In March 2025, (FMST) began site preparation for its upcoming 2025 drill program at the Hatchet Uranium Project.
This initiative aims to follow up on encouraging results from previous drill programs completed by Denison Mines Corp., focusing on high-priority targets identified through recent exploration activities.
The commencement of site preparation marks a significant step forward in advancing the Hatchet project toward potential development. For more information on the preparations underway, you can read the full press release here.
These recent developments highlight Foremost Clean Energy's proactive approach to advancing its uranium exploration projects, particularly within the resource-rich Athabasca Basin.
The company's strategic initiatives reflect its commitment to contributing to the clean energy sector through the development of domestic uranium resources.
March 12, 2025 Foremost Clean Energy Expands Its Footprint Across the Athabasca Basin with Multi-Site Uranium Exploration Push
Building on the positive assay results, (FMST) unveiled a comprehensive $6.5M exploration program targeting multiple uranium properties within the Athabasca Basin.
This extensive initiative includes drilling, geophysical surveys, and geochemical exploration aimed at identifying and testing new uranium discoveries.
The program reflects the company's commitment to advancing its uranium assets and capitalizing on the growing demand for clean energy sources. For a detailed overview of this exploration plan, refer to the full announcement here.
February 20, 2025 Uranium Confirmed— Foremost Clean Energy (NASDAQ: FMST) Reports Multiple Intercepts at Hatchet Target Zones
In February 2025, (FMST) announced assay results from its Hatchet Uranium Project, revealing multiple intercepts of uranium mineralization at the Richardson and Tuning Fork target areas.
These findings confirm the presence of significant uranium deposits and have identified high-priority targets for further exploration.
The company emphasized that these results underscore the potential of the Hatchet property and plan to conduct immediate follow-up drilling to expand on these discoveries. To dive deeper into these assay results, you can access the full press release here.
7 Reasons Why Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT) Is Topping Our Watchlist This Morning—Friday, April 4, 2025…
1. Denison Mines Corp. Holds a Nearly 19% Stake: One of the most respected names in the uranium sector—known for its historic rise from 8.5 cents to $87—is already backing (FMST) with a significant ownership position.
2. Recent Market Recognition: Between March 11 and March 28, 2025, (FMST) went from $0.55 to $0.89—an approximate 61% move that didn’t happen quietly and didn’t break through weak levels. It cleared key technical thresholds with strong momentum potential.
3. Analyst Coverage: Zacks Small-Cap Research has a $5.45 target on (FMST), laid out by Steven Ralston, CFA. That level suggests over 548% upside potential from its recent range.
4. Low Float: With a public float of fewer than 8M shares and a market cap under $9M, (FMST) operates in rare territory where any shift in demand could lead to the potential for significant swings.
5. Positioned in One of the Richest Uranium Zones on Earth: (FMST) holds rights to earn up to 70% across 10 uranium properties in Saskatchewan’s Athabasca Basin—known to host the highest-grade uranium deposits on the planet, with grades 10 to 100 times higher than the global average. This includes more than 330K acres of prime exploration territory.
6. Drill-Ready Targets and Active Field Work: Assay results in early 2025 confirmed uranium intercepts at key targets. Since then, the company has ramped up a follow-up drill program—site preparation is already underway as of late March.
7. Dual Exposure to Uranium and Lithium: In addition to its uranium assets, (FMST) holds over 55K acres of lithium-focused projects in Manitoba and Quebec. As energy markets transition toward decarbonization, that kind of asset mix could offer added relevance.
Pull Up Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT) While It’s Still Early And Start Your Own Research…
With a foothold in one of the world’s most uranium-rich regions, a tight share structure, and multiple catalysts already in motion, Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT) is starting to attract serious attention.
From confirmed drill results and accelerating field work to backing from one of uranium’s most recognizable names—there’s no shortage of reasons this name is landing on radar screens across the sector.
We have all eyes on (FMST) this morning.
Take a look at (FMST) while it’s still early and start your own research.
Please tell me you’re watching this… (FMST) made an approximate 18% early move—triggering 17 bullish signals on TradingView’s dashboard using the 15 minute time-frame.
Reminder, there’s less then 8M shares in the float and one analyst target suggests over 500% upside potential. And watch for my next update—it could be coming any moment—so check back. |
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