Forum Energy Metals Corp. announces that it has closed its non-brokered flow through private placement announced October 14, 2020. The Company raised $1,000,000 through the issuance of 6,666,668 units priced at $0.15 per unit. Each unit consists of one flow through common share and one-half of one non-flow through common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share [...]
Forum Energy Metals Corp. announces that it has arranged a non-brokered flow through private placement of 6,666,668 units at a price of $0.15 per unit for gross proceeds of $1,000,000 . The proceeds from the Offering will be used to fund an electromagnetic survey and a drill program on targets identified by recent geophysical, geochemical and geological surveys at Forum's 100% owned Love Lake Nickel-Copper-Palladium [...]
Forum Energy Metals Corp. is pleased to announce geochemical results of outcrop sampling 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 process facilities . The summer field program was designed to follow up target areas identified by an airborne [...]
Forum Energy Metals Corp. is pleased to announce that in connection with the announcement dated September 8, 2020 by Nova Royalty Corp of the acquisition of a 1% NSR royalty on the Janice Lake Project in Saskatchewan, it has reached an agreement with Transition Metals Corp. to accelerate Forum's exercise of the option to acquire a 100% interest in Janice Lake . The Agreement with Transition waives the final two option [...]
Forum Energy Metals Corp. is pleased to announce that Rio Tinto Exploration Canada has completed its summer exploration program at Forum's Janice Lake Sedimentary Copper/Silver Project in northern Saskatchewan, Canada. Rick Mazur, President & CEO stated, "Rio Tinto is compiling all of the data collected from this summer's program for planning of a potential drill program in 2021. Results from this summer's work are [...]
Forum Energy Metals Corp. is pleased to announce that it has completed a high resolution airborne magnetic survey over 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 Saskatchewan along Highway 905 to the Rabbit Lake/McClean Lake process facilities. Forum has identified two target areas that are prospective for magmatic [...]
Forum Energy Metals Corp. is pleased to announce that Rio Tinto Exploration Canada has commenced drilling at Forum's Janice Lake Sedimentary Copper/Silver Project in northern Saskatchewan, Canada. A Rotary Air Blast drill has arrived on site and has started investigating historic and newly mapped regional copper showings, and recently developed geophysical targets buried by overburden to help delineate the extent of the [...]
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Forum Energy Metals Corp. is pleased to announce that it has commenced a high resolution airborne magnetic survey over 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 Mine. The Love Lake project covers 30,836 ha of mafic-intrusive rocks in the Peter Lake Domain [...]
Forum Energy Metals Corp. is pleased to announce that Rio Tinto Exploration Canada has commenced exploration at Forum's Janice Lake Sedimentary Copper/Silver Project in northern Saskatchewan, Canada. Rick Mazur, President & CEO, commented, "I look forward to this summer's program with a regional focus on uncovering the full extent of copper and silver mineralization at Janice Lake. We have barely scratched the surface on [...]
Forum Energy Metals Corp. announces that it has arranged up to 4,000,000 units at a price of $0.10 per unit for proceeds of $400,000 for exploration at its Love Lake Copper-Nickel-Palladium project. Love lake is located 30 kilometres northeast of Forum's Janice Lake copper project under exploration this summer by Rio Tinto Exploration Canada . Each unit consists of one flow through common share and one-half of one [...]
Forum Energy Metals Corp. is pleased to announce results and an interpretation of six holes totalling 1,819 metres completed on its 100% owned Fir Island uranium project located within trucking distance of Orano's McClean Lake uranium processing facility . Forum has confirmed the continuity of the target structure showing signs of uranium mineralization a further one kilometre to the south of five holes previously drilled [...]