Forum Energy Metals Corp. is a Canadian company diligently working towards finding significant reserves of copper, nickel, palladium, platinum, gold, and uranium to sustainably fuel the increasing global demand for new-age, greener technologies. From green energy and electric vehicles to the latest in battery technology, Forum Energy Metals is doing its part.
Copper Exploration
Forum Energy Metals Corp has a strong emphasis on copper exploration, which is a critical component for the generation and transmission of electricity. Copper is indispensable for industries driving the renewable energy transition including wind, solar, and electric vehicles, as they all extensively require copper. The company set its sights on Saskatchewan’s Saskatoon region for copper exploration due to the location’s high potential, and has gained through acquisition, by far the most extensive land package in that region.
Copper Deposits
In the prolific copper territory, the company possesses the Janice Lake Copper Project, Love Lake Nickel-Copper-PGE Project, and Key Lake Road Copper Project. The Janice Lake Copper Project has paved the way for mining success, featuring a highly prospective sedimentary copper deposit. Rio Tinto, one of the world’s largest mining companies, has partnered with Forum on this project as a joint venture partner committing to spend $30 million over seven years.
Subsequently, Forum’s Love Lake Project is a more recent acquisition. Preliminary prospecting results have revealed promising copper-nickel-palladium values and geophysical surveys are underway to further identify drill targets. As for the Key Lake Road Project, it reveals similar potential, with historical surface sampling and planned airborne geophysical surveys to identify priority drill target areas.
Uranium Exploration
Being a Canadian based exploration company, Forum Energy Metals Corp. couldn’t overlook the abundant uranium resources in its backyard. It has inferred considerable mineral resources through its prospecting rights over select areas in Saskatchewan’s for the uranium-rich sandstones in Athabasca Basin.
The Athabasca Basin is popular for having the world’s highest-grade uranium deposits. The Canadian company’s strategic move into this region can be observed through its projects like Fir Island Project, Wollaston Uranium Project, and others alike. The company’s efforts to define high-grade uranium resources within the basin, demonstrate its commitment to not only help power the green decision, but also nuclear power plants which is another important player in the sustainable power industry.
Nickel-Palladium-Platinum Exploration
With the shift towards a sustainable, greener future, Forum Energy Metals Corp. understands the critical role that Nickel, Palladium, and Platinum play in the development of new technologies. Specifically, Nickel is an important component of Lithium-Ion batteries that power electric vehicles and store renewable energy. On the other hand, Palladium and Platinum are key in reducing harmful car emissions.
To that end, Forum’s Love Lake project has shown promising preliminary exploration results and detailed aeromagnetic surveys that signal targets for Nickel-Copper-Palladium-Platinum mineralization. Solidifying its commitment in advancing this exploration, the company scheduled a drill program for the project, marking another milestone for Forum Energy Metals Corp.
Forum Energy Metals Corp demonstrates how global industries can blend the need for valuable resources with responsible stewardiship
