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Bullboard - Stock Discussion Forum Forum Energy Metals Corp FDCFF


Primary Symbol: V.FMC

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... see more

TSXV:FMC - Post Discussion

Forum Energy Metals Corp > nice news today! up 6% new high coming!!
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Post by newbie2099 on May 25, 2021 12:43pm

nice news today! up 6% new high coming!!

Rio Tinto will continuing their drilling program in the summer!!!

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") is pleased to announce initial drill results from Rio Tinto Exploration Canada's (RTEC) fourth drill target on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. RTEC plans to continue its drill program beginning in June to follow up on these results on the Rafuse target.

Assays from the first four holes on the Rafuse target are:

  • JANL0022 - No intercept.
  • JANL0023 - 0.325% copper and 2.04 g/t silver over 48 metres (19m to 67m) including 1.78% copper and 9.25 g/t silver over 3.15 metres (33m to 36.15m)
  • JANL0024 - 0.28% copper and 2.00 g/t silver over 76.5 metres (71.5m to 148m) and 0.20% copper and 1.58 g/t silver over 18 metres (188m to 206m)
  • JANL0025 - 0.16% copper and 1.74 g/t silver over 8 metres (21m to 29m)
Comment by DowsingR0d on May 25, 2021 4:10pm
HUGE NEWS imo Rio Tinto doesn't mess around 50 kilometer strike and Sask is a great mining friendly province 100KM road built by Rio ($$$ ) and 80 person camp for this deal - how is this just a $40M company?! LOTS more coming
Comment by DarkGreen on May 26, 2021 8:45am
unbelievable the share price dropped ,2% cu at surface (open pit mine) and 2.8 km strike length . This could be bigger than Escandida . Should be trading at a buck .
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