Foremost Clean Energy Advances Uranium Exploration with Advanced Geophysical Survey in Athabasca Basin

Foremost Clean Energy Ltd. has initiated an ambient noise tomography survey at its Murphy Lake South Uranium Property located in Saskatchewan's Athabasca Basin, marking a significant advancement in its exploration strategy. The survey, conducted by Caur Technologies Inc., focuses on refining targets along underexplored stacked graphitic conductors and identifying new zones within east-west and northeast trending corridors. This geophysical approach follows previous drilling that confirmed substantial structural complexity and uranium mineralization, including an intercept of 0.25% U₃O₈ over 6 meters, highlighting the property's potential for significant uranium deposits.

The ambient noise tomography survey serves as a critical precursor to a Phase 1 diamond drilling program, with a Phase 2 program planned for winter 2026. Jason Barnard, CEO of Foremost Clean Energy, emphasized the strategic timing of this exploration, noting the expanding role of nuclear energy in global decarbonization initiatives. The company's partnership with Denison Mines is central to its strategy to leverage increasing uranium demand, particularly in the Athabasca Basin, a region known for its high-grade uranium resources. This collaboration enhances Foremost's ability to capitalize on the basin's prolific geology and supports its position in the competitive uranium exploration sector.

Foremost Clean Energy's exploration efforts are aligned with broader commitments to support the global energy transition through uranium resource development. The company holds interests in over 330,000 acres across 10 properties in the Athabasca Basin, positioning it as a key player in North American uranium exploration. Additionally, Foremost maintains a secondary portfolio of lithium projects in Manitoba and Quebec, diversifying its clean energy assets. This dual focus on uranium and lithium underscores the company's role in supplying critical minerals essential for low-carbon energy technologies, as detailed in their corporate strategy available at https://foremostcleanenergy.com. The ongoing survey and planned drilling programs reflect a proactive approach to meeting future energy needs, with implications for bolstering domestic uranium supply chains amid rising nuclear power adoption worldwide.