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Foremost Clear Power Ltd . ( NASDAQ: FMST ) ( CSE: FAT ) (” Foremost ” or the ” Firm “), is happy to announce the receipt of assay outcomes for drillholes JL25-003 and JL25-004 from its ongoing 2025 drill program at its 100%-owned Jean Lake Gold-Lithium Property (” Jean Lake “) situated close to the historic mining centre of Snow Lake in Manitoba. The 2025 drill program represents a essential step in advancing the high-grade gold discovery first made at Jean Lake in 2023. The development of outcomes demonstrates a constant and increasing mineralized system. The Firm is reporting a number of gold intercepts from drill holes JL25-003 and JL25-004 alongside the Valkyrie Development (Determine 1). These outcomes together with earlier intercepts from drill gap FM23-08, drillholes JL25-01, and JL25-02 all happen at depths inside 100m from floor (Determine 2) highlighting the potential for extra near-surface gold alongside this rising gold-bearing development.
Highlights:
JL25-003
- 34.2 g/t Au over 0.8m included inside 9.0 g/t Au over 3.5m beginning at 127.8 m
- 9.7g/t Au over 0.5 m included inside 2.7 g/t Au over 2.6m beginning at 89.1 m
- 6.2 g/t Au over 1.0 m included inside 1.81 g/t Au over 7.0m beginning at 104.5 m
JL25-004
- 6.6 g/t Au over 0.7m inside 2.7 g/t Au over 1.6m beginning at 101.7 m
- 5.4 g/t Au over 0.5m inside 3.2 g/t Au over 1.5m beginning at 90.0 m
- 3.3 g/t Au over 0.5m included inside 1.3 g/t Au over 1.5m beginning at 87.0 m
Jason Barnard, Foremost’s President and CEO, commented : ” We’re more and more inspired by what we’re seeing at Jean Lake. Every stage of drilling, first in 2023 and now by way of the preliminary holes of the 2025 program, continues to substantiate a shallow, high-grade gold system alongside the Valkyrie Development. The consistency of the mineralization close to floor is precisely what we hoped to see at this early stage. With step-outs underway, and extra assays pending, we’re starting to achieve a clearer image of the dimensions and continuity of this rising gold system.
These newest outcomes highlighted by 34.2 g/t over 0.8 metres inside 9.0 g/t over 3.5 metres in JL25-003 underscore the energy of the Jean Lake challenge. What actually units these outcomes aside is the persistently shallow depths. Discovering this calibre of gold mineralization lower than 100 metres from floor is extremely advantageous for ongoing exploration and considerably enhances our confidence in exploring this gold mineralized system.
With gold markets remaining exceptionally sturdy, we consider Jean Lake is rising at precisely the appropriate second. The mixture of shallow high-grade outcomes and a supportive macro setting positions the challenge as a compelling worth driver for our shareholders. ”
Determine 1. Jean Lake Lake 2025 DDH Compilation Map
2025 Jean Lake Drill Program Abstract
The target of the 2025 program was to check the dimensions and continuity of the Jean Lake gold discovery and to delineate the near-surface, spodumene-bearing B1 Pegmatite. The outcomes have efficiently confirmed a bigger mineralized footprint:
- Drill holes JL25-001 and JL25-002 prolonged mineralization past the preliminary discovery space, returning high-grade intercepts resembling 40 g/t Au over 0.6 m included inside 12.7 g/t Au over 2.07 m and 82 g/t Au over 0.7 m included inside 10.7 g/t Au over 5.6 m (see information launch November 10, 2025).
- Drill holes JL25-003 and JL25-004 have additional confirmed the system’s further high-grade intervals and demonstrating constant mineralization within the discovery space.
These outcomes, along with the 2023 intercept in drill gap FM23-08 of 102 g/t Au over 0.48 m inside 7.50 g/t Au over 7.66 m, (see information launch June 06, 2023) all happen inside 100 m of floor (Determine 2) and collectively characterize the invention of a near-surface mineralized system alongside the Valkyrie Development. Assay outcomes for drill holes JL25-003 and JL25-004 are present in Desk 1.
