Foremost Clean Energy Reports Significant Increase in Uranium Grade from Assays Received for Recent Discovery at its Hatchet Lake Project

Core Insights - Foremost Clean Energy Ltd. has reported final geochemical assay results from its successful 2025 winter drill program at the Hatchet Lake Uranium Property, indicating a significant increase in uranium mineralization grades [1][3][6] Summary by Sections Discovery and Results - The discovery at the Tuning Fork target is a major milestone, resulting from a strategic relationship with Denison Mines Corp. The highlight drill hole TF-25-16 revealed a 6.2-meter zone of mineralization, with a notable 0.45-meter interval showing nearly 1% U3O8 [3][4] - Assay results from TF-25-16 confirmed a significant increase in U3O8 grades, with 0.87% U3O8 over 0.45 meters, compared to a previous estimate of 0.22% over 0.9 meters [6][12] - The total mineralization from TF-25-16 was reported as 6.2 meters with a grade of 0.10% U3O8, indicating potential proximity to a larger mineralizing system [6][8] Follow-up Drilling - Follow-up drill holes TF-25-17 and TF-25-18 showed strong hydrothermal alteration, suggesting the presence of a larger mineralized system [9] - Drill holes TF-25-13 and TF-25-14 encountered uranium anomalies, with TF-25-13 returning 2.5 meters of 0.03% U3O8 [10] Future Plans - The company is integrating new geochemical and structural data to refine exploration strategies and is planning a ground gravity survey for winter 2025-2026 to identify potential hydrothermal alteration anomalies [21][22] - A 2026 winter drill program is being developed to follow up on the successful results from the 2025 drilling [22] Company Overview - Foremost Clean Energy Ltd. is a growing North American uranium and lithium exploration company, holding an option to earn up to 70% interest in 10 uranium properties in the Athabasca Basin region [28][29]