Forum Energy Metals Corp V.FMC

Alternate Symbol(s): FDCFF

Energy

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

Forum Energy Metals Corp > LOOKING GOOD.

<< Previous

Bullboard Posts

Next >>

Comment by ElJon Oct 03, 2023 1:51pm

112 Views

Post# 35667336

RE:RE:RE:RE:RE:RE:RE:LOOKING GOOD.

Stanny1,
Yes your observation on the distinction between the Grease River project and the Thelon basin project is correct and important (Note: Nunavat region of the Thelon Basin rather than the NWT). However the funding for extention of drilling activity and development can, through the financial realities for a junior exploration company, be very constrained and leveraged in terms of risks and options in favour of the funds-lending provider. The current example on how Forum accomplished funding for their Grease River project may be an indication of somewhat similar thinking for the Thelon basin project,

Peace,
ElJ

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market