Foremost Clean Energy advances Murphy Lake South Uranium Project,Saskatchewan

Foremost Clean Energy (FMST) has engaged Caur Technologies to conduct an ambient noise tomography, or ANT, survey on the company’s Murphy Lake South Uranium Property in the Athabasca Basin region of northern Saskatchewan. The ANT survey is designed to refine targets along a notable trend of stacked graphitic conductors. Many of the individual conductors within this stacked system remain underexplored. It also aims to generate new targets along east-west and northeast trending structural corridors defined by magnetics and EM, which are largely untested by historical drilling. Previous drilling at Murphy has confirmed the presence of significant structural complexity, including approximately 60 to 90 meters of unconformity offset-an important control on fluid flow and mineral deposition in this style of system. The ANT survey, scheduled to commence this week. Historical drilling on the property by Denison intersected anomalous uranium mineralization and key alteration signatures, such as: 0.25% UO over 6 meters, 0.13% UO over 12.5 meters just above the unconformity, 0.03% UO over 22.5 meters from 255 to 277.5 meters. The Phase 1 diamond drilling program is now expected to commence upon the completion of the ANT survey in August. A Phase 2 2026 winter program is planned to expand on successful results and test additional conductive trends best accessed via lakes.