VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost" or the "Company") is pleased to report the final assay results from its 2025 diamond drill program at its 100%-owned Jean Lake Gold-Lithium Property (“Jean Lake”) located near the historic mining centre of Snow Lake in Manitoba. The program consisted of 15 drill holes (see Figure 1) totaling 2,266 metres (see News Release dated December 8, 2025). Final assays returned high-grade ne ...

Core Viewpoint - Greenridge Exploration Inc. has commenced its 2026 winter drilling program at the Hook-Carter Uranium Project, which is a joint venture with Denison Mines Corp. The project is strategically located in the southwestern Athabasca Basin, known for its rich uranium deposits [1][3]. Group 1: Drilling Program Details - The 2026 drilling program will involve up to eight diamond drill holes, totaling approximately 4,600 meters [4]. - The drilling targets were established through the integration of 2025 ground geophysical surveys and historical exploration data, focusing on the underexplored Derkson Trend [4]. - The program is expected to be completed by the end of March 2026, with operations based from a temporary work camp on-site [5]. Group 2: Project Background - The Hook-Carter Project consists of eleven claims covering 25,115 hectares and is located approximately 147 kilometers northeast of La Loche, Saskatchewan [6]. - The project is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, which includes significant uranium deposits from other companies [6][7]. - Denison Mines Corp. holds an 80% interest in the project, while Greenridge retains a 20% interest [1]. Group 3: Joint Venture Agreement - In October 2016, ALX Resources Corp. sold an 80% interest in the project to Denison for 7.5 million common shares, retaining a 20% interest [8]. - Denison's exploration expenditures at Hook-Carter from 2016 to 2023 totaled approximately $7.08 million, which included nearly 12,000 meters of diamond drilling [8]. - In December 2024, Greenridge acquired ALX Resources and assumed its ownership interest and funding obligations in the joint venture [10]. Group 4: Company Overview - Greenridge Exploration Inc. is focused on creating shareholder value through the acquisition, exploration, and development of critical mineral projects in Canada, owning or having interests in 23 projects covering approximately 269,246 hectares [13]. - The company has one of the largest uranium property portfolios in Canada, consisting of 14 projects covering about 190,932 hectares [14]. - Greenridge's management team has significant expertise in capital raising and advancing mining projects, positioning the company to attract new investors [14].

Core Insights - Greenridge Exploration Inc. has provided an update on its uranium and critical metals exploration activities in the Athabasca Basin region of Saskatchewan, Canada, for the year 2025 [1][2]. Exploration Activities - In 2025, the company conducted an extensive exploration program across six projects in northern Saskatchewan, utilizing advanced technologies to create a robust geological dataset for future drilling initiatives [2]. - The exploration team, contractors, and partners were commended for their dedication and expertise, with plans to advance results into the 2026 field season [2]. Project Summaries Hook-Carter Uranium Project - The Hook-Carter project consists of 11 claims covering 25,115 hectares and is located approximately 147 kilometers northeast of La Loche, SK [5]. - It is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, which includes significant uranium deposits [5]. - Greenridge holds a 20% interest in Hook-Carter, with an option to increase to 25% by spending $3 million on exploration by November 2026 [6]. - A moving loop time-domain electromagnetic survey was completed in fall 2025, enhancing target resolution and validating previous interpretations [6][7]. Carpenter Lake Uranium Project - Carpenter Lake consists of 12 mineral claims covering approximately 18,680 hectares, with Greenridge owning 60% and acting as the operator [8]. - The project lies along the Cable Bay Shear Zone, a major geological structure that remains underexplored [9]. - In September 2025, eight diamond drill holes were completed, totaling 1,368 meters, intersecting prospective lithologies for uranium mineralization [10]. - Anomalous radioactivity was detected in three of the eight drill holes, indicating potential uranium-bearing fluids mobilized along the CBSZ [11]. Sabre Uranium Project - The Sabre project comprises 39 claims totaling 23,178 hectares, located approximately 30 kilometers west of Stony Rapids, SK [12]. - A deep-penetrating MobileMT airborne electromagnetic survey was conducted in spring 2025, covering 1,536 line kilometers [13]. - The results are being integrated into a 3-D model to assist in identifying new target zones [13][14]. McKenzie Lake Uranium Project - McKenzie Lake consists of three mineral claims covering approximately 5,766 hectares, 100% owned by Greenridge [15]. - An airborne electromagnetic survey was conducted in 2025, mapping a major fault zone and discrete conductive zones [17]. - The project has an active exploration permit valid until March 31, 2027 [19]. Bradley Lake Uranium Project - Bradley Lake consists of a single mineral claim of 1,147 hectares, 100% owned by Greenridge [20]. - Historical uranium showings have been documented, with grades in outcrop samples reaching up to 3.53% U3O8 [20]. - An airborne survey in 2025 provided high-resolution EM data, detecting a conductive zone associated with known uranium-bearing zones [21][22]. Flying Vee Nickel Project - The Flying Vee project consists of five mineral claims totaling 9,036 hectares, located approximately 25 kilometers north of Stony Rapids, SK [23]. - An airborne survey in 2025 detected conductive zones coincident with mineral showings, and radiometric data was collected to map the potential extent of the Day Lake gold showing [24][25]. - The project has an active exploration permit valid until March 31, 2028 [25]. Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on creating shareholder value through the acquisition, exploration, and development of critical mineral projects in Canada [29]. - The company owns or has interests in 23 projects covering approximately 269,246 hectares, with significant exposure to potential uranium, nickel, copper, and gold discoveries [29][30].

