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Forum Energy Metals Corp.

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Summary

Project:

Janice Lake

Deposit:Janice Lake
Location:Canada
Commodities:Copper
Date:10/10/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:10-10-2018: Forum Energy Metals Corp. announces an Exploration/Drilling Update report for its Janice Lake deposit at the Janice Lake project. Drilling results incl. 50.50m @ 0.45% Cu from 27.0m. Vancouver, B.C., October 10, 2018 - Forum Energy Metals Corp
Resources:x
CP/QP:[Overall Report]: Ken Wheatley (Internal)
ABSTRACT:Vancouver, B.C., October 10, 2018 - Forum Energy Metals Corp. (TSX.V: FMC) (“Forum”) is pleased to announce results from its recently completed four-hole diamond drill program on its Janice Lake sedimentary copper project located in northern Saskatchewan’s Wollaston Copperbelt. All four holes encountered copper mineralization within 80 m of surface with Hole FEM-01 intersecting 19 m grading 1.00 % Copper including 5.7 m of 2.18 % Copper within a 50.5 m interval grading 0.45 % Copper. A summary of assay results are shown below in Table 1. Drill hole locations and a cross section are shown in Figures 1 and 2. Rick Mazur, President & CEO of Forum Energy Metals commented, “This limited drill program has not only successfully confirmed the presence of high-grade copper at Janice Lake, more importantly, the continuity of copper mineralization has been demonstrated along strike and at shallow depths. With district scale copper mineralization observed over 10km, Janice Lake exhibits enormous potential to build on this early success. Forum is planning follow-up drilling this winter to test other high priority targets.”

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