Foremost Clean Energy Discovers Significant Uranium Mineralization in Hatchet Lake Uranium Project.

Foremost Clean Energy has discovered significant uranium mineralization at its Hatchet Lake Uranium Project in Saskatchewan. The mineralization was found in drill hole TF-25-16 and is part of a broader 15-meter zone of alteration. The discovery is promising for further exploration, as the mineralization remains open along and across strike. This finding is part of the company's ongoing 2025 winter drilling campaign.

Foremost Clean Energy Ltd. (NASDAQ: FMST) has announced a significant discovery of uranium mineralization at its Hatchet Lake Uranium Project in Saskatchewan. The mineralization was found in drill hole TF-25-16 and is part of a broader 15-meter zone of alteration. The discovery is promising for further exploration, as the mineralization remains open along and across strike. This finding is part of the company's ongoing 2025 winter drilling campaign.

Drill hole TF-25-16 intersected 0.10% eU3O8 over 6.5 meters within a 15-meter-wide interval of alteration at a new target area on the Hatchet Lake Uranium Project. The mineralization is considered to be open along and across strike, indicating potential for expansion. The discovery is a testament to the strategic value of Foremost's collaboration with Denison Mines Corp. (Denison), which provided a clear roadmap for the inaugural drill program.

Foremost's 2025 winter drilling campaign is part of a $6.5 million exploration budget to test high-priority target areas across its uranium project portfolio. The company is prioritizing follow-up on this discovery while testing additional targets defined by Denison's historical exploration work.

The mineralization encountered in TF-25-16 occurs at or below the unconformity and is associated with strong clay-hematite-chlorite alteration. The discovery is significant as it validates high-potential targets and uncovers new mineralization in Foremost's first field program. The company believes the Athabasca Basin uranium exploration portfolio holds great potential and is committed to advancing its projects through systematic and disciplined exploration programs.

Foremost Clean Energy is a rapidly growing North American uranium and lithium exploration company with a portfolio of projects spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin region of northern Saskatchewan. The company's mission is to make significant discoveries alongside and in collaboration with Denison through systematic and disciplined exploration programs.

References:
[1] https://quantisnow.com/insight/foremost-clean-energy-reports-new-discovery-of-uranium-mineralization-at-hatchet-lake-property-6012383