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.