Welcome to our dedicated page for Foremost Lithium Resource & Technology news (Ticker: FMSTW), a resource for investors and traders seeking the latest updates and insights on Foremost Lithium Resource & Technology stock.
Foremost Lithium Resource & Technology Ltd (FMSTW) delivers critical mineral exploration updates through this dedicated news hub. Access official announcements, project developments, and strategic partnership details for this North American-focused lithium and uranium explorer.
This resource consolidates all corporate communications including technical breakthroughs, resource estimates, and regulatory milestones. Investors will find earnings reports, leadership updates, and progress on key exploration targets across Manitoba and Quebec.
The curated collection features three primary news categories: Exploration Updates detailing field activities and drill results, Strategic Developments covering partnerships and asset acquisitions, and Corporate Communications including financial filings and governance changes. All content undergoes verification to ensure accuracy and compliance with disclosure standards.
Bookmark this page for streamlined access to FMSTW's evolving exploration narrative. Combine regular checks with our email alert system to stay informed about new resource estimates, technological implementations, and market positioning updates.
Foremost Clean Energy (NASDAQ: FMST) has announced a comprehensive multi-platform investor awareness campaign targeting North American retail and institutional investors. The campaign aims to highlight three key aspects: the importance of nuclear energy in clean energy transition and AI data processing, Canada's strategic position in critical mineral supply chain, and Foremost's unique position as a Nasdaq-listed Athabasca Basin pure-play.
The campaign includes three main partnerships: RedChip Companies will manage a national TV campaign on CNBC and Fox Business, including a Bloomberg TV feature, starting May 12, 2025, for USD $45,000. LFG Equities will provide digital media and marketing services for USD $500,000 over three months. Spark Newswire will extend its marketing services for six weeks at CAD $75,000, covering social media promotion and digital marketing.
Foremost Clean Energy (NASDAQ: FMST) has announced plans to conduct a 771 line-kilometer MobileMT™ airborne geophysical survey at its CLK Uranium Property in Saskatchewan's Athabasca Basin region. The survey, to be conducted by Expert Geophysics Surveys (EGS), aims to enhance understanding of uranium mineralization prospects, following up on 1997 drilling results that found uranium at 862 meters depth.
The CLK Property, spanning 25,753 acres, is located 30 kilometers south of the Athabasca Basin margin within the Snowbird Tectonic Zone. Historical drilling revealed significant findings: CLG-D1 intersected 8,600 ppm U at 862 meters, while CLG-D5 found 510 ppm U at approximately 900 meters depth.
The MobileMT™ survey, scheduled for late April/early May 2025, offers advanced capabilities including:
- 1-2 km depth penetration
- Multi-frequency EM system measuring 25Hz-20kHz signals
- Integrated magnetics with 0.001nT sensitivity
Foremost Clean Energy (NASDAQ: FMST) has received a notification from Nasdaq on April 7, 2025, indicating non-compliance with the minimum bid price requirement. The company's shares have traded below the required US$1.00 threshold for 31 consecutive business days from February 21 to April 4, 2025.
The company has been granted a 180-calendar day compliance period until October 6, 2025, to regain compliance by maintaining a closing bid price of at least US$1.00 for a minimum of ten consecutive business days. If unsuccessful, Foremost may be eligible for an additional 180-day grace period, provided it meets other listing requirements and maintains a market value of publicly held shares of US$1 million.
Management is evaluating options to address the deficiency, including the possibility of a reverse stock split. The notification does not immediately affect FMST's Nasdaq listing or trading status.
Foremost Clean Energy (NASDAQ: FMST) has launched its 2025 exploration drill program at the Hatchet Lake Uranium Project in Saskatchewan's Athabasca Basin. The fully-funded, 2,000-metre helicopter-supported diamond drill program is being conducted by Dahrouge Geological Consulting.
The program focuses on two key areas:
- Tuning Fork Target: 1,000 meters of drilling planned, with unconformity depth of 120-160m. Previous drilling identified structures and alteration along conductive trends with mineralization.
- Richardson Target: 1,000 meters planned, targeting discrete linear EM conductive anomalies spanning ~7 km. Historical drilling confirmed mineralization presence along the conductive trend.
The project's location within 1.5 km of the Athabasca Basin margin results in shallow sandstone cover (less than 220 metres), enabling efficient and cost-effective drill testing. The program is part of Foremost's collaboration with Denison Mines Corp.
Foremost Clean Energy (NASDAQ: FMST) has initiated its 2025 winter exploration program at the Hatchet Lake Uranium Project in Saskatchewan's Athabasca Basin. The program includes 2,000 metres of diamond drilling across 8 drill holes, focusing on two priority areas: Tuning Fork and Richardson.
