Jumat, 04 April 2025

Just In: (FMST) Makes Approx. 11% Early Move—Breaking News Confirms Major 2025 Drill Program

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Market Crux Initiates Coverage On Foremost Clean Energy (NASDAQ: FMST) For This Morning—Friday, April 4, 2025!


Here’s What We Can Tell You—So Far…


Denison Mines Corp. Holds Over 19% Of (FMST), Backing The Company With A Sizeable Stake In The Same Region That Fueled Its Historic Rise.


Between March 11 And March 28, 2025, (FMST) Moved Approximately 61% After Clearing Key Technical Levels With Strong Momentum Potential From Its Recent Range.


Zacks Small-Cap Research Has Set A $5.45 Target On (FMST), Which Suggests Over 548% Upside Potential.


With Fewer Than 8M Shares In The Float And A Market Cap Under $9M, (FMST) Could Have The Potential For Significant Swings.


(FMST) Holds Rights Across More Than 330K Acres In The Athabasca Basin, One Of The World's Most Prolific Uranium-Producing Regions.


Uranium Intercepts Were Confirmed In Early 2025, And Site Prep Is Already Underway For The Next Drill Program At The Hatchet Project.


In Addition To Uranium Assets, (FMST) Controls Over 55K Acres Of Lithium Projects In Manitoba And Quebec With Active Development Potential.


Pull Up (FMST) And Start Your Own Research While It’s Still Early…








April 4, 2025



Dear Reader,



Breaking News Out of the Athabasca Basin: Drills are now turning at the Hatchet Uranium Project, where Foremost Clean Energy (NASDAQ: FMST) has officially kicked off its fully funded 2025 drill program.


(FMST) moved approximately 11% in the early session, reaching $.90, coming yesterday’s $.81 close, triggering multiple bullish signals on TradingView’s dashboard.


This 2,000-metre campaign is targeting multiple high-priority zones at the Tuning Fork and Richardson areas—both shaped by historic mineralization, conductive trends, and strong structural indicators. 


With shallow targets and support from Denison Mines, this marks a major step forward in (FMST)’s basin strategy—placing a new catalyst squarely on the table as results begin to take shape.


Keep reading to see why (FMST) is topping our Friday morning watchlist.



In the late 1990s, few paid attention to a tiny company called Denison Mines—even though it previously ran from just 8.5 cents to $87 per share, becoming one of the most dominant forces in uranium during the 20th century.


It didn’t happen overnight. But those who caught the shift early—still talk about it today.


Now, that same company—Denison Mines—is the largest shareholder of a much smaller exploration firm focused in the exact same resource-rich region.


They hold over 19% of it.


And this time, they might not be the first ones in the door.


Foremost Clean Energy (NASDAQ: FMST) has already started to get some recognition from the market—moving approximately 61% in just 14 sessions, from $0.55 on March 11 to $0.89 by March 28.


But based on its current chart setup, float, and recent analyst target… we’re watching it even closer heading into this morning—Friday, April 4, 2025.


That recent 61% move wasn’t random.


It coincided with (FMST) surpassing two key technical levels—its 5-day moving average at $0.8137 and its 20-day at $0.7722.


And now, with the 50, 100, and 200-day moving averages still sitting higher at $.9771, $1.283, and $2.0296 respectively, there’s a case to be made that this move could be the start of something bigger.


But it’s not just technical momentum that has our attention.


Zacks Small-Cap Research has already initiated coverage on (FMST), with Steven Ralston, CFA placing a $5.45 target on the company. That figure suggests a potential upside of over 548% from its recent range.

And with less than 8M shares in the float and a market cap under $9M, (FMST) sits in rare territory—where even a modest shift in attention could have an outsized impact.


Let’s not forget the 19% ownership stake already held by Denison Mines Corp.—a legacy name in uranium that helped shape the last cycle. 


They’ve clearly seen something worth holding onto.


All of this sets the stage for what could be a pivotal session this morning— Friday,, April 4, 2025.


Momentum, structure, and sentiment appear to be aligning—and with FMST still flying under most radars, we’ll be watching closely to see how things unfold at the open.


Keep reading to see why Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT) is topping our watchlist tomorrow morning.


After rising 190% over the last five years, the uranium spot price—and the broader uranium market—remain positioned for further growth, fueled by a combination of tight supply conditions and a wave of renewed demand drivers that continue to gain global traction.


As the global energy landscape shifts toward cleaner, more secure sources, companies with a foothold in premier uranium regions are beginning to attract new attention.


