Forum Energy Metals Corp. is pleased to announce that Rio Tinto Exploration Canada Inc. plans to commence drilling and an airborne geophysical survey in July on Forum's Janice Lake sedimentary copper project in Saskatchewan, as part of its $3 million commitment to exploration under the option to joint venture agreement announced May 9, 2019. A comprehensive compilation of all exploration data has been completed [...]
Forum Energy Metals Corp. is pleased to announce that it has acquired by staking, the Love Lake Ni-Cu-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 project consists of 7 claims for 21,872 ha and covers mafic-intrusive rocks of the Peter Lake Domain with historic occurrences of nickel [...]
Forum Energy Metals Corp. is pleased to announce that it has entered into an Option to Joint Venture Agreement with Rio Tinto Exploration Canada Inc. on its Janice Lake sedimentary copper project in Saskatchewan. Terms of the agreement are summarized as follows: RTEC will commit to $3 million in exploration over the next 18 months. RTEC has been granted a four year option to acquire a 51% interest in the Janice Lake [...]
Forum Energy Metals Corp. is pleased to announce it has closed its non-brokered private placement previously announced February 12 and March 14, 2019. The Company has raised $554,000 through the issuance of 11,080,000 units at a price of $0.05 per unit. Each unit will be comprised of one common share and one share purchase warrant. Each warrant is exercisable to purchase one common share of the Company at a price of $0.10 [...]
Forum Energy Metals Corp. , a copper-uranium-cobalt explorer with projects in Saskatchewan and Idaho will be attending the RAISE at the PDAC Conference, One King Street West on February 28th followed by the PDAC at the Metro Toronto Convention Centre, March 3-6 - Booth 2825 in the Investor's Exchange. “RAISE at the PDAC” is a planned event where investors and investment finance professionals will have the [...]
Forum Energy Metals Corp. announces a financing of up to 10,000,000 units at a price of $0.05 per unit to raise up to $500,000 to commence initial preparations for a summer drilling program on its Janice Lake sedimentary copper/silver project and for working capital. The units will be comprised of one common share of Forum and one warrant entitling the holder to acquire a further common share at a price of $0.10 for a [...]
Forum Energy Metals Corp. is pleased to provide the following update on the Janice Lake Sedimentary Copper/Silver Project, Saskatchewan. Janice Lake Sedimentary Copper/Silver Project, Saskatchewan In 2018, Forum completed a highly successful first pass drill program at its Janice Lake sedimentary copper project. All 4 drill holes intersected shallow chalcocite, bornite and native copper mineralization above 80m in depth [...]
Further to the Company's press release dated October 10, 2018, Forum Energy Metals Corp. is pleased to announce that final assays from all four holes intersected both copper and silver mineralization and a new lead/zinc zone within 80 m of surface in the JL-1 target area of the Janice Lake sedimentary copper project located in Saskatchewan's Wollaston Copperbelt. Highlights are as follows: Previously reported intersection [...]
Forum Energy Metals Corp. is pleased to announce results from its recently completed four-hole diamond drill program on its Janice Lake sedimentary copper project located in northern Saskatchewan's Wollaston Copperbelt. All four holes encountered copper mineralization within 80 m of surface with Hole FEM-01 intersecting 19 m grading 1.00 % Copper including 5.7 m of 2.18 % Copper within a 50.5 m interval grading 0.45 [...]
Further to its news release dated September 19, 2018 Forum Energy Metals Corp. is pleased to announce that it has closed its acquisition of the Quartz Gulch cobalt property located in the Idaho Cobalt Belt and the Juneau-Standard gold-silver-copper-cobalt property in Grant County, Oregon from Lumina Cobalt Corp. The Quartz Gulch claim block consists of 127 claims totaling 10.65 square kilometres, located approximately [...]
Further to its news release dated July 11, 2018, Forum Energy Metals Corp. is pleased to announce that it has executed a formal agreement to acquire the Quartz Gulch cobalt property located in the Idaho Cobalt Belt and the Juneau-Standard gold/silver/copper/cobalt property in Grant County, Oregon from Lumina Cobalt Corp. . Quartz Gulch, Idaho Cobalt Belt The Quartz Gulch claim block consists of 127 claims totaling 10.65 [...]
Forum Energy Metals Corp. is pleased to announce a non-brokered private placement of up to 4,500,000 units at a price of $0.05 per Unit for total proceeds of $225,000. Each Unit will be comprised of one common share and one-half of one share purchase warrant . Each whole Warrant is exercisable to purchase one common share of the Company at a price of $0.10 per share for a period of 18 months from the date of closing of [...]