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Forum Energy Metals Corp.
Summary
| Project: | Janice Lake | |
|---|---|---|
| Deposit: | Jansem, Janice, Kaz | |
| Location: | Canada | |
| Commodities: | Copper-Silver-Lead | |
| Date: | 12/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-12-2019: Forum Energy Metals Corp. announces an Exploration/Drilling Update report for its Jansem, Janice, Kaz deposit at the Janice Lake project. Drilling results incl. 51.8m @ 0.57% Cu, 1.50g/t Ag from 116.2m. Vancouver, B.C., December 3, 2019 - Forum | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ken Wheatley (Internal) | |
| ABSTRACT: | Vancouver, B.C., December 3, 2019 - Forum Energy Metals Corp. (TSX.V: FMC) (“Forum”) is pleased to announce that it has received final assay results from the remaining 12 drill holes completed at the Jansem, Janice, and Kaz targets within the Company’s Janice Lake sedimentary copper project (Figure 1). Multiple, thick, flat lying chalcocite mineralized horizons from surface have been intersected on the property. This first phase of drilling completed by Rio Tinto Exploration Canada (RTEC) has successfully confirmed and extended copper mineralization at the Jansem and Janice targets. Forum and RTEC’s technical teams are reviewing the drill data and a more thorough analysis and interpretation of results are forthcoming. Rick Mazur, President & CEO commented, “Drilling by Rio Tinto intersected thick zones of flat lying, stratabound chalcocite and native copper mineralization with good continuity and near-surface grades. Deeper drilling has demonstrated that multiple horizons of copper mineralization are present. We are gaining confidence that Janice Lake is a strongly mineralized system, as new data generated by this program helps us to understand the full potential of this 52km long sedimentary copper basin.” | |
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