Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT) announced it has received a three-year exploration permit from the Saskatchewan Ministry of Environment for its CLK Property in the Athabasca Basin. Valid through Dec. 31, 2027, the permit enables up to 30 drill holes and ground geophysics. The company is preparing a fully funded exploration program expected to commence in Q3 2025, with high-priority follow-up targets including the CLG-D1 hole, which previously intersected 8,600 ppm uranium. CEO Jason Barnard highlighted the strategic significance of CLK, originally staked by Denison Mines (NYSE American: DNN), and noted that recently completed geophysical survey results will help refine drill planning.
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About Foremost Clean Energy Ltd.
Foremost Clean Energy, assuming the effectiveness of the transaction, will be an emerging North American uranium exploration company with interests in 10 prospective properties spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin. As global demand for decarbonization accelerates, the need for nuclear power is crucial. Foremost expects to be positioned to capitalize on the growing demand for uranium through discovery in a top jurisdiction with the objective to support the world’s energy-transition goals. Alongside its exploration partner Denison, Foremost will be committed to a strategic and disciplined exploration strategy to identify resources by testing drill–ready targets with identified mineralization along strike of recent major discoveries. Foremost also maintains a secondary portfolio of significant lithium projects at different stages of development spanning over 50,000 acres across Manitoba and Quebec. For more information about the company, visit www.ForemostCleanEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to FMST are available in the company’s newsroom at http://ibn.fm/FMST
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