Core Viewpoint - Cosa Resources Corp. has commenced drilling at its Darby project and plans to follow up with drilling at Murphy Lake North, both located in the eastern Athabasca Basin, Saskatchewan, as part of a joint venture with Denison Mines Corp. [1][12] Group 1: Drilling Plans - Approximately 2,500 metres of drilling are planned at the Darby project in winter 2026 to test priority targets identified from a 2025 core relogging and reinterpretation program [2] - Drilling at Murphy Lake North will comprise approximately 1,200 metres, targeting a gap in existing drilling and testing a potential trend parallel to the Cyclone trend [3] Group 2: Project Details - The Darby project is located 10 kilometres west of Cameco's Cigar Lake Mine and has multiple prospective conductive trends with historical intersections of weak uranium mineralization [5] - Murphy Lake North is situated 2.7 kilometres east of the Hurricane deposit, which is known for being the world's highest-grade indicated uranium resource [6] Group 3: Joint Venture and Strategic Collaboration - Cosa holds a 70% interest in both the Darby and MLN projects, with Denison holding the remaining 30% [1][12] - In January 2025, Cosa entered a strategic collaboration with Denison Mines, securing access to additional highly prospective uranium exploration projects in the eastern Athabasca region [10]

Core Insights - Greenridge Exploration Inc. has successfully completed its Summer 2025 diamond drilling program at the Carpenter Lake Project, achieving a total of 1,368 meters across eight drill holes [1][3][11] - The drilling program has provided significant geological information that will guide future exploration efforts, indicating the potential for uranium mineralization in the area [2][15] Drilling Program Details - Eight drill holes were completed, targeting geophysical and geochemical anomalies along the Cable Bay Shear Zone (CBSZ), with two holes lost due to technical issues [3][11] - The drilling intersected prospective lithologies, including graphitic pelitic gneisses with anomalous geochemistry, indicating the presence of uranium and other pathfinder elements [3][11] - Anomalous radioactivity was detected in three of the eight holes, associated with favorable rock types and structural zones [3][11] Geological Findings - The 2025 drill program confirmed that the prospective graphitic pelitic gneisses extend further south than previously known, with evidence of uranium-bearing fluids mobilizing along the CBSZ [3][11][15] - Structural features such as stacked graphitic-sulphidic shear zones and boron-rich dravite alteration were identified, supporting the potential for uranium mineralization [11][12][15] Future Exploration Plans - Greenridge plans to conduct further testing in areas where gravity lows coincide with structural breaks and electromagnetic conductors [9][10] - A ground gravity survey is being commissioned to enhance understanding of the structural elements that may control uranium mineralization [10] Project Overview - The Carpenter Lake Project consists of nine mineral claims covering approximately 15,091 hectares, with Greenridge holding a 60% interest [4][5] - The CBSZ is a significant geological structure that has been largely underexplored for uranium deposits, characterized by conductive signatures and radiometric anomalies [5] Community Engagement - Greenridge has established exploration agreements with local Indigenous communities, ensuring their involvement in environmental monitoring and providing financial benefits [16]

Core Viewpoint - CanAlaska Uranium Ltd. is set to initiate winter drill programs in 2026 for its Key Extension and Nebula projects, focusing on high-priority exploration targets identified through recent airborne geophysical surveys [1][3][15] Exploration Plans - The company plans to start drill programs in Q1 2026 on the Key Extension and Nebula uranium projects, located 15 km and 30 km south of the Key Lake Mine and Mill [3][4] - A $15 million exploration program is also underway for the West McArthur Project, with the company fully funded for its exploration activities in 2026 [1][16] Target Areas - The Key Extension project has identified three priority target areas over ten kilometers of largely untested conductive corridor, with one area located up-ice from the historically reported radioactive Orchid Lake boulder field [8] - The Nebula project has two priority target areas, featuring over 13 km of untested target conductor corridor similar to Cameco's Eagle Point Mine [8] Geophysical Surveys - The company has conducted high-resolution helicopter-borne radiometrics and magnetics surveys over most of its land portfolio to identify and prioritize basement conductors and refine areas of interest for future drilling [4][10] - Ground-based electromagnetic surveys are planned for the Waterbury South and Cree East projects to generate targets for future drilling [10][11] Joint Ventures and Collaborations - The Moon Lake South project, a joint venture with Denison Mines Corp., will undergo a geophysical exploration program in 2026 to map untested conductive corridors [13] - The West McArthur project is a joint venture with Cameco Corporation, focusing on expanding high-grade uranium mineralization [16] Company Overview - CanAlaska Uranium Ltd. is a leading uranium explorer in the Athabasca Basin, with a portfolio of approximately 500,000 hectares and a focus on both basement and unconformity uranium deposit potential [21]