The drilling campaign targets uranium mineralization at shallow depths (less than 220 metres), with previous results showing up to 0.11% U3O8 along the Richardson conductor. The project's location within 1.5 km of the Athabasca Basin margin enables cost-effective exploration.
Historical drilling revealed significant findings, including a sample with 4.9% Ni, 6.06% Co, and 47.6% As. The company has also announced board member Johnathan More's resignation effective April 1, 2025, and granted 83,333 stock options at $1.20 CND per share and will issue 62,500 common shares to a strategic advisor.
Foremost Clean Energy (NASDAQ: FMST) has announced a comprehensive $6.5 million uranium exploration program for 2025 across its portfolio in the Athabasca Basin, Saskatchewan. The program encompasses multiple properties including Hatchet Lake, Murphy Lake South, GR, Blackwing, Wolverine, and CLK.
Key initiatives include:
- Murphy Lake South: Two-phase drilling program totaling 1,500 meters targeting uranium mineralization
- CLK Property: Planned airborne EM and magnetic survey with 2,000-meter diamond drilling program
- Wolverine Property: Geochemical survey scheduled for summer 2025
- GR and Blackwing Properties: Airborne electromagnetic and magnetic surveys
- Hatchet Lake: Phase Two drill program planned for late summer 2025
The company acknowledges market uncertainty affecting share prices, particularly regarding potential tariffs, but maintains confidence in its exploration strategy and partnership with Denison Mines Corp.
Foremost Clean Energy (NASDAQ: FMST) has announced an 8-hole, 2,000-metre diamond drill program at its Hatchet Uranium Property in Saskatchewan's Athabasca Basin, scheduled to begin March 2025. The program follows promising 2024 drill results that revealed uranium mineralization at the Richardson trend, including intersections of 0.11% U3O8 over 0.2 metres.
The 2025 program will target 4-6 high-potential locations within the Tuning Fork target area and Richardson trend. Key findings from previous drilling include significant structural disruption and hydrothermal alteration, with elevated levels of pathfinder elements potentially indicating uranium-mineralizing systems.
The Hatchet property spans 10,211 hectares in the Athabasca Basin, featuring shallow unconformity depths of 0-250 meters. The project is part of Foremost's collaboration with Denison Mines, where Foremost can acquire up to 51% interest in the property.
Foremost Clean Energy (NASDAQ: FMST) has announced positive uranium exploration results from its 2024 Hatchet Lake Property drill program in Saskatchewan's Athabasca Basin. The company reported notable uranium intercepts at the Richardson target area, including 0.11% U3O8 from 81.2 to 81.4 metres, and strong geochemical signatures at the Tuning Fork target area.
The Tuning Fork drilling revealed elevated levels of pathfinder elements including boron, copper, nickel, and cobalt, potentially indicating a hydrothermal system capable of uranium deposition. Both target areas showed significant structural characteristics typical of Athabasca Basin uranium deposits.
The company is planning follow-up drill programs for both winter and summer seasons, focusing on continued exploration of the Richardson and Tuning Fork target areas. Additionally, Foremost announced a two-month marketing partnership with TraderTV for $31,350.78 CDN to enhance investor communication and market awareness.
Foremost Clean Energy (NASDAQ: FMST) has announced its participation in the PDAC 2025 Convention, the world's premier mineral exploration and mining convention, scheduled for March 02-05, 2025, at the Metro Toronto Convention Centre. The company will be present at booth 2420A during March 2-3, showcasing their Athabasca Basin uranium projects to over 27,000 attendees from 135+ countries.
The convention features more than 1,100 exhibitors and 700 speakers, providing networking opportunities and educational programming. Foremost will be in Toronto from February 27th through March 05, 2025, conducting meetings with industry peers, media, and qualified investors.
Additionally, the company has granted 9,200 stock options and 7,088 Restricted Share Units to a director, plus 36,000 options to MZHCI, The options are exercisable at $1.38 CND ($.99USD) per share with a 5-year term. Monthly fees to MZHCI have been reduced from USD$9,000 to USD$500, effective January 29, 2025.
Foremost Clean Energy (NASDAQ: FMST) has announced the successful spinout of Rio Grande Resources, which will commence trading on the Canadian Securities Exchange (CSE) under the ticker 'RGR' on February 7, 2025. The spinout company will focus on developing gold and silver assets in New Mexico, with notable high-grade samples showing 41.5 g/t gold and 4,610 g/t silver.
The listing represents a strategic move to create a dedicated team for precious metals development, particularly timely given the recent surge in gold and silver prices. Rio Grande is positioned to capitalize on increasing investor interest in precious metals as safe-haven assets and inflation hedges.
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