Ownership: | Forum owns a 100% interest in the claims acquired by staking in 2021. |
Stage: |
Early stage exploration. Historical airborne VTEM and magnetic surveys completed by a previous operator identified over 20 conductors extending onto Forum’s ground. In 2022, Forum analysed 63 soil and 41 rock samples from selected target areas tor Ni-Cu-Co. |
Size: |
11,411 ha |
Location & Infrastructure |
The project is located approximately 35 km northwest of the town of La Ronge, Saskatchewan. |
Regional Significance |
Located at the margin of the Rottenstone and La Ronge Domains. Forum’s ground covers a favourable geological trend for hosting potential nickel deposits. |
Significant Nearby Deposits |
On trend with the historical Howard Lake nickel deposit which hosts an estimated resource totaling 245,000 tons grading 1% Ni, 0.4% Cu and 0.04% Co (Not NI 43-101 compliant). The Howard Lake resource estimate was prepared before the implementation of National Instrument 43-101. While the Company believes the resource estimate to be relevant and reliable, a qualified person as defined by NI 43-101 has not completed sufficient work to verify and classify the historical estimate as a current mineral resource, and the Company is not treating the historical estimate as as a current resource. As such it should not be relied upon. It is further noted that mineral resources, which are not mineral reserves, do not have demonstrated economic viability. |
First Phase 2023 Exploration Program
Following up on the 2022 soil and rock sampling program, Forum has commenced a ground geophysical survey. A Max-Min (HLEM) survey totaling 24 line km and a GPS walking magnetometer survey totaling 14.8 km over an area exhibiting favourable geochemstry, Results are expected in the fall.
Still Nickel Exploration Project, La Ronge, Saskatchewan