Foremost Clean Energy Reports High-Grade Gold Results from First Two Holes of 2025 Jean Lake Drill Program Highlighted by 10.7 g/t Au over 5.6 m Including 82 g/t Au over 0.7 m

Executive Summary
- Foremost Clean Energy reports high‑grade gold intercepts from the first two holes (JL25‑001 and JL25‑002) of its 2025 drill program at the 100 % owned Jean Lake Gold–Lithium Property in Manitoba.
- Notable assays include 12.7 g/t Au over 2.07 m (including 40 g/t Au over 0.6 m) and 10.7 g/t Au over 5.6 m (including an exceptional 82 g/t Au over 0.7 m).
- The results expand the known mineralized footprint of the Valkyrie Trend, confirming a larger gold‑bearing system and supporting continued drilling and upcoming lithium testing.
Key Details
- Hole JL25‑001:
- 12.7 g/t Au over 2.07 m from 118.18 m depth (incl. 40 g/t Au over 0.6 m).
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Additional lower‑grade intervals: 3.9 g/t Au over 1.5 m (53.5–55.0 m) and 1.2 g/t Au over 6.7 m (74.0–80.7 m, incl. 8.3 g/t Au over 0.5 m).
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Hole JL25‑002:
- 10.7 g/t Au over 5.6 m from 100.5 m depth (incl. 82 g/t Au over 0.7 m).
- 5.0 g/t Au over 2.2 m from 113 m depth (incl. 21.4 g/t Au over 0.5 m).
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Additional interval: 1.5 g/t Au over 1.5 m (179.5–181.0 m).
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Comparison to historic drill hole JL23‑008: Previously reported 7.50 g/t Au over 7.66 m (incl. 102 g/t Au over 0.48 m); the new intercepts extend beyond this footprint, indicating a larger system.
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Drill geometry:
- JL25‑001 azimuth 245°, dip –45°, located at 452872 E, 6076541 N (NAD83 Zone 14).
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JL25‑002 azimuth 245°, dip –60°, located at 452877 E, 6076539 N (NAD83 Zone 14).
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Sampling & QA/QC: Core collected as NQ size; intervals sampled at 0.5 m in mineralized zones and 1.5 m elsewhere. Analyses performed by SGS Canada using fire‑assay with AAS/gravimetric finish and ICP‑MS for multi‑elements. Blanks, standards, and duplicates inserted on a ~11–12 % basis.
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Next steps: Continue step‑out drilling along the Valkyrie Trend and commence systematic testing of spodumene‑bearing B1 pegmatite for lithium; assay results from subsequent holes pending.
Notable Quotes
“We are extremely encouraged that the first two holes of our 2025 program have exceeded our expectations… The presence of multiple high‑grade intercepts, highlighted by an exceptional 82 g/t result, strongly validates the high‑grade nature of the mineralizing system.” – Jason Barnard, President & CEO
“At a time of record gold prices, we are advancing a high‑grade gold discovery at Jean Lake… represents a potential powerful growth catalyst for our company.” – Jason Barnard