Back to news

Foremost Reports Assay Results from Tuning Fork Uranium Zone Including High-Grade Highlight of 1.3% U₃O₈ over 1.0 Metre

Globe Newswire•27/10/2026•07:00 ET
0

Key Highlights

  • ➤TF-26-30 returned 1.3% U₃O₈ over 1.0 metre, including 4.5% over 0.25 metres
  • ➤Eight drill holes identified uranium mineralization across 200 metres of strike
  • ➤Mineralized trend remains open 600 metres south and 250 metres north
  • ➤2026 program completed 19 diamond drill holes totaling 3,848 metres
  • ➤Follow-up drilling will prioritize extensions, particularly untested southern targets

Expert Statements

David Cates, Interim CEO of Foremost Clean Energy Ltd.

“These high-grade results are an encouraging step forward in our evaluation of Hatchet Lake and showcase that the discovery potential of Foremost’s Athabasca Basin project portfolio is among the best in the sector. The highest-grade interval from TF-26-30 is comparable to the mineralization encountered at Cosa’s Cyclone target on the Murphy Lake North property and F3 Uranium’s Tetra Zone on the Patterson Lake North property – positioning the TFUZ as one of the most exciting pre-resource mineralized uranium prospects in the region.”

Cameron MacKay, Vice President of Exploration of Foremost Clean Energy Ltd.

“TF-26-30 demonstrates that the Tuning Fork system can concentrate uranium at high grades, which increases the potential for the discovery of a meaningful uranium deposit. Our next step is to understand the geological controls on that mineralization and identify where similar conditions may occur. Some of our most promising targets are located to the south of our existing drilling in an area that is virtually untested with sparse historical drilling that is interpreted to have missed the expected target area – making this an important priority for future follow-up drilling.”

VANCOUVER, British Columbia, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”) is pleased to announce chemical assay results from its 2026 drilling program at the Hatchet Lake South Uranium Project (“Hatchet Lake”) in northern Saskatchewan (Figure 1). Results are highlighted by a high-grade intercept of 1.3% U₃O₈ over 1.0 metre in drill hole TF-26-30 at the Tuning Fork Uranium Zone (“TFUZ”). Taken together, the 2026 drill program identified uranium mineralization, above a cut-off grade of 0.05% U₃O₈, in eight drill holes across multiple drill fences spanning 200 metres of strike length.

Highlights * High-grade mineralization: TF-26-30 returned 1.3% U₃O₈ over 1.0 metre, including 4.5% U₃O₈ over 0.25 metres, within a broader interval of 0.36% U₃O₈ over 4.0 metres. * 200 metres of mineralized strike length: Notable uranium mineralization, above a cut-off grade of 0.05% U₃O₈, identified in eight drill holes spread across multiple drill fences. * Open to the north and south: The mineralized trend is sparsely tested, with approximately 600 metres open to the south and 250 metres open to the north. David Cates, Interim CEO of Foremost, commented: “These high-grade results are an encouraging step forward in our evaluation of Hatchet Lake and showcase that the discovery potential of Foremost’s Athabasca Basin project portfolio is among the best in the sector. The highest-grade interval from TF-26-30 is comparable to the mineralization encountered at Cosa’s Cyclone target on the Murphy Lake North property and F3 Uranium’s Tetra Zone on the Patterson Lake North property – positioning the TFUZ as one of the most exciting pre-resource mineralized uranium prospects in the region.”

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in