Desk 1 – Abstract of Important Gold Intercepts
| Gap ID | From (m) | To (m) | Interval (m) | Au (g/t) | Notes |
| JL25-003 1 | 89.1 | 91.7 | 2.6 | 2.7 | incl. 9.7 g/t over 0.5m |
| 104.5 | 111.5 | 7.0 | 1.8 | incl. 6.2 g/t over 1.0 m | |
| 127.8 | 131.2 | 3.4 | 9.0 | incl. 34.2 g/t over 0.8m | |
| JL25-004 2 | 87.0 | 88.5 | 1.5 | 1.3 | incl. 3.3 g/t over 0.5m |
| 90.0 | 91.5 | 1.5 | 3.2 | incl. 5.4 g/t over 0.5m | |
| 101.7 | 103.3 | 1.6 | 2.7 | incl. 6.62 g/t over 0.7m |
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1 JL25-003 was drilled with an azimuth of 245° a dip of -45 ° ° situated at 452878 E, 6076540N (NAD83 Zone 14)
2 JL25-004 was drilled with an azimuth of 245° a dip of -60 ° situated at 452877 E, 6076539N (NAD83 Zone 14)
Determine 2. Jean Lake – Valkyrie Development Indirect Part. This part view illustrates the spatial relationship of great gold intercepts from drill holes JL25-001 to JL25-004 and FM23-08 alongside the Valkyrie Development. The view is oriented dealing with 277 levels.
Subsequent Steps
The outcomes from the primary 4 holes are a robust validation of Foremost’s exploration mannequin. Because the Firm continues to advance its 2025 program, drilling might be targeted on additional step-outs alongside the Valkyrie Development and preliminary testing of lithium-bearing pegmatite targets. Assay outcomes for these further holes are pending.
The development of optimistic drilling outcomes starting in 2023, highlights the potential of the Valkyrie Development on the Jean Lake Undertaking and supplies a transparent foundation for continued follow-up work.
Sampling, Analytical Strategies and QA/QC
All drill core samples from the Jean Lake gold drilling program had been collected as NQ-sized core. In zones of seen quartz-veining, sericite alteration, and arsenopyrite mineralization, samples had been usually taken at 50 cm intervals. Outdoors of those zones, holes had been constantly sampled at 1.5 m intervals. All core was sawn longitudinally, with one half retained on website for reference and the opposite half submitted for evaluation. Samples had been shipped to SGS Canada Inc., Burnaby, British Columbia, for pattern preparation and evaluation.
At SGS, samples had been dried at 105°C, crushed to 75% passing 2 mm, and pulverized to 85% passing 75 microns (technique PRP89). Gold analyses had been carried out by 30 g Fireplace Assay with Atomic Absorption Spectrometry end (technique GE_FAA30V5) with a detection vary of 5–10,000 ppb Au. Samples returning values above the higher detection restrict had been re-assayed by 30 g Fireplace Assay with Gravimetric end (technique GO_FAG30V) with a reporting vary of 0.5–10,000 ppm Au. Multi-element geochemical analyses had been accomplished utilizing the 57-element sodium peroxide fusion ICP-AES/ICP-MS package deal (technique GE_ICM91A50), which supplies detection limits appropriate for trace-level pathfinder parts resembling As, Sb, and W related to gold mineralization. Analytical work was carried out at SGS’s ISO/IEC 17025-accredited amenities, which function underneath strict inner QA/QC protocols.
High quality management procedures at SGS embody the routine insertion of blanks, licensed reference supplies (requirements), and duplicates at a minimal frequency of 11–12% of all analyses, relying on technique and grade classification. Laboratory high quality is monitored by way of SGS’s SLIM Laboratory Info Administration System, which routinely flags knowledge exceeding inner precision or accuracy thresholds and triggers reanalysis when crucial.
Foremost’s inner QA/QC protocol consists of the insertion of area duplicates, licensed requirements, and blanks into the pattern stream at common intervals to independently monitor analytical precision and contamination.
All reported intervals characterize downhole lengths, and true thicknesses haven’t but been decided.
Certified Particular person
The technical content material of this information launch has been reviewed and accredited by Cameron MacKay, P. Geo., Vice President of Exploration for Foremost Clear Power Ltd., and a Certified Particular person underneath Nationwide Instrument 43-101.
A certified particular person has not carried out ample work or knowledge verification to validate the historic ends in accordance with Nationwide Instrument 43-101. Though the historic outcomes might not be dependable, the Firm nonetheless believes that they supply a sign of the property’s potential and are related for any future exploration program.
