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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

Post by KozmoTon Nov 17, 2021 1:32pm
348 Views
Post# 34137106

For those that don't believe the Zoro play was

For those that don't believe the Zoro play waseffectively dead here is a direct cut and paste from the company's own 43-101 tech report (why they made and published it is anyone's guess) ... " A current inferred mineral resource estimate is calculated to be 1,074,567 tonnes grading 0.91% Li2O..."  One MT of sub-1% Li2O ... after all those years of exploration THAT is what they came up with. !!

To put it in context ... that is literally WORSE than the original historical estimate of around 1.7 MT of 1.3% grade!!!  With all their drilling they actually reduced the amount of lithium.


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