Dr. Rebecca Hunter reports

FORUM COMMENCES MOBILIZATION FOR 10,000 METRE DRILL PROGRAM AT THE ABERDEEN URANIUM PROJECT, THELON BASIN, NUNAVUT

Forum Energy Metals Corp. has commenced mobilization of its camp, fuel, equipment and second drill to its camp location on the Aberdeen uranium project, located adjacent to Orano's 133-million-pound Kiggavik uranium deposit in the Thelon basin, Nunavut. Forum plans a 10,000-metre drill program just two months away in June to follow up on its successful drill program in 2023. Four drill holes into the Tatiggaq deposit intersected up to 2.25 per cent U3O8 (triuranium octoxide) over 11.1 metres over a 200-metre strike length. The structure hosting uranium mineralization extends for 1.5 kilometres within a highly altered uranium mineralized system.

Dr. Rebecca Hunter, vice-president, exploration, commented, "We are excited to commence our 2024 exploration program in Nunavut starting with the large task of moving our drill camp, second drill and consumables overland from Baker Lake to our new Aberdeen camp."

About Forum Energy Metals Corp.

Forum Energy Metals is focused on the discovery of high-grade unconformity-related uranium deposits in the Athabasca basin, Saskatchewan, and the Thelon basin, Nunavut. In addition, Forum holds a diversified energy metal portfolio of copper, nickel and cobalt projects in Saskatchewan and Idaho.