Foremost Clean Energy Reports Continued Drilling Success at its Jean Lake Project with Multiple Shallow Gold Intercepts Including High-Grade interval of 34.2 g/t over 0.8m Within 9.0 g/t over 3.5m

Core Insights - Foremost Clean Energy Ltd. has confirmed high-grade gold mineralization at its Jean Lake Gold-Lithium Property, with recent drill results indicating a consistent and expanding mineralized system along the Valkyrie Trend [1][2][11] - The 2025 drill program aims to delineate the near-surface gold discovery and has successfully confirmed a larger mineralized footprint, with significant gold intercepts reported [5][10] Summary by Sections Drill Results - Drill holes JL25-003 and JL25-004 have reported multiple gold intercepts, including 34.2 g/t over 0.8 meters within 9.0 g/t over 3.5 meters in JL25-003, highlighting the strength of the Jean Lake project [3][4] - The results from these drill holes, along with previous intercepts, all occur within 100 meters from the surface, indicating the potential for more near-surface gold [1][5] Company Commentary - Jason Barnard, President and CEO of Foremost, expressed increasing encouragement from the drilling results, noting the consistency of mineralization near the surface [2][4] - The company believes that the combination of shallow high-grade results and a strong gold market positions the Jean Lake project as a compelling value driver for shareholders [4][11] Future Plans - The company plans to continue its 2025 drill program with a focus on further step-outs along the Valkyrie Trend and initial testing of lithium-bearing pegmatite targets, with additional assay results pending [10][11] - The progression of positive drilling results since 2023 provides a clear basis for continued follow-up work on the Valkyrie Trend [11] Technical Details - The 2025 drill program's objective is to test the scale and continuity of the gold discovery and delineate the near-surface, spodumene-bearing B1 Pegmatite [5] - Significant gold intercepts from previous drill holes, such as FM23-08, further validate the potential of the mineralized system [5][7] Company Background - Foremost Clean Energy Ltd. is a North American exploration company focused on uranium and lithium, holding interests in multiple properties across Saskatchewan and Manitoba [18][19] - The company aims to make significant discoveries through systematic exploration programs in response to the growing demand for carbon-free energy [18]