Forum Energy Metals – A Focus On The 4 Primary Uranium Projects
Rick Mazur, President and CEO of Forum Energy Metals (TSX.V:FMC – OTCQB:FDCFF), joins us to provide an update on the 4 primary uranium projects in the Company’s portfolio, which will be the key focus moving forward. We start off with getting a sense of the historical work on the Nunavut Uranium Project, and why the exploration team staked this land, previously explored by Cameco. Next we discussed the prior 3,000 meters drilled last year and future drill plans at the 100% owned Wollaston Project.
We then moved onto the joint venture projects: At the NorthWest Athabasca, partnered with NexGen, Cameco, and Orano, the Company will be doing an aggressive 5,000 meter drill program, which should take their ownership stake up over 50% in this project. At the Fir Island Project the joint-venture partner, Orano, did do some drilling last year, and is expected to do more drilling later this winter moving into next year.
If you have questions for Rick on Forum Energy Metals, then please email us at either Fleck@kereport.com or Shad@kereport.com.
Click here to read over the recent news out of Forum Energy Metals.
Japan Signals Return To Nuclear Power To Stabilize Energy Supply
By Mayu Sakoda – Reuters – August 24, 2022
“Japan will restart more idled nuclear plants and look at developing next-generation reactors, Prime Minister Fumio Kishida said on Wednesday, setting the stage for a major policy shift on nuclear energy a decade after the Fukushima disaster.”
“The comments from Kishida – who also said the government would look at extending the lifespan of existing reactors – highlight how the Ukraine crisis and soaring energy costs have forced both a change in public opinion and a policy rethink toward nuclear power.”
Western Countries Breathe New Life Into Old Nuclear Plants
Shehnaz AliBY – NewsNCR – August 28, 2022
“The West has begun to muster the cash and political assist to maintain decades-old nuclear reactors from shutting down, aiming to take care of an important supply of low-carbon electrical energy as many economies face an power crunch.”
“The U.S., France and a handful of different international locations are planning to maintain dozens of reactors operating many years after their unique working licenses expire. Belgium is transferring to permit two reactors that have been set to shut in 2025 to function till 2036 to assist Europe wean itself off Russian pure gasoline after the invasion of Ukraine.”
“Germany, which was set to shut all its reactors by the tip of the yr, is now debating whether or not to maintain the final three open into subsequent yr to assist save gasoline by way of the winter as Moscow has sharply lower shipments of the gas. Some politicians are calling for the reactors to stay open even longer.”
https://www.newsncr.com/world/western-countries-breathe-new-life-into-old-nuclear-plants/
South Korea Wins $2.5Billion Order To Build Egypt’s First Nuclear Plant
Kotaro Hosokawa – Nikkei Asia – August 25, 2022
“The South Korean government announced on Thursday that a subsidiary has won a $2.5 billion order for the construction of the first nuclear power plant in Egypt. Korea Hydro & Nuclear Power Co., a subsidiary of Korea Electric Power Corp. which is 51% owned by the Korean government and affiliated banks, will deliver and construct four units of the El-Dabaa Nuclear Power Plant.”
“The reactors will be built by a construction subsidiary of Russia’s state nuclear company Rosatom. The South Korean company will build other facilities. The first unit is scheduled for commercial operation in 2028.”
Uranium 101 with Alex Michshenko
Prospector – Sep 2, 2022
This episode of On the Rocks features Uranium 101 with Alex Michshenko, Head of US Operations at Kazatomprom Inc.
https://thenugget.prospectorportal.com/uranium-101-with-alex-michshenko
The Nuclear Energy Renaissance Has Arrived
Quill Robinson – Newsweek – 9/1/22
https://www.newsweek.com/nuclear-energy-renaissance-has-arrived-opinion-1739080
Elon Musk @elonmusk – 3:27 PM · Aug 26, 2022 · Twitter for iPhone
“Countries should be increasing nuclear power generation! It is insane from a national security standpoint & bad for the environment to shut them down.”
https://twitter.com/elonmusk/status/1563292201043431424