Forum Energy Metals Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Forum Energy Metals Corp
Perm ID: 1-4296427996
https://www.forumenergymetals.com/
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Forum Energy Metals and Global Uranium Announce the Completion of Drilling and Ground Geophysical Surveys on the Northwest Athabasca Project, Saskatchewan
Forum and Global completed diamond drilling and geophysical surveys at the Northwest Athabasca Project, confirming uranium prospects and highlighting ongoing exploration and community engagement.
Forum Energy Metals and Global Uranium Announce the Commencement of Drilling and Ground Geophysical Surveys on the Northwest Athabasca Project, Saskatchewan
Diamond drilling and geophysical surveys have begun at the Northwest Athabasca Project in Saskatchewan. Forum Energy Metals and Global Uranium are collaborating, focusing on potential uranium deposits while engaging with local communities.
Forum Announces Drill Results of Highly Elevated Uranium at the Basement/Sandstone Unconformity in the Thelon Basin
Forum Energy Metals Corp. reports promising drill results from the Ayra, Loki, and Ned grids in the Thelon Basin, indicating major unconformity-style uranium mineralization. The findings suggest potential for Tier One uranium deposits, comparable to those in the Athabasca Basin.
Forum Energy Metals and Global Uranium Announce the commencement of camp construction and planned geophysical surveys at the Northwest Athabasca Project, Saskatchewan
Forum Energy Metals and Global Uranium are starting a combined ground EM and resistivity survey on the Spring Bay target in Saskatchewan, with geophysical work set to begin in March. A camp is being built to support the project, enhancing drill targeting strategies.
Forum Energy Metals and Global Uranium Commence Exploration at the Northwest Athabasca Project, Saskatchewan
Forum Energy Metals and Global Uranium have received an exploration permit for the Northwest Athabasca Project in Saskatchewan, with mobilization and camp construction underway. Diamond drilling is set to begin by March, emphasizing collaboration with local communities.
Forum Energy Metals and Global Uranium Announce Exploration Update on Drill Targeting, Northwest Athabasca Project, Saskatchewan
Forum Energy Metals Corp. and Global Uranium Corp. have completed reprocessing of historical EM data to enhance targeting for a winter 2025 drill program at the Northwest Athabasca Project in Saskatchewan, aiming to optimize exploration and identify high-potential uranium areas.
Forum Announces Drill Results from Qavvik: 296 Metres of Uranium Mineralization; 8.2% U3O8 over 0.5 Metres and Multiple Intercepts Greater than 1%
Forum Energy Metals Corp. reports successful drill results from its Qavvik anomaly at the Aberdeen Project, revealing a 296-meter zone of uranium mineralization with grades up to 8.2% U3O8. The findings indicate open-pit potential and suggest the area may develop into a significant uranium district.
Forum Closes Final Tranche of Private Placement
Forum Energy Metals Corp. has closed a final tranche of a non-brokered private placement, raising $518,000 by issuing 6,475,000 shares at $0.08 each. The funds will support general working capital, with shares subject to a four-month hold period. Insider participation is noted as a related party transaction.
Forum Energy Metals to Present at the AMEBC Roundup
Forum Energy Metals invites attendees to the AMEBC Roundup Conference in Vancouver on January 22-23, 2025, to discuss their 2024 drilling program at the Aberdeen Uranium Project. Dr. Rebecca Hunter will present on exploration success on January 21.
Forum Announces Increase in Financing
Forum Energy Metals Corp. has increased its non-brokered private placement from $1,250,000 to $1,350,000, issuing shares at $0.08 and flow-through units at $0.10. The offering is not registered under U.S. securities laws and remains as previously disclosed.
Forum Announces Final Assay Results from Tatiggaq; Drill Intercept Identifies Potential New Zone 300 Metres North of the Tatiggaq Deposit
Forum Energy Metals Corp. announces positive assay results from eight drill holes at the Tatiggaq anomaly in Nunavut, indicating potential new uranium zones and expanding the project's footprint. CEO Rick Mazur highlights the area's significant exploration potential.
Forum Closes First Tranche of Private Placement
Forum Energy Metals Corp. closed a $832,000 private placement, issuing 8.32 million flow-through units at $0.10 each. Proceeds will fund Canadian uranium exploration and qualify for the critical mineral tax credit. Insider participation totaled $32,000, subject to hold periods.
Forum Comments on Share Price
Forum Energy Metals Corp. announced it is unaware of any undisclosed information affecting its share price decline. The company is raising $1.25 million through shares and flow-through units for its Aberdeen Uranium Project, with ongoing assay results pending.
Forum Announces $1,250,000 Financing with Strategic Investors
Forum Energy Metals Corp. is conducting a non-brokered private placement to raise up to $1.25 million through shares and flow-through units. Funds will support working capital and Canadian uranium exploration. The placement awaits TSX Venture Exchange approval and is subject to a hold period.
Forum Announces Results of Annual General Meeting
Forum Energy Metals Corp. announced that all resolutions at its December 11, 2024 AGM were approved, including the re-election of directors and the reappointment of auditors. Key officers were also reappointed, and the company focuses on uranium deposits in Saskatchewan and Nunavut.
Forum Drilling Extends Uranium Mineralization at the Tatiggaq Deposit, Aberdeen Uranium Project, Nunavut
Forum Energy Metals Corp. has announced the first results from its summer drilling program at the Aberdeen Uranium Project. The project is located 5km west of the Kiggavik uranium project. The results from 11 holes drilled show significant mineralization in seven holes. The Main and West zones showed significant uranium mineralization, with some areas showing high percentages of U3O8. The total strike extent of uranium mineralization drilled at the Main and West zones has increased from 200m to over 310 metres.
