Foremost Clean Energy Launches 5,000m Drill at Hatchet Lake to Expand 0.87% U₃O₈ Discovery
Foremost Clean Energy will commence a 5,000-metre diamond drill program in mid-February at the Hatchet Lake uranium project. The program follows the TF-25-16 discovery that intersected 0.87% U₃O₈ over 0.45 m within a 6.2 m interval averaging 0.10% and will test Beta Grid and Richardson SE targets.
1. Drill Program Overview
Foremost Clean Energy plans a 5,000-metre winter diamond drill program at Hatchet Lake, starting mid-February 2026. The program will deploy multiple rigs to systematically test existing and newly defined targets across two claim blocks in the eastern Athabasca Basin.
2. TF-25-16 Discovery Details
The follow-up program is designed to expand upon hole TF-25-16, which intersected 0.87% U₃O₈ over 0.45 m within a 6.2 m interval averaging 0.10%. Hydrothermal alteration extended at least 50 m along strike, validating the presence of a fertile unconformity-related uranium system.
3. Additional High-Priority Targets
Beyond Tuning Fork, the 2026 drill plan includes step-out and infill drilling at the structurally controlled Beta Grid and the Richardson SE area. Targets were refined using Denison Mines’ historical drilling, modern reprocessing of VTEM data, and conductor modelling to define geometry and depth.
4. Market Context and Strategic Partnerships
With uranium prices near US$100 per pound, Foremost aims to capitalize on favourable market conditions. Collaboration with Denison Mines’ technical framework enhances targeting confidence and could accelerate the delineation of a larger mineralized system.