Forum Uranium and Uracan Resources have agreed to terminate the Clearwater Project Option Agreement signed August 18, 2014. Forum owns 75% and Uracan earned a 25% interest after spending $1.5 million on exploration over the past two years. Exploration focused on trend to the southwest of Fission's Triple R deposit, where limited drilling was followed up with a ground TEM study to further define prospective conductors for [...]
Forum Uranium announces a 15.4 line kilometer, horizontal loop electromagnetic survey has commenced on its 100% owned Fir Island project, located along the north rim of the Athabasca Basin in northern Saskatchewan. The survey is being conducted over the East Channel, a 50km long structure marked by a magnetic and gravity low on the east side of a magnetic high that bends into the Snowbird Tectonic Zone, a crustal scale [...]
Forum Uranium announces the commencement of a soil sampling program on its Northwest Athabasca project, located approximately 70km west of Uranium City. Soil sampling is planned over 5 of 19 known gravity anomalies on the project. In 2013-14, Forum drill tested five of these gravity anomalies, of which three were found to contain basement-hosted uranium mineralization (up to 39.5m of 0.15% U3O8). Each zone of [...]
Forum Uranium announces the completion of a ground electro-magnetic survey and ground gravity geophysical program on its 100% owned Costco property. These surveys, which have identified several areas of interest for future drilling (See Figures 1 & 2), are part of Forum's continuing efforts to have all its major exploration projects drill ready for the second half of this year. The Costco gravity survey was completed on a [...]
VANCOUVER, BC / ACCESSWIRE / April 26, 2017 / Forum Uranium Corp. (TSX-V: FDC) (OTC PINK: FDCFF) ("Forum") is pleased to announce that the ground gravity survey conducted on its 100% owned Highrock project (see news release dated March 28, 2017) has identified several new areas of interest at the north end of the Property, closest to the Key Lake deposits. The results of the 100m X 100m station density survey show several [...]
Forum Uranium is pleased to announce that the ground gravity survey conducted on its 100% owned Highrock project (see news release dated March 28, 2017) has identified several new areas of interest at the north end of the Property, closest to the Key Lake deposits. The results of the 100m X 100m station density survey show several new gravity lows, interpreted to be caused by clay alteration systems that may be associated [...]
VANCOUVER, BC / ACCESSWIRE / April 4, 2017 / Forum Uranium Corp. (TSXV: FDC) ("Forum") is pleased to announce the appointment of Craig Christy as Vice-President of Corporate Development. Mr. Christy is CEO and a Managing Partner with Christy & Associates Planning Consultants Ltd., a planning and corporate consulting firm based in in the Okanagan Valley, BC. Craig focuses on strategic planning, corporate development and [...]
Forum Uranium announces the commencement of a geophysical program on its 100% owned Costco and Highrock projects. These projects cover the southern extension of the graphitic conductive unit that hosts the Key Lake deposits, where over 200 million pounds of uranium were mined by open pit methods at an average grade of 2.3% U3O8 from 1983 to 1997. Regional infrastructure to the properties is excellent with year-round road [...]
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum" or the "Company") is pleased to provide shareholders with an update of the Company's corporate activities and exploration plans for 2017. Forum holds an extensive portfolio of near surface uranium exploration projects in Canada's Athabasca Basin, which hosts the highest grade uranium deposits in the world. The Company [...]
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2017) - Forum Uranium Corp. (TSXV: FDC) ("Forum") and Uracan Resources Ltd. (TSXV: URC) ("Uracan") announce the intersection of 4.34% zinc and 0.3% lead over 6.5 metres from 259.5m to 266.0m in hole CW-16 on Forum's Clearwater Project. The sample was reanalysed at SRC Geoanalytical Laboratories and returned 4.54% zinc and 0.275% lead. This interval occurs within [...]
VANCOUVER, BC / ACCESSWIRE / January 16, 2017 / Forum Uranium Corp. (TSX-V: FDC) (OTC PINK: FDCFF) ("Forum" or the "Company") announces that it has closed the final tranche of its private placement previously announced on December 15, 2016 and January 5, 2017. The Company has raised an additional $206,400 through the issuance of 175,000 flow through common shares at a price of $0.08 per flow through share and 2,405,000 [...]
VANCOUVER, BC / ACCESSWIRE / January 5, 2017 / Forum Uranium Corp. (TSX-V: FDC) (OTC PINK: FDCFF) is pleased to announce that, due to a strong response from investors, the Company has increased its non-brokered private placement financing to $1,650,000 from the initially targeted $1,500,000 as set out in the Company's news release dated December 15, 2016. The amended financing will be completed through the issuance of a [...]