About Foremost
Foremost Clear Power Ltd. (NASDAQ: FMST) (CSE: FAT) (WKN: A3DCC8) is a quickly rising North American uranium and lithium exploration firm. The Firm holds an possibility from Denison Mines Corp. (” Denison “) to earn as much as 70% curiosity in 10 potential uranium properties (apart from the Hatchet Lake, the place Foremost can earn as much as 51%), spanning over 330,000 acres within the prolific, uranium-rich Athabasca Basin area of northern Saskatchewan. Because the demand for carbon-free power continues to speed up, domestically mined uranium and lithium are poised for dynamic development, enjoying an essential position in the way forward for clear power. Foremost’s uranium initiatives are at completely different phases of exploration, from grassroots to these with vital historic exploration and drill-ready targets. The Firm’s mission is to make vital discoveries alongside and in collaboration with Denison by way of systematic and disciplined exploration packages.
Foremost additionally has a portfolio of lithium initiatives at various phases of growth, that are situated throughout 55,000+ acres in Manitoba and Quebec. For additional data, please go to the Firm’s web site at www.foremostcleanenergy.com .
Contact and Info
Firm
Jason Barnard, President and CEO
+1 (604) 330-8067
information@foremostcleanenergy.com
Comply with us or contact us on social media:
X: @fmstcleanenergy
LinkedIn: https://www.linkedin.com/firm/foremostcleanenergy
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Ahead-Wanting Statements
Aside from the statements of historic truth contained herein, the knowledge introduced on this information launch and oral statements made now and again by representatives of the Firm are or might represent “forward-looking statements” as such time period is utilized in relevant United States and Canadian legal guidelines and together with, with out limitation, throughout the that means of the Personal Securities Litigation Reform Act of 1995, for which the Firm claims the safety of the protected harbor for forward-looking statements. These statements relate to analyses and different data which might be based mostly on forecasts of future outcomes, estimates of quantities not but determinable and assumptions of administration. Every other statements that specific or contain discussions with respect to predictions, expectations, beliefs, plans, projections, aims, assumptions or future occasions or efficiency (usually, however not at all times, utilizing phrases or phrases resembling “expects” or “doesn’t anticipate,” “is predicted,” “anticipates” or “doesn’t anticipate,” “plans,” “estimates” or “intends,” or stating that sure actions, occasions or outcomes “might,” “might,” “would,” “would possibly” or “will” be taken, happen or be achieved) aren’t statements of historic truth and ought to be considered as forward-looking statements. Such forward-looking statements contain recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements of the Firm to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Such dangers and different elements embody, amongst others, the provision of capital to fund packages and the ensuing dilution attributable to the elevating of capital by way of the sale of shares, continuity of agreements with third events and satisfaction of the circumstances to the choice settlement with Denison, dangers and uncertainties related to the setting, delays in acquiring governmental approvals, permits or financing. Though the Firm has tried to determine essential elements that would trigger precise actions, occasions or outcomes to vary materially from these described in forward-looking statements, there could also be different elements that trigger actions, occasions or outcomes to not be as anticipated, estimated or meant. There could be no assurance that such statements will show to be correct as precise outcomes and future occasions might differ materially from these anticipated in such statements. Though the Firm believes that the expectations mirrored in such forward-looking statements are based mostly upon affordable assumptions, it may give no assurance that its expectations might be achieved. Ahead-looking data is topic to sure dangers, traits and uncertainties that would trigger precise outcomes to vary materially from these projected. Many of those elements are past the Firm’s capacity to regulate or predict. Necessary elements which will trigger precise outcomes to vary materially and that would influence the Firm and the statements contained on this information launch could be discovered within the Firm’s filings with the Securities and Trade Fee. The Firm assumes no obligation to replace or complement any forward-looking statements whether or not on account of new data, future occasions or in any other case. Accordingly, readers shouldn’t place undue reliance on forward-looking statements contained on this information launch and in any doc referred to on this information launch. This information launch shall not represent a proposal to promote or the solicitation of a proposal to purchase securities. and data. Please check with the Firm’s most up-to-date filings underneath its profile at on Sedar+ at www.sedarplus.ca and on Edgar at www.sec.gov for additional data respecting the dangers affecting the Firm and its enterprise.
The CSE has neither accredited nor disapproved the contents of this information launch and accepts no accountability for the adequacy or accuracy hereof.
Figures accompanying this announcement can be found at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9311be86-4fab-4d24-9e4e-d880e54f6e9d
https://www.globenewswire.com/NewsRoom/AttachmentNg/b4c2a26a-a1f7-41f7-80de-c43798540ea9
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