Foremost Clean Energy presents 10-property uranium exploration portfolio in Athabasca Basin
FMST•
FMST•Foremost Clean Energy’s uranium portfolio comprises 10 properties covering 135,000 hectares in Saskatchewan’s Athabasca Basin region, with more than 100 current and potential targets. It completed Phase 2 of its Denison Mines option agreement in July 2026, meeting CAD 8 million in exploration spending; Phase 3 requires another CAD 12 million and CAD 2.5 million in cash or shares by July 2029.
Foremost Clean Energy’s uranium portfolio comprises 10 properties spanning 135,000 hectares in Saskatchewan’s Athabasca Basin region, with more than 100 current and potential targets. The company completed Phase 2 of its Denison Mines uranium option agreement in July 2026, meeting CAD 8 million in exploration spending. Phase 3 requires another CAD 12 million in exploration spending and CAD 2.5 million in cash or shares by July 2029.
At Hatchet Lake’s Tuning Fork Uranium Zone, nine mineralized holes have been drilled across five drill fences. Roughly 600 meters of the southern trend is sparsely tested.