Foremost Clean Energy Reports Higher Uranium Grades at Hatchet Lake Property

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) announced final geochemical assay results from its 2025 winter drill program at the Hatchet Lake Uranium Property in Saskatchewan's eastern Athabasca Basin. The results confirm and enhance previously reported radiometric data, showing a significant grade increase for drill hole TF-25-16—now returning 0.87% U₃O₈ over 0.45 meters from 149.75 meters, compared to an earlier estimate of 0.22% over 0.9 meters. Assays indicate 6.2 meters of total mineralization grading 0.10% U₃O₈ within a Graphitic Shear Zone and associated alteration features, suggesting proximity to a larger mineralizing system.

The company holds an option to earn up to a 70% interest in 10 prospective uranium properties, with the exception of the Hatchet Lake, where Foremost is able to earn up to 51%. These properties span over 330,000 acres in the prolific, uranium-rich Athabasca Basin region of northern Saskatchewan. As the demand for carbon-free energy continues to accelerate, domestically mined uranium and lithium are poised for dynamic growth, playing an important role in the future of clean energy. Foremost's uranium projects are at different stages of exploration, from grassroots to those with significant historical exploration and drill-ready targets.

The latest news and updates relating to FMST are available in the company's newsroom at http://ibn.fm/FMST. The company's mission is to make significant discoveries alongside and in collaboration with Denison through systematic and disciplined exploration programs. Foremost also has a portfolio of lithium projects at varying stages of development, which are located across 55,000+ acres in Manitoba and Quebec.

To view the full press release, visit https://ibn.fm/pp579. The announcement comes at a time when nuclear energy is gaining renewed attention as a reliable source of carbon-free power, with uranium exploration becoming increasingly important for energy security and transition goals. The Athabasca Basin region is known for hosting some of the world's highest-grade uranium deposits, making these assay results particularly significant for the company's exploration portfolio and potential future resource development.