tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Foremost Clean announces 2,500 meter drill program at Jean Lake property

Foremost Clean Energy (FMST) announce up to 20-hole 2,500 metre diamond drill program will commence this month at its 100% owned Jean Lake Gold-Lithium Property located near the historic mining centre of Snow Lake in Manitoba. This program is strategically designed to capitalize on record-high gold prices by expanding known high-grade gold and lithium mineralization identified in the 2022-2023 drill campaign. The drill program will run concurrently with the Company’s ongoing drilling at its Murphy Lake South Uranium Property. Foremost’s President and CEO, Jason Barnard comments: “With gold achieving historic highs by surpassing $3,680 USD per ounce, we made a strategic decision to maximize shareholder value by capitalizing on an extraordinary market opportunity. We are mobilizing a drill program at our 100%-owned Jean Lake asset to expand its known high-grade gold and lithium mineralization. This initiative runs concurrently with an ongoing drill program on proven uranium mineralization at our Murphy Lake South Project in the Athabasca Basin.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1