Drilling Commences at Forum’s Wollaston Uranium Project

Forum Energy Metals Corp. (TSX.V: FMC) announced that the drill has started operating on its Wollaston uranium project, located 10 kilometers south of Rabbit Lake Uranium Mill and 30 kilometers south of McClean Lake Uranium Mill in the Athabasca Basin. Before Christmas, 1,000 meters will be drilled, followed by 2,000 meters in the new year to test priority targets identified by the recent airborne magnetic/ electromagnetic survey. Cyr Drilling Ltd. of Winnipeg, Manitoba, has supplied the drill and workforce. Strong geochemical and alteration values were encountered in one of four holes drilled last winter on the Gizmo zone, where uranium grades were as high as 0.21% U3O8. Because of the bad ground conditions, the targets on the project’s west side will be drilled first, near the all-weather road to the McClean Lake and Rabbit Lake uranium mine/mill complexes.

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