Foremost Clean Energy Reports Positive Radon Survey Results at Wolverine Uranium Property

Foremost Clean Energy Ltd. has reported results from a comprehensive radon survey conducted at its Wolverine Uranium Property in Saskatchewan's Athabasca Basin, located approximately 15 kilometers southeast of the Cigar Lake Mine. The survey, performed by RadonEx Ltd., collected 893 data points across a grid specifically targeting two potential faults associated with a significant unconformity offset. President and CEO Jason Barnard emphasized that the elevated radon anomalies detected during the survey reinforce confidence in Wolverine's potential to host high-grade uranium mineralization, marking a significant step forward in the property's evaluation.

The data obtained from this extensive survey is currently being integrated with historical geophysical information and previous drill results to refine high-priority drill targets. This integration process represents a crucial phase in optimizing future exploration efforts and maximizing the efficiency of resource identification. The company's systematic methodology demonstrates a disciplined approach to advancing its uranium exploration projects, which range from grassroots initiatives to drill-ready targets. This strategic data integration allows for more precise targeting of mineralization zones, potentially reducing exploration costs and accelerating development timelines.

Foremost Clean Energy maintains a strategic position in the uranium-rich Athabasca Basin region through an option agreement with Denison Mines Corp. The company holds the right to earn up to a 70% interest in 10 prospective uranium properties spanning over 330,000 acres, with the exception of the Hatchet Lake property where Foremost can earn up to 51%. This extensive land package in one of the world's most prolific uranium districts positions the company to potentially contribute significantly to North America's domestic uranium supply chain. The company's mission focuses on making significant discoveries through collaborative efforts with Denison, employing disciplined exploration programs that leverage advanced geological understanding and modern exploration technologies.

The timing of these positive survey results aligns with increasing global demand for carbon-free energy sources, where domestically mined uranium plays a critical role in nuclear power generation. As nations worldwide seek to reduce carbon emissions and transition to cleaner energy systems, reliable domestic sources of uranium become increasingly vital for energy security and environmental sustainability. The successful identification of promising mineralization targets through advanced survey techniques like the radon method demonstrates the evolving sophistication of mineral exploration technologies in supporting the global transition to cleaner energy sources. Additional information about the company's progress and developments is available through their newsroom at https://ibn.fm/FMST.