• TSX-V: FMC

Maurice Point


Ownership:100%
Stage:Highly Prospective; Drill Ready
Size:24,257 Ha along the northwest edge of the Athabasca Basin
Location &
Infrastructure

The Maurice Bay area of Lake Athabasca is located immediately east of the Alberta-Saskatchewan provincial boundary, and is 75 km west of Uranium City.  It is accessible by float or ski-equipped aircraft, barge or boat from Stony Rapids or Fort Chipewyan on Lake Athabasca, and by winter road across the Lake Athabasca ice.

Regional
Significance
The Maurice Point Project covers the extensions of basement structures containing the Maurice Bay mineralization and the favorable Athabasca unconformity.  The shallow Athabasca sandstone varies from surface to 250m depth.
Proximity to
significant
deposits
Adjacent to the historic Maurice Bay deposit, which is part of the NW Athabasca Joint Venture , held by Forum, and its partners: NexGen, Cameco , and AREVA (now Orano).

Outlook:

  • Forum is primarily targeting unconformity type uranium deposits similar to the nearby Maurice Bay deposit and the Cluff Lake/Shea Creek deposits (>100 million lbs.), also located on the west side of the basin, as well as basement-hosted deposits.

Work Programs for 2019

  • A number of drill targets have been identified, but future work has been deferred until market conditions improve.

Historical Work

  • A soil sampling program located down-ice from land based gravity lows was completed during the 2017 summer field season. The soil sampling program tested for boron anomalies that may be associated with the gravity lows. A number of drill targets have been identified, but will have to wait until market conditions improve.

Maps & Figures


Figure 1: Maurice Point Project Claim Map.


Figure 2: Maurice Point Gravity Survey. Blue colours are gravity lows, possibly caused by hydrothermal alteration


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