Company: FMST
Filing Date: 2025-06-20
Form Type: 20-F
Source: 0001171843-25-004004
Chunk: 78

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-06-20
Form: 20-F
Item: Item 4
Chunk 78
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 m. The outer zones of the pegmatite dykes contain pink aplite and coarse feldspar, locally green muscovite, tourmaline, and occasionally beryl. Spodumene, quartz, cleavelandite, and tourmaline form core zones with interstitial coarse feldspar. Spodumene is usually coarse-grained and is sometimes altered. It is most prevalent in the central 9m (30 ft.) of the main dyke. In this dyke, spodumene crystals (up to 35 cm long) occur either in clusters, over widths of 6m or more, or associated with coarse tourmaline and perthite megacrysts; some spodumene crystals show a preferred orientation of 45° to 55° (Bannatyne, 1985). One of two parallel dykes south of the main outcrop, is 5m wide, and contains spodumene crystals in pods (up to 33 cm across). In other dykes, coarse grained spodumene is abundant in lenticular bands and fine-grained spodumene is distributed through aplitic patches (Bannatyne, 1985). Beryl occurs as white, anhedral to subhedral crystals less than 1 inch (2.5 cm) in diameter in three of the seven dykes. Columbite-tantalite and sparse minute grains of pyrite and chalcopyrite were found in thin sections (Green Bay Mining & Exploration Ltd., Corporation File).

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Development Activities

In August 2024, we announced the positive outcomes of an approximately 5,826-meter drilling campaign completed at our Zoro Lithium Property. The drilling efforts, focused on the previously untested mineralization southeast of Dyke 1, resulted in promising assay results, including 1.52% Li2O over 5.02 meters from drill hole FL24-009, 1.10% Li2O over 9.88 meters from FL24-010, and 0.80% Li2O over 9.05 meters from FL24-020. These results not only confirm the continuity of lithium mineralization but also extend the known strike length of Dyke 1 from 265 meters to over 400 meters, highlighting the significant potential within the property. This section of Dyke 1 remains largely unexplored with limited historical drilling and remains a priority target.

A drone-assisted