Foremost Clean Energy Reports High-Grade Gold Intercepts from Jean Lake Drill Program

November 19th, 2025 4:00 PM
By: Newsworthy Staff

Foremost Clean Energy Ltd. announced significant high-grade gold intercepts from its Jean Lake property drill program, expanding the emerging near-surface Valkyrie Trend and demonstrating the property's substantial mineral potential.

Foremost Clean Energy Reports High-Grade Gold Intercepts from Jean Lake Drill Program

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) has reported new assay results from drillholes JL25-003 and JL25-004 that continue to confirm and expand the emerging near-surface Valkyrie Trend at its 100%-owned Jean Lake Gold-Lithium Property near Snow Lake, Manitoba. The company's latest drilling campaign has yielded multiple high-grade gold intercepts, including 34.2 g/t Au over 0.8 meters and 9.0 g/t Au over 3.5 meters from JL25-003, along with 6.6 g/t Au over 0.7 meters from JL25-004. All these significant intercepts occur within 100 meters of surface, building on earlier successes from previous drillholes FM23-08, JL25-01, and JL25-02.

The consistent high-grade results from the Jean Lake property demonstrate the substantial mineral potential of the Valkyrie Trend, which continues to show promising continuity and grade. The shallow nature of these intercepts is particularly significant as it suggests potential for open-pit mining scenarios, which typically offer lower operating costs compared to underground operations. The proximity to surface also reduces exploration and development risks while potentially accelerating the timeline to production should the project advance to that stage.

Foremost Clean Energy's growing portfolio includes both uranium and lithium projects across North America, positioning the company to capitalize on the increasing demand for clean energy minerals. The company holds an option to earn up to a 70% interest in 10 prospective uranium properties spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin region of northern Saskatchewan. As detailed in their corporate communications available at https://ibn.fm/FMST, the company's uranium projects range from grassroots exploration to properties with significant historical exploration and drill-ready targets.

The latest drilling results from Jean Lake reinforce the property's potential as a significant gold discovery while complementing the company's broader clean energy mineral strategy. The combination of high-grade gold intercepts at shallow depths provides strong evidence of a robust mineralizing system that warrants continued exploration and development. These results are particularly important given the current market environment where high-grade, near-surface gold deposits are increasingly scarce and highly valued by investors and potential development partners alike.

The company's systematic exploration approach at Jean Lake has consistently delivered positive results, with each new drillhole contributing to a better understanding of the geological controls on mineralization. The Valkyrie Trend's expansion through successive drilling campaigns demonstrates the property's scalability and potential for resource growth. For investors seeking additional information about the company's progress and future plans, comprehensive updates are regularly provided through their official communications channels at https://www.InvestorWire.com, though investors should always review the full terms and disclosures associated with such information.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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