Company: FMST
Filing Date: 2025-06-20
Form Type: 20-F
Source: 0001171843-25-004004
Chunk: 87

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-06-20
Form: 20-F
Item: Item 4
Chunk 87
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  BEND 13281      MB13281                     256      May 6, 2030                         $3,200      Strider Resources Ltd.  
  BEND 13278      MB13278                     256      May 6, 2030                         $3,200      Strider Resources Ltd.  
  LITH 13213      MB13213                     190      January 29, 2035                    $2,375      Strider Resources Ltd.  
  LITH 13212      MB13212                     172      January 29, 2035                    $2,150      Strider Resources Ltd.  
  LITH 13477      MB13477                     245      January 29, 2035                 $3,062.50      Strider Resources Ltd.  
  LITH 13478      MB13478                     248      January 29, 2035                    $3,100      Strider Resources Ltd.  
  LITH 13476      MB13476                     202      January 29, 2035                    $2,525      Strider Resources Ltd.  
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TOTAL NUMBER OF CLAIMS = 28|TOTAL AREA = 16,697 acres (6,757 hectares)

At the project scale the general and detailed geology for the Peg North Lithium Property is underlain by Ocean Floor volcanic rocks of the Roberts Lake allochthon and lesser amounts of Missi Group sedimentary rocks. The Ocean Floor rocks comprise mafic volcanic rocks and related intrusions and the Missi Group consists of sandstone, siltstone, mudstone, and quartzo-feldspathic gneiss and migmatite.

Permitting

Once summer field work and drill targets are defined, we will submit an application for drilling to the Mining Permits office of the Manitoba Government For a full outline of permitting requirements in Manitoba, see “ Project Overview - Lithium Lane Properties - Zoro Property - Permitting”

Infrastructure

The Peg North Property is located 20km east of the town of Snow Lake. See “ Project Overview - The Lithium Lane Properties - Zoro Property - Infrastructure”.

70

Development Activities

Our Company announced that Dahrouge Geological Consulting Ltd would be conducting a summer exploration program on The Peg North Property. Forty-five (45) pegmatites were mapped and sampled. Additionally, 174 MMI samples were collected from the area of