Amazon, Google, Meta Push for Nuclear Expansion—What This Could Mean for Uranium…

The global transition toward clean, reliable energy has reignited interest in nuclear power—placing uranium in the spotlight once again. 


As governments and industries seek low-carbon solutions that can meet rising demand, nuclear energy is emerging as a key piece of the long-term strategy.


Major technology companies like—including Amazon, Google, and Meta—have now gone public in their support for tripling nuclear power capacity by 2050.


Their backing comes as electricity consumption from data centers, artificial intelligence (AI), and the cry-pto-currency sector is projected to double by 2026, with data centers already serving as one of the fastest-growing sources of electricity demand globally.


This shift highlights the tech industry’s increasing reliance on nuclear energy to supply the consistent, large-scale power required to sustain digital infrastructure—without the carbon footprint of traditional sources.


At the same time, public sentiment around nuclear energy is shifting in a positive way.


Earlier this week, on April 2, 2025, the World Nuclear Association reported that in 24 out of 35 countries surveyed, a growing number of people believe nuclear energy will have a positive impact on their lives over the next 20 years.


In the European Union, support for nuclear power reached 56% in 2024, up significantly from just 35% in earlier years.


The uranium market itself is also evolving. 


As part of the broader clean energy transition, nuclear power’s ability to deliver massive energy output with minimal emissions is driving renewed demand for uranium.


This trend is creating a new landscape—where exploration-stage companies tied to high-grade uranium regions are gaining fresh attention.


And as demand builds, one little-known company beginning to stand out is Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT).


About Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT)...

Foremost Clean Energy (NASDAQ: FMST) is a rapidly growing North American exploration company focused on two of the most critical elements driving the clean energy transition: uranium and lithium.


You can view the company’s latest corporate presentation here.

The company holds an option to earn up to a 70% interest across 10 highly prospective uranium properties in Canada’s renowned Athabasca Basin—a region widely recognized as one of the world’s richest sources of high-grade uranium. (The exception being the Hatchet Lake project, where (FMST) can earn up to 51%.)


These properties span more than 330K acres in northern Saskatchewan and range from early-stage grassroots projects to those with significant historical exploration and drill-ready targets.


As demand accelerates for carbon-free energy solutions, both domestically sourced uranium and lithium are gaining renewed attention—and (FMST) appears well-positioned on both fronts.


In addition to its uranium interests, the company also holds a diverse portfolio of lithium projects spread across over 55K acres in Manitoba and Quebec. 


These projects are at varying stages of development and add another layer of strategic upside as electrification efforts intensify across North America.


(FMST)’s exploration programs are systematic, disciplined, and carried out in collaboration with Denison Mines Corp., which currently holds approximately 19% of the company.


Together, they aim to unlock the next major discovery in regions that have already proven to be highly productive.


Recent Developments…


Here's a quick look at the company’s latest progress in the field—headlined by drilling, new targets, and preparation for a pivotal 2025 program.


March 27, 2025 

Momentum Builds— Foremost Clean Energy (NASDAQ: FMST) Starts Site Prep for Hatchet Drill Program

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.


(FMST) moved approximately 11% in the early session, reaching $.90, coming yesterday’s $.81 close, triggering multiple bullish signals on TradingView’s dashboard.


Are you watching this yet? 


Reminder, there’s less then 8M shares in the float and one analyst target suggests over 500% upside potential.



Keep an eye out for my next update.

Sincerely,


Gary Silver

Managing Editor,

MarketCrux

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*Foremost Clean Energy Ltd. (FMST:US) (FAT:CA) previously changed their company name from Foremost Lithium Resource & Technology Ltd. (FMST:US) (FAT:CA). Pursuant to an agreement between Headline Media LLC and TD Media LLC, Headline Media LLC has been hired for a period beginning on 04/03/2025 and ending on 04/04/2025 to publicly disseminate information about (FMST:US) (FAT:CA) via digital communications. Under this agreement, Headline Media LLC has been paid five thousand USD (“Funds”). To date, including under the previously described agreement, Headline Media LLC has been paid twelve thousand five hundred USD (“Funds”). These Funds were part of the funds that TD Media LLC received from a third party who did receive the Funds directly or indirectly from the Issuer and does not own stock in the Issuer but the reader should assume that the clients of the third party own shares in the Issuer, which they will liquidate at or near the time you receive this communication and has the potential to hurt share prices. Neither Headline Media LLC, TD Media LLC and their member own shares of (FMST:US) (FAT:CA). Please see important disclosure information here: https://marketcrux.com/disclosure/fmst/#details

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