Foremost Clean Energy Continues Exploration Success Reporting Positive Lithium Drill Results at its Jean Lake Gold-Lithium Property
Executive Summary
- Foremost Clean Energy released positive lithium assay results from hole JL25‑005B of its 2025 drill program at the 100 % owned Jean Lake Gold–Lithium Project in Manitoba.
- The hole intersected multiple spodumene‑bearing intervals, notably 1.6 % Li₂O over 5.0 m (including 2.8 % Li₂O over 2.1 m) and 1.5 % Li₂O over 4.8 m (including 2.3 % Li₂O over 0.8 m).
- Results are presented amid a market rally in lithium carbonate prices, now above US$20,000 per tonne—the highest level in two years.
Key Details
- Hole JL25‑005B – Core Intercepts
- 1.6 % Li₂O over 5.0 m from 52.0 m depth (incl. 2.8 % Li₂O over 2.1 m).
- 1.5 % Li₂O over 4.8 m from 62.6 m depth (incl. 2.3 % Li₂O over 0.8 m).
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Additional interval: 0.62 % Li₂O over 4.6 m from 73.8 m (incl. 1.13 % Li₂O over 1.0 m).
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Assay Table Highlights
| Hole ID | From (m) | To (m) | Interval (m) | Li₂O (%) | Notes | |---------|----------|-------|--------------|----------|-------| | JL25‑005B2 | 52.0 | 57.0 | 5.0 | 1.64 | Includes 2.80 % Li₂O over 2.1 m | | – | 62.6 | 67.4 | 4.8 | 1.46 | Includes 2.30 % Li₂O over 0.8 m | | – | 73.8 | 78.4 | 4.6 | 0.62 | Includes 1.13 % Li₂O over 1.0 m | -
Cut‑off & Dilution Parameters
- Cut‑off grade used: 0.4 % Li₂O.
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Maximum internal dilution assumed: 1.0 m.
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Drill Geometry
- Azimuth: 212°, dip: –70°.
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Coordinates: 452,829 E, 6,076,336 N (NAD83 Zone 14).
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Historical Context & Upcoming Work
- Completion of historic core re‑sampling program (assays pending) to refine geological model for both lithium and gold.
- Prior gold results from the 2025 drill program: e.g., JL25‑001 – 12.7 g/t Au over 2.1 m; JL25‑002 – 10.7 g/t Au over 5.6 m.
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Six high‑priority 2023 drill holes along the Valkyrie Trend and one from the Midas Trend are slated for re‑sampling, with historic grades ranging up to 102 g/t Au over 0.5 m.
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Analytical & QA/QC Procedures
- Samples processed by SGS Canada Inc.; lithium analyzed via sodium peroxide fusion + ICP‑AES (method GC_ICP92A50) with a reporting limit of 0.001 % Li₂O.
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ISO/IEC 17025‑accredited labs; routine blanks, certified reference materials, duplicates, and pulp replicates employed.
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Qualified Person – Cameron MacKay, P.Geo., VP Exploration (NI 43‑101).
Notable Quotes
“These lithium results are an exciting step forward for Foremost… Intersecting 1.64 % Li₂O over 5 m confirms we are working within a fertile spodumene‑bearing system…” – Jason Barnard, President & CEO.
“Our upcoming drill program at our anchor, the Hatchet Lake Uranium Property… aligns with our exploration strategy in the world’s premier uranium district.” – Jason Barnard.