Core Viewpoint - Greenridge Exploration Inc. has entered into a six-month marketing agreement with RMK Marketing Inc. to enhance its online marketing efforts, with a budget of up to $500,000 CAD [1][3]. Group 1: Agreement Details - The agreement with RMK will commence on January 15, 2026, and will involve various marketing services including AdWords campaign management and optimization [2][3]. - Greenridge will compensate RMK $250,000 CAD, with the option to increase the budget to $500,000 CAD during the term of the agreement [3]. Group 2: Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on acquiring, exploring, and developing critical mineral projects in Canada, with interests in 21 projects covering approximately 281,100 hectares [4]. - The company has a significant portfolio in uranium, lithium, nickel, copper, and gold, with 13 uranium projects covering about 194,350 hectares [5]. Group 3: Project Highlights - The Black Lake property has historical results showing 0.69% U3O8 over 4.4 meters from a discovery hole [7]. - The Firebird Nickel property has seen drilling results of 0.36% Ni and 0.09% Cu over 23.8 meters [7]. Group 4: Management and Strategy - The management team and board of directors possess extensive expertise in capital raising and advancing mining projects, positioning the company to attract new investors [8].

Core Viewpoint - Greenridge Exploration Inc. has successfully closed a non-brokered private placement of flow-through units, raising gross proceeds of $2,035,977.65 to fund eligible Canadian exploration expenses related to its projects in Canada [1][2]. Group 1: Offering Details - The company issued 5,817,079 flow-through units at a price of $0.35 per unit, each unit consisting of one common share and one purchase warrant [1]. - Each warrant allows the holder to purchase one common share at a price of $0.40 for a period of 24 months from issuance [1]. - The offering is classified as a related party transaction, with significant subscriptions from company directors and the CEO totaling $756,349.95 [3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" under the Income Tax Act (Canada) [2]. - All qualifying expenditures will be renounced in favor of the subscribers effective December 31, 2025 [2]. Group 3: Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on acquiring, exploring, and developing critical mineral projects in Canada, owning or having interests in 21 projects covering approximately 281,100 hectares [6]. - The company has a significant portfolio in uranium, lithium, nickel, copper, and gold, with 13 uranium projects covering about 194,350 hectares [7]. - The management team possesses extensive expertise in capital raising and advancing mining projects, positioning the company to attract new investors [8].

Company Overview - Foremost Clean Energy Ltd. is a rapidly growing North American uranium and lithium exploration company, holding an option from Denison Mines Corp. to earn up to 70% interest in 10 prospective uranium properties across over 330,000 acres in the Athabasca Basin region of northern Saskatchewan [2] - The company also has a portfolio of lithium projects at varying stages of development, located across more than 55,000 acres in Manitoba and Quebec [3] Recent Developments - At the annual general meeting held on December 16, 2025, all matters submitted for shareholder approval were approved, including the election of six directors and the appointment of Davidson & Company LLP as auditors for the upcoming year [1] - The company’s amended and restated stock incentive plan was also approved during the meeting [1]

Core Viewpoint - Greenridge Exploration Inc. has announced plans for a winter drilling program in 2026 at the Hook-Carter Uranium Project, marking the first drilling since 2019, with Denison Mines Corp. as the operator [1][3]. Project Overview - The Hook-Carter Project is located in the Southwestern Athabasca Basin, Saskatchewan, covering 25,115 hectares, with Greenridge holding a 20% interest and Denison holding 80% [1][7]. - The project is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, a significant area for uranium deposits [1][7]. Drilling Program Details - The 2026 drilling program will consist of up to eight diamond drill holes totaling approximately 4,600 meters, expected to be completed by the end of March 2026 [6]. - An exploration permit was received in December 2025, allowing for geophysical surveying and up to 40 drill holes, valid until December 31, 2027 [6]. Historical Context - The last drilling at Hook-Carter occurred in 2019, and since then, exploration momentum for high-grade uranium in the region has increased [3]. - Denison's exploration expenditures at Hook-Carter from 2016 to 2023 totaled approximately $7.08 million, including nearly 12,000 meters of diamond drilling [9]. Joint Venture Agreement - In October 2016, ALX Resources Corp. sold an 80% interest in the project to Denison for 7.5 million common shares, retaining a 20% interest [9]. - The joint venture was amended in May 2024, allowing ALX to increase its ownership to 25% by funding an additional $3.0 million in exploration by November 2026 [10]. Company Background - Greenridge Exploration Inc. is focused on mineral exploration, owning or having interests in 21 projects covering approximately 274,420 hectares, with significant exposure to uranium, lithium, nickel, copper, and gold [13]. - The company has one of the largest uranium property portfolios in Canada, consisting of 13 projects covering about 193,200 hectares [14].