Conductor Trend of the Alpha/Fission Patterson Lake South Discovery Confirmed on Forum’s Property
July 3, 2013 – Vancouver, British Columbia (Source: Marketwired) — Forum Uranium Corp. (TSX VENTURE:FDC) is pleased to announce the completion of an electromagnetic and magnetic survey on its 100% owned Clearwater project on the claim boundary immediately southwest of the Alpha Minerals/Fission Uranium Patterson Lake South uranium discovery (see Figure 1). Preliminary results from the survey confirm that the fertile conductive trend that hosts the high-grade uranium discovery on the Patterson Lake South project (the “Patterson Lake Conductor”) extends on to Forum’s property. As a result, Forum increased the survey to fly the property in more detail for better resolution of the conductive corridor.
Forum’s geophysicist, Phil Robertshaw (P.Geo., Saskatchewan) is interpreting the electromagnetic and magnetic data. This is the first phase of this year’s summer exploration program. Plans are to conduct an airborne radiometric survey, radon surveys, further ground geophysical surveys and a detailed prospecting survey in search for uranium boulders and outcrop.
Ken Wheatley, P.Geo. (Saskatchewan/Nunavut), Forum’s Vice President, Exploration is the Qualified Person that has reviewed and approved the contents of this news release.
Change of Address
Forum is pleased to announce a change of address. All phone, fax and email addresses remain the same. Our new address is:
Forum Uranium Corp
United Kingdom Building
Suite 1158, 409 Granville Street
Vancouver, British Columbia, Canada
Get our daily investorintel update
About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium projects. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. The Company has a strategy to discover near surface uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its 100% owned properties and through strategic partnerships and joint ventures.
Figure 1: Forum’s Clearwater claims in the Patterson Lake area (http://media3.marketwire.com/docs/Forum_figure1.jpg). Note that the highest uranium lake sediment anomaly occurs on Forum’s property.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard J. Mazur, P.Geo., President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>