Rio Tinto Reports Final Results at Rafuse Target; Exploration Update at Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") announces the final set of assay results from Rio Tinto Exploration Canada's ("Rio Tinto" or "RTEC") summer drill program at the Rafuse target on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan (Figure 1). RTEC reports that it has spent $14 million in exploration expenditures to date, which exceeds the $10 million required to earn a...
2021-11-26 9:00 AM EST
Forum Provides Update and Plans for 2022
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to update shareholders with a review of the Company's revised exploration plans on its uranium, copper, nickel and palladium projects in Saskatchewan and its cobalt project in Idaho (Figure 1). URANIUM PROJECTS Wollaston (100% Forum)Forum has submitted a permit application for a 3,000 metre drill program commencing mid-January, 2022. The Wollaston property is located within 10km of...
2021-11-08 8:30 AM EST
Rio Tinto Intersects 14 Metres of 0.59% Copper and 4 g/t Silver Including 6 Metres of 1.21% Copper and 7.6 g/t Silver at Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") is pleased to announce the first set of drill results from Rio Tinto Exploration Canada's (RTEC) summer drill program at the Rafuse target on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. This is RTEC's third drill campaign on four targets drilled to date on the Janice Lake property.Nine holes were drilled on the Rafuse target for a total...
2021-10-28 8:30 AM EDT
Forum Completes Exploration Program at the Quartz Gulch Cobalt-Copper Property, Idaho
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") is pleased to announce that it has completed its first exploration campaign since completion of the acquisition of 100% interest in the Quartz Gulch Cobalt-Copper property, Idaho, USA in July, 2021. The Quartz Gulch property consists of 127 claims totaling 10.65 square kilometres, located approximately five kilometres to the southeast of the past producing Blackbird cobalt mine and Jervois Global Limited ("Jervois") Idaho...
2021-10-13 8:30 AM EDT
Forum Provides Drilling Update at the Love Lake Nickel - Copper - Palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is pleased to announce an update on the drill program at its 100% owned Love Lake Nickel-Copper-PGM project located approximately 60 km northeast of Forum's Janice Lake/Rio Tinto copper joint venture in north-eastern Saskatchewan along Highway 905 to the Rabbit Lake/ McClean Lake uranium mills (Figure 1).Samples have been sent to the Saskatchewan Research Council from three holes drilled at Korvin Lake and What Lake...
2021-09-20 8:30 AM EDT
Forum Provides Update and Plans for First Quarter 2022
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") is pleased to update shareholders with a review of the Company's current exploration activities and exploration plans for the next six months on its copper, uranium, nickel, cobalt and palladium projects in Saskatchewan and Idaho (Figure 1). URANIUM PROJECTS Northwest Athabasca JV (39.5% Forum; 28% NexGen; 20% Cameco; 12.5% Orano)Forum has submitted a permit application for a 3,500...
2021-09-09 8:30 AM EDT
Forum Commences Drilling at Love Lake Nickel/Copper/Palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is pleased to announce that it has commenced drilling at its 100% owned Love Lake Nickel-Copper-PGM project located approximately 60 km northeast of Forum's Janice Lake/Rio Tinto copper joint venture in north-eastern Saskatchewan along Highway 905 to the Rabbit Lake/ McClean Lake uranium mills (Figure 1).
2021-08-10 8:30 AM EDT
Forum Provides Mid-Year Update and Plans for 2021
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company") is pleased to update shareholders with a mid-year review of the Company's current exploration activities and exploration plans for the remainder of 2021 on its copper, uranium, nickel, cobalt and palladium projects in Saskatchewan and Idaho (Figure 1). Janice Lake Copper/Silver (Rio Tinto Option to Earn 80%)Rio Tinto Exploration Canada ("RTEC") continues drilling at the 2.6 km Rafuse target,...
2021-07-20 8:30 AM EDT
Forum Closes Final Tranche of $3.5 Million Flow Through Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces that, further to its news releases of June 24, 2021 and June 30, 2021, it has closed the second and final tranche of its non-brokered private placement. The Company raised an additional $3,048,570 through the issuance of 6,774,600 flow through units priced at $0.45 per unit. Each unit consists of one flow through common share and one-half of...
2021-07-15 9:00 AM EDT
Forum Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces that it has closed the first tranche of its non-brokered private placement announced on June 24, 2021. The Company raised $500,000 through the issuance of 1,111,112 flow through units priced at $0.45 per unit. Each unit consists of one flow through common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase...
