Forum Reviews 2014 Highlights and 2015 Drill Plans at Patterson Lake and Black Lake Regions, Athabasca Basin

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/13/15 -- Forum Uranium Corp. ("Forum" or the "Company") (TSX VENTURE: FDC) is pleased to update shareholders with a year-end review of the Company's activities for 2014 and exploration plans for 2015. Forum is currently preparing for an initial drill campaign on its 100% owned Fir Island project on the Centennial- Black Lake Structural Corridor and is evaluating data from the recent drilling at its 100% owned Clearwater project (under option to Uracan Resources Ltd.) on trend of Fission Uranium's Patterson Lake South (PLS) discovery. The Company is well financed with $2.3 million in working capital.
Forum holds an extensive portfolio of near surface uranium exploration projects in Canada's Athabasca and Thelon Basins. The Company is well positioned to benefit from improved uranium markets with seven drill-ready projects that are 100% owned or are partnered with major uranium companies.
Highlights for 2014
Plans for 2015
Forum Project Location Map:
Richard Mazur, P.Geo., Forum's President and CEO is the Qualified Person that has reviewed and approved the contents of this news release.
About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium projects. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. The Company has a strategy to discover near surface uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its 100% owned properties and through strategic partnerships and joint ventures.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard J. Mazur, P.Geo., President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Forum Uranium Corp.
Rick Mazur
President & CEO
604-630-1585
Forum Uranium Corp.
Matt Terriss
Director, Corporate Affairs
604-638-3947
CHF Investor Relations
Robin Cook
Senior Account Manager
416-868-1079 x 228
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Bereitgestellt von Benutzer: Marketwired
Datum: 13.01.2015 - 12:00 Uhr
Sprache: Deutsch
News-ID 363927
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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