Forum Energy Metals Corp. is pleased to announce the first set of drill results from Rio Tinto Exploration Canada's 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 of 2,547 metres. Holes JANL0031 and 0032 [...]
Forum Energy Metals Corp. 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 [...]
Forum Energy Metals Corp. 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 . Samples have been sent to the Saskatchewan Research Council from three holes drilled at Korvin Lake [...]
Forum Energy Metals Corp. 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 . URANIUM PROJECTS Northwest Athabasca JV Forum has submitted a permit application for a 3,500 metre drill program in Q1/2022 and will be the Operator and sole funder of [...]
Forum Energy Metals Corp. 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: Location of the Love Lake Cu-Ni-PGM Project To view an enhanced version of Figure 1, please [...]
Forum Energy Metals Corp. 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. Janice Lake Copper/Silver Rio Tinto Exploration Canada continues drilling at the 2.6 km Rafuse target, the fourth target drilled by RTEC over a six kilometre [...]
Forum Energy Metals Corp. 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 one share purchase warrant. Each whole [...]
Forum Energy Metals Corp. 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 one additional common share at a [...]
Forum Energy Metals Corp. 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 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 at a price of C$0.45 per FT Unit for gross proceeds to the Company of [...]
Forum Energy Metals Corp. is pleased to announce a non-brokered private placement of up to 5,555,555 flow-through units of the Company at a price of C$0.45 per FT Unit for gross proceeds to the Company of up to C$2,500,000 . Red Cloud Securities Inc. is acting as a finder in connection with the majority of the Offering. Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share [...]
Forum Energy Metals Corp. is pleased to announce that Rio Tinto Exploration Canada 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 [...]
Forum Energy Metals Corp. is pleased to announce the second round of drill results from Rio Tinto Exploration Canada's 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 exploration of the 52 kilometre extent [...]