2021-06-30 8:30 AM EDT
Forum Announces Upsize of Non-Brokered Private Placement of up to C$3.5 Million
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") is pleased to announce that, further to its news release of earlier today, due to significant investor demand, the Company has increased the size of its non-brokered private placement (the "Offering") from C$2.5 million to up to C$3.5 million. Under the increased Offering, the Company will sell up to 7,777,777 flow-through units of the Company (the "FT Units") at...
2021-06-24 4:25 PM EDT
Forum Announces Non-Brokered Flow Through Private Placement of up to C$2.5 Million
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") is pleased to announce a non-brokered private placement of up to 5,555,555 flow-through units of the Company (the "FT Units") at a price of C$0.45 per FT Unit for gross proceeds to the Company of up to C$2,500,000 (the "Offering"). Red Cloud Securities Inc. is acting as a finder in connection with the majority of the Offering.Each FT Unit...
2021-06-24 7:30 AM EDT
Rio Tinto Commences Drilling at Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced drilling on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. Following a successful winter drill season of high grade copper intersections on the 2.8 kilometre long Rafuse target, RTEC will follow up drilling on the structurally controlled mineralization encountered in Hole JANL00028 grading 0.86% copper and 8.02 g/t...
2021-06-21 8:30 AM EDT
Rio Tinto Intersects 14 Metres of 0.89% Copper and 8 G/t Silver Including 6 Metres of 1.67% Copper and 13 G/t Silver at Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") is pleased to announce the second round of drill results from Rio Tinto Exploration Canada's (RTEC) Rafuse drill target on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. RTEC has mobilized crews to open the onsite Burbidge Lake camp and plans to be drilling before the end of June. A detailed plan for follow-up drilling and plans for regional...
2021-06-09 7:00 AM EDT
Rio Tinto Intersects 1.78% Copper and 9.25 g/t Silver over 3.1 Metres Within 48 Metre Copper Zone at Forum's Janice Lake Copper/Silver Project, Saskatchewan
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 -...
2021-05-25 6:30 AM EDT
Forum Announces Elevated Uranium and Boron from Fir Island Project; Potential New Nickel Zone Identified
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) reports geochemical results compiled over three drill programs on the Fir Island Uranium Project in the Athabasca Basin, Saskatchewan. Boron, uranium, offset of the unconformity, and size of the resistivity low all increase to the north along the Cathy Fault (Figure 1). A 100 metre interval of interpreted ultramafic rock with elevated nickel was intersected in basement rocks in FI-24. This same lithology with...
2021-05-17 7:00 AM EDT
Forum Commences Electromagnetic Survey at Its 100% Owned Love Lake Nickel-Copper-Palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is pleased to announce that Discovery International Geophysics Inc. has commenced a 588 line-km airborne electromagnetic (EM) survey on its 100% owned Love Lake Nickel-Copper-PGM project located approximately 60 km northeast of Forum's Janice Lake/Rio Tinto copper joint venture in northern Saskatchewan. The project is well located along Highway 905 to the Rabbit Lake/McClean Lake uranium mills (Figure 1).The HeliSAM system (a Time Domain Electromagnetic...
2021-05-10 8:30 AM EDT
Forum Announces Incentive Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) announces that, in accordance with the Company's stock option plan, it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 1,800,000 common shares exercisable on or before April 23, 2026 at a price of $0.35 per share.About Forum Energy MetalsForum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal...
2021-04-23 9:00 AM EDT
Forum Plans Electromagnetic Survey at Love Lake Nickel-Copper-Palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - April 20, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is pleased to announce that it plans a large-scale airborne electromagnetic (EM) survey on its 100% owned Love Lake Nickel-Copper-PGM project located approximately 60 km northeast of Forum's Janice Lake/Rio Tinto copper joint venture in north-eastern Saskatchewan along Highway 905 to the Rabbit Lake/ McClean Lake uranium mills (Figure 1). Further processing of the airborne gradient magnetic survey and whole rock geochemical analysis...
2021-04-20 8:30 AM EDT
Rio Tinto Completes Winter Drill Program at Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has completed winter drilling on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. The first set of assay results are expected in May. Nine holes for a total of 2,330 metres were drilled on the Rafuse target, a 2.8 kilometre long priority target of surface copper mineralization that was developed during...
2021-04-14 8:30 AM EDT