Foremost Secures 3-Year Uranium Exploration Permit for Hatchet Lake
Foremost Clean Energy Ltd. has secured a significant three-year exploration permit for its Hatchet Lake Uranium Project in the Athabasca Basin. This milestone allows the company to drill up to 50 holes, with a phase 2 program of 3,000 metres planned for winter 2025-2026. President and CEO Jason Barnard emphasizes the permit's importance for their exploration efforts.
The winter 2025-2026 drill program aims to expand the New Tuning Fork Discovery, test high-priority targets on the Richardson Trend, and explore the Beta Grid. Peter Dasler is leading the Phase 2 drilling program. The uranium industry's historic inflection point, driven by supply-demand deficits and exponential energy demand from the digital economy, underscores the significance of Foremost's aggressive exploration strategies at Hatchet Lake and Murphy Lake South. The drill program will focus on following up the Tuning Fork discovery and testing high-priority targets identified by Denison Mines Corp. Cameron MacKay, P. Geo., Vice President of Exploration, has reviewed and approved the technical content of the news release.
Foremost Clean Energy Ltd. is committed to disciplined, high-impact exploration in the Athabasca Basin. With the three-year exploration permit for the Hatchet Lake Uranium Project, the company is well-positioned to unlock the next generation of unconformity-related uranium deposits, contributing to the uranium industry's growth and addressing the global energy demand.
