Foremost Clean Energy Announces 3-Year Drill Permit for Hatchet Uranium Project and Plans for Upcoming 3,000 Metre Winter Drill Program

Core Insights - Foremost Clean Energy Ltd. has received a three-year exploration permit for its Hatchet Lake Uranium Project, allowing for up to 50 drill holes until December 28, 2028 [1][2] - The uranium industry is experiencing a significant supply-demand deficit, with projections indicating a need for new uranium discoveries to support the anticipated growth in nuclear power capacity [2] - The company plans a 3,000-metre drill program for winter 2025-2026, focusing on high-priority targets including the Tuning Fork discovery and areas identified by Denison Mines Corp. [3][5][6] Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding options to earn up to 70% interest in 10 uranium properties in the Athabasca Basin, covering over 330,000 acres [9][11] - The company is committed to disciplined exploration aimed at discovering new uranium deposits, which are essential for the future clean energy economy [6][11] - In addition to uranium projects, Foremost has a portfolio of lithium projects across more than 55,000 acres in Manitoba and Quebec [12]