Foremost Clean Energy Launches Gravity Survey at Hatchet Lake Uranium Property

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) has announced the commencement of a ground-based gravity survey at its Hatchet Lake Uranium Property located in the eastern Athabasca Basin of northern Saskatchewan. The survey, scheduled to begin in December, will be conducted by MWH Geo Survey and will focus on the southern extent of the Richardson Trend. This geological work aims to refine subsurface interpretations, map density contrasts, and identify potential zones of hydrothermal alteration that are often associated with uranium-bearing structures.

The results from this gravity survey are expected to play a crucial role in guiding the company's planned winter 2026 drill program. By providing detailed subsurface data, the survey will help pinpoint the most promising areas for uranium exploration, potentially leading to more efficient and targeted drilling efforts. The Athabasca Basin region is globally recognized for its high-grade uranium deposits, making systematic exploration programs like this one particularly significant for resource development.

Foremost Clean Energy holds an option to earn up to a 51% interest in the Hatchet Lake property, which is part of a larger portfolio of ten prospective uranium properties spanning over 330,000 acres in the Athabasca Basin. The company's exploration strategy involves collaboration with Denison Mines Corp., focusing on disciplined exploration programs designed to make significant discoveries. As demand for carbon-free energy sources continues to grow, domestically mined uranium is positioned for increased importance in clean energy portfolios.

The gravity survey represents an important step in the property's exploration timeline, moving from earlier-stage assessment toward more advanced targeting. Historical exploration data from the region suggests the presence of favorable geological conditions for uranium mineralization, particularly along structural trends like the Richardson Trend where the current survey is concentrated. The company's latest news and updates are available in their newsroom at http://ibn.fm/FMST.

This announcement comes at a time when global interest in nuclear energy as a low-carbon power source is increasing, driving renewed attention to uranium exploration in established mining jurisdictions like Saskatchewan. The Athabasca Basin has produced some of the world's highest-grade uranium deposits, and continued exploration in the region contributes to securing future supply for nuclear energy generation. The full press release detailing this announcement can be viewed at https://ibn.fm/lEXz4.