cent ownership by Forum is an important step forward for the advancement of the Janice Lake project as Rio Tinto explores the property under its option with Forum."

 Looks like Rio Tinto doesn't want anyone else in on their working interest with Forum before they announce there big drilling budget.


Bullboard Posts