Foremost Clean Energy Confirms Uranium-Bearing Structures at Murphy Lake South Property

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) has successfully completed a seven-hole, 2,695-metre diamond drill program at its Murphy Lake South Uranium Property located in Saskatchewan's Athabasca Basin. This represents the first drilling activity at the project since 2017 and marks a significant step forward in the company's exploration efforts. The program was strategically designed using historic data from Denison Mines combined with new 3D velocity modeling techniques, allowing for more precise targeting of potential uranium mineralization zones.

The drilling results have confirmed several key geological features consistent with unconformity-style uranium systems, which are characteristic of high-grade uranium deposits found throughout the Athabasca Basin region. Among the most significant findings were strong hydrothermal alteration patterns, reactivated basement structures, and multiple zones of elevated radioactivity within graphitic faulted rocks located near the unconformity. These geological indicators strongly suggest the presence of uranium-bearing fluids and mineralization systems that have historically proven productive in this world-renowned uranium district.

One of the most notable outcomes from the drilling program is the expansion of the alteration footprint by approximately 600 metres, indicating a larger mineralized system than previously understood. The unconformity, a critical geological boundary where uranium mineralization often concentrates, was encountered at relatively shallow depths ranging from 200 to 350 metres. This shallow depth profile could potentially make any future mining operations more economically viable compared to deeper deposits in the region. Laboratory assays are currently pending and will provide quantitative data on uranium concentrations within the intersected zones.

Jason Barnard, CEO of Foremost Clean Energy, emphasized that these results validate the project's exploration model and confirm the presence of uranium-bearing fluid systems. The successful confirmation of these geological features at Murphy Lake South reinforces the property's potential as the company advances its broader portfolio of uranium prospects throughout the Athabasca Basin. For additional information about the company's developments, investors can visit http://ibn.fm/FMST. The full press release detailing these results is available at https://ibn.fm/FLay3.

This drilling success comes at a time when global demand for carbon-free nuclear energy is accelerating, positioning domestically mined uranium as a critical component in the transition to clean energy sources. The Athabasca Basin region of northern Saskatchewan is recognized as one of the world's most prolific uranium districts, hosting several major uranium mines and deposits. Foremost Clean Energy's continued exploration success in this region could contribute to North America's energy security by developing new domestic sources of uranium for nuclear power generation.