Mr. Jason Barnard reports

FOREMOST CLEAN ENERGY RECEIVES 3-YEAR EXPLORATION PERMIT AND ANNOUNCES GRAVITY SURVEY AT TURKEY LAKE URANIUM PROJECT, ATHABASCA BASIN, SASKATCHEWAN

The Saskatchewan Ministry of Environment has issued a three-year exploration permit for Foremost Clean Energy Ltd.'s Turkey Lake uranium project, located on the eastern margin of the Athabasca basin in Northern Saskatchewan. The permit is valid until Dec. 31, 2028, and authorizes up to 75 drill holes, line cutting, trail use and related exploration activities.

The company is also pleased to announce that a ground-based gravity survey at Turkey Lake is scheduled to commence in December. The gravity survey will refine targeting ahead of an anticipated 2026 drill program, which will follow up on uranium intercepts that were initially identified through historic work by Denison Mines Corp. and Cameco. The survey will be conducted by MWH Geo Survey, a leading geophysical contractor with more than 40 years of experience throughout the basin.

Foremost's president and chief executive officer, Jason Barnard, commented: "We are very pleased to receive a three-year exploration permit for Turkey Lake, which allows Foremost to advance this underexplored project along the eastern Athabasca basin margin. Historic work by industry leaders like Cameco and Denison has already confirmed unconformity-associated uranium in multiple holes, including 0.16 per cent U3O8 [triuranium octoxide] over 0.6 metres in TUR-4 and 0.12 per cent U3O8 over 0.5 metres in TL-10-13. This foundation of past success, combined with shallow unconformity depths and a largely untested 10-kilometre conductor system, presents a compelling opportunity. Furthermore, the current industry landscape is creating a perfect environment for uranium exploration, where significant new discoveries are not just valuable, but imperative. The gravity survey will refine our understanding of the structural framework as we prepare for a targeted drill program in 2026, positioning us to capitalize on powerful market tailwinds."

Gravity survey Details

The program is anticipated to comprise approximately 1,312-station ground gravity survey collected at 100-metre station intervals on 200-metre line spacing across a priority northeast-trending conductive corridor extending beyond the Athabasca basin margin. The survey is designed to identify gravity lows associated with hydrothermal alteration and map fault-controlled fluid pathways.

Turkey Lake property overview

The Turkey Lake property consists of one mineral claim totalling 9,363 acres (3,789 hectares) situated along the eastern edge of the Athabasca basin. The project benefits from excellent proximity to key regional infrastructure:

• Approximately 23 kilometres north of the McClean Lake mill;
• Approximately 25 kilometres north of the Eagle Point mine.

Turkey Lake hosts shallow unconformity depths (less than 50 metres) and a conductive, structural corridor that extends beyond the Basin margin with more than 10 kilometres of undertested conductor strike length. The conductors display many flexures, bends and breaks that can represent locations of dilation, making them prime targets for Athabasca-style uranium mineralization.

Historic uranium mineralization

Exploration by Gulf Minerals, Cameco and Denison between 1978 and 2010 identified multiple zones of unconformity-associated uranium mineralization at Turkey Lake, including:

• 0.16 per cent U3O8 over 0.6 metre in hole TUR-41, at a vertical depth of approximately 20 metres;
• 0.12 per cent U3O8 over 0.5 metre in hole TL-10-132.

Follow-up drilling near TUR-4 also intersected elevated radioactivity within the sandstone column above the unconformity. These results confirm a fertile uranium-bearing fluid system along the Turkey Lake conductive corridor, with significant basement potential remaining largely untested.

Next steps

The survey results will be integrated with existing electromagnetic, magnetic and geochemical data sets to enhance the geological model and prioritize drill targets. Gravity data will support final target selection for a projected 2026 drill program, which will focus on testing both unconformity- and basement-hosted uranium targets at Turkey Lake.

Qualified person

The technical content of this news release has been reviewed and approved by Cameron MacKay, PGeo, vice-president of exploration for Foremost Clean Energy and a qualified person under National Instrument 43-101.

A qualified person has not performed sufficient work or data verification to validate the historical results in accordance with NI 43-101. Although the historical results may not be reliable, the company nevertheless believes that they provide an indication of the property's potential and are relevant for any future exploration program.

About Foremost Clean Energy Ltd.

Foremost Clean Energy is a rapidly growing North American uranium and lithium exploration company. The company holds an option from Denison Mines Corp. to earn up to 70-per-cent interest in 10 prospective uranium properties (except for the Hatchet Lake, where Foremost can earn up to 51 per cent), spanning over 330,000 acres in the prolific, uranium-rich Athabasca basin region of Northern Saskatchewan. As the demand for carbon-free energy continues to accelerate, domestically mined uranium and lithium are poised for dynamic growth, playing an important role in the future of clean energy. Foremost's uranium projects are at different stages of exploration, from grassroots to those with significant historical exploration and drill-ready targets. The company's mission is to make significant discoveries alongside and in collaboration with Denison through systematic and disciplined exploration programs.

Foremost also has a portfolio of lithium projects at varying stages of development, which are located across more than 55,000 acres in Manitoba and Quebec.

We seek Safe Harbor.