Northwire Canada EditionSaturday, August 8, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Foremost Clean Energy Reports Continued Drilling Success at its Jean Lake Project with Multiple Shallow Gold Intercepts Including High-Grade interval of 34.2 g/t over 0.8m Within 9.0 g/t over 3.5m

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Executive Summary

  • Foremost Clean Energy reported multiple high‑grade gold intercepts from drill holes JL25‑003 and JL25‑004, confirming a shallow, near‑surface mineralized system along the Valkyrie Trend.
  • The most notable assay is 34.2 g/t Au over 0.8 m (included within 9.0 g/t Au over 3.5 m) from hole JL25‑003 at 127.8 m depth, highlighting the project's potential for economically viable near‑surface mining.
  • All significant intercepts occur within 100 m of surface, supporting continued step‑out drilling and upcoming testing of lithium‑bearing pegmatite targets.

Key Details

  • Hole JL25‑003
  • 34.2 g/t Au over 0.8 m (included in 9.0 g/t Au over 3.5 m) – start depth 127.8 m.
  • 9.7 g/t Au over 0.5 m (included in 2.7 g/t Au over 2.6 m) – start depth 89.1 m.
  • 6.2 g/t Au over 1.0 m (included in 1.81 g/t Au over 7.0 m) – start depth 104.5 m.

  • Hole JL25‑004

  • 6.6 g/t Au over 0.7 m (included in 2.7 g/t Au over 1.6 m) – start depth 101.7 m.
  • 5.4 g/t Au over 0.5 m (included in 3.2 g/t Au over 1.5 m) – start depth 90.0 m.
  • 3.3 g/t Au over 0.5 m (included in 1.3 g/t Au over 1.5 m) – start depth 87.0 m.

  • Historical Context

  • Prior intercepts: FM23‑08 (2023) – 102 g/t Au over 0.48 m within 7.50 g/t Au over 7.66 m; JL25‑001/002 (Nov 10 2025) – up to 82 g/t Au over 0.7 m.

  • All significant intercepts are <100 m depth, indicating a near‑surface gold system favorable for low‑cost extraction.

  • Next Steps: Continue step‑out drilling along the Valkyrie Trend and commence testing of lithium‑bearing pegmatite targets; assay results from additional holes pending.

  • QA/QC: Core sampled at 0.5–1.5 m intervals, analyzed by SGS Canada using fire‑assay with atomic absorption finish; blanks, standards, and duplicates inserted per industry best practices.

Notable Quotes

“These latest results highlighted by 34.2 g/t over 0.8 m within 9.0 g/t over 3.5 m underscore the strength of the Jean Lake project… Discovering this calibre of gold mineralization less than 100 m from surface is highly advantageous for ongoing exploration and significantly enhances our confidence in exploring this gold‑mineralized system.” – Jason Barnard, President & CEO


All technical data reviewed and approved by Cameron MacKay, P.Geo., Vice President of Exploration (Qualified Person under NI 43‑101).

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