Foremost Clean Energy starts winter exploration program at Hatchet Lake Uranium Project in 2025

From GlobeNewswire: 2025-03-27 08:00:00

Foremost Clean Energy Ltd. has started its 2025 winter exploration program at the Hatchet Lake Uranium Project in northern Saskatchewan. The program includes 2,000 meters of diamond drilling to follow up on previous uranium mineralization findings. The company aims to capitalize on the growing demand for nuclear power with the uranium market at a critical juncture. CEO Jason Barnard is optimistic about the project’s potential for high-grade uranium discoveries in the Athabasca Basin.

The Hatchet Lake Drill Program will focus on two high-priority target areas, Tuning Fork, and Richardson. The program aims to test sandstone-hosted and basement-hosted uranium mineralization along conductive trends with known fault structures. Previous drilling results have shown promising uranium mineralization, making Hatchet a key exploration site in the Eastern Athabasca Basin. The program will strategically target areas with confirmed mineralization and conductive anomalies identified through geophysical surveys.

Foremost’s strategic pivot to uranium exploration comes at a crucial time as the global demand for nuclear power is increasing. With over 30 countries and 160 corporations pledging to triple nuclear power capacity by 2050, there is a significant need for new uranium sources. The company’s focus on stable jurisdictions like Canada positions them well to capitalize on the growing demand for nuclear energy. The upcoming 2025 drill campaign at Hatchet Lake aims to maximize the potential for discovering high-grade uranium mineralization in key target areas.



Read more at GlobeNewswire: Foremost Clean Energy Commences Site Preparation for 2025