Foremost Clean Energy reports multiple uranium intercepts at Hatchet Lake

Foremost Clean Energy (FMST) announced “positive” exploration results from the geochemical assay of drill cores recovered from its 2024 drill program at the Hatchet Lake Uranium Property in the Athabasca Basin of northern Saskatchewan. These results highlight the prospectivity of two mineralized target areas, Richardson and Tuning Fork, on the company’s flagship uranium property, and a number of additional target areas for future drill programs, which are currently in the planning stage and are expected to be announced shortly. The 2024 Hatchet Lake Drill Program was completed by Denison Mines on the behalf of the Hatchet Lake Joint Venture between Denison and Eros Resources Corp. In 2024, Foremost completed the first stage of an option agreement with Denison whereby it can acquire a portion of Denison’s interest in the Hatchet Lake Joint Venture to a maximum 51% interest in the property. Based on these positive results, Foremost is developing plans for follow-up drill programs to be completed during the winter and summer exploration seasons.