• TSX-V: FMC | OTCQB:FDCFF

Still Nickel Exploration Project (Saskatchewan)


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


 

 


 


 

 

 

 


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