Vancouver, B.C., July 30, 2013 - Forum Uranium Corp. (FDC: TSX-V) is pleased to announce the commencement of an airborne radiometric survey over its 100% owned Clearwater Project immediately adjacent to the southwest of the Alpha Minerals/Fission Uranium claim boundary. Preliminary interpretation of a recently completed magnetic and electromagnetic survey indicate that the Patterson Lake Conductor, which hosts the Alpha/Fission Patterson Lake South uranium discovery, trends on to Forum’s claims. This fertile conductor and others identified by the survey are prospective hosts for basement style uranium deposits similar to Patterson Lake South.
Goldak Airborne Surveys has commenced a fixed wing airborne radiometric survey equipped with a Radiation Solutions Inc. RS-500 spectrometer having a total crystal detector volume of 50.4 litres. The survey will be flown on 100 metre line spacings for a total of 1,463 line kilometres over Forum’s 99 square kilometre property. The Goldak system has been chosen due to its large crystal volume and high quality of data.to outline trends of radioactivity and/or identify surface radioactivity from uraniferous boulders and/or outcrop.
The airborne radiometric data will be integrated with the airborne magnetic and electromagnetic data that has identified the Patterson Lake Conductor and other prospective conductors on the property. This compilation of airborne data will focus the ground exploration program of prospecting, radon surveys and lake sediment geochemical sampling this August. In addition, further ground geophysical surveys may be considered to identify drill targets.
Ken Wheatley, P.Geo. (Saskatchewan/Nunavut), Forum’s Vice President, Exploration is the Qualified Person that has reviewed and approved the contents of this news release
About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium projects. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. The Company has a strategy to discover near surface uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its 100% owned properties and through strategic partnerships and joint ventures.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard J. Mazur, P.Geo.
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information contact:
Rick Mazur, President & CEO
Matt Terriss, Director, Corporate Affairs
Robin Cook, Senior Account Manager
CHF Investor Relations
Tel: 416-868-1079 x 228