Forum Energy Metals – Digging In To The 10,000 Meter Drill Program At The Aberdeen Uranium Project
Rebecca Hunter, VP of Exploration at Forum Energy Metals (TSX.V:FMC – OTCQB:FDCFF), joins me to review the news released on June 25th announcing the 10,000 meter diamond drilling program at their 100% owned Aberdeen Uranium Project, in the Thelon Basin, Nunavut. Forum plans on drilling approximately 8,000 meters in about 25-30 drill holes, largely within the Tatiggaq anomaly, as well as drilling approximately 2,000 meters and 10 drill holes on other highly prospective regional areas, like the Ned, Bjorn, and Qavvik targets.
We discuss what was learned in last year’s more limited drill program, after their uranium discovery reported on hole TAT23-002 that intersected 2.25% U3O8 over 11.1 m (from 148.5 – 159.6 m). One of the key takeaways was getting the angle of drilling more properly aligned compared to what historic operators had tried, and this is what allowed for the new discovery and also will be instructive for the much larger drill program this year exploring Tatiggaq.
Rebecca also reviewed that the company is utilizing the data modeled from last year’s Ambient Noise Tomography (ANT) survey, to refine and outline high-priority drill targets as they move away from the known mineralization at Tatiggaq West and Main. Additionally, the processed ANT data on Ned has outlined the unconformity depth (Thelon Formation sandstone) as well as potential faults and alteration that will be targeted in the upcoming drilling program. She also shares why she’s excited to drill Bjorn, Qavvik, and that there are even other targets to still get to in follow up drill programs.
If you have any follow up questions for Rebecca or the team at Forum Energy Metals, then please email them into me at Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Forum Energy Metals at the time of this recording
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Forum has been around for a long time. DT
Indeed, they have been around for a long time. What caught my attention lately is that they seem to be finally hitting their stride with JVing out some of their Athabasca properties, and they’ve got a decent sized 10,000 meter drill program following up on their new discovery last year in the Thelon Basin.
That’s why I personally just got positioned in Forum recently (for the potential of more paydirt discoveries from this year’s exploration program at their Aberdeen Project). So I’m biased in that sense, as a new shareholder. I have personally met with the company management team in person about 3 times over the last year, and feel good about their hybrid approach (part primary explorer and part prospect generator), and I’ve got confidence in Rick and Rebecca’s scientific thesis at the targets they are testing in this work program.
Rebecca Hunter @UraniumHuntress @ForumEnergyMC
”Exploration camp is built at Aberdeen! 1st drill will be turning on Saturday. 2nd one shortly after that. And then…”
https://x.com/UraniumHuntress/status/1803563701364253143