Mr. Richard Mazur reports
FORUM COMMENCES DRILLING ON ITS THELON BASIN URANIUM PROJECT
Forum Energy Metals Corp. has commenced a 2,000-metre drill program on its Thelon basin uranium project located 100 kilometres west of the Hamlet of Baker Lake, Nunavut. Forum holds a 100-per-cent interest in 95,000 hectares of ground that Cameco Corp. formerly held and extensively drilled from 2008 to 2012, adjacent to Orano's 133-million-pound Kiggavik uranium deposit.
Dr. Rebecca Hunter, Forum's vice-president of exploration, stated: "Forum's Nunavut uranium project in the Thelon basin is a geologic analogue to the prolific Athabasca basin for large, high-grade, unconformity-related uranium deposits. Forum's initial drill program will focus on further delineation of the Tatiggaq deposit and, if time permits, Forum will test one or two of over 20 other high-priority targets on the property."
The Tatiggaq deposit occurs five kilometres west of the nearby Andrew Lake deposit on Orano's mining lease. Mineralization occurs in two zones, the Main and West zones, that average 30 metres in thickness between 80 m and 180 m in depth, with strike lengths of 80 m and 60 m, respectively. The deposit remains open for extension along strike and to depth within a large gravity anomaly that is 0.7 kilometre wide by 1.5 kilometres long.
About Forum Energy Metals Corp.
Forum Energy Metals is a diversified energy metal company with uranium, copper, nickel and cobalt projects in Saskatchewan, Canada's No.-1-rated mining province for exploration and development, a strategic uranium land position in Nunavut and a strategic cobalt land position in the Idaho cobalt belt.
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