Company: FMST
Filing Date: 2025-06-20
Form Type: 20-F
Source: 0001171843-25-004004
Chunk: 83

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-06-20
Form: 20-F
Item: Item 4
Chunk 83
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180 degrees in the opposite direction to assess the area for possible additional gold mineralization. The result was a 0.52 metres wide gold-bearing intercept. Drill holes FM23-13 and FM23-14 intersected narrow gold zones varying in width from 1.23 metres to 2.85 metres at depths between 120 metres and 154 metres, respectively. Distinctive alteration was noted to accompany the 0.68 m gold mineralized intercept of 3.04 g/t in FM23-22. The 3.49 m-wide near-surface gold intercept of 2.07 g/t in DDH FM23-25 occurs between 25.3 m and 28.79 m in a zone of white to dark green chloritic quartz veins.

Of interest is the occurrence of 2.46 g/t Au over 3.70m from 41.30m-45m in FM23-01A. Gold is associated with quartz veins and arsenopyrite.

Quality Control and Quality Assurance

The Jean Lake Drill program follows the same protocols as that were followed in the Zoro Drill Program. See “ - “Project Overview - The Lithium Lane Properties - Zoro Property - Quality Control and Quality Assurance” for discussion of quality control.

Property Claims Table

  Claim Name      Claim Number      Size Hectares      Expiry Date           Yearly Holding Costs      Holder        
  MB8247          JOL8247                     233      April 12, 2084                   $2,912.50      Mount Morgan  
  MB8248          JOL8248                     207      April 12, 2084                   $2,587.50      Mount Morgan  
  MB8428          JOL8428                     255      June 29, 2084                    $3,187.50      Mount Morgan  
  MB9419          JOL9419                     143      October 30, 2084                    $2,050      Mount Morgan  
  MB8429          JOL8429                     164      June 29, 2084                    $1,787.50      Mount Morgan  
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TOTAL NUMBER OF CLIAMS =5 | TOTAL AREA = 2,476 ACRES (1,002 Hectares)

Permitting and Licensing

We have to take the necessary exploration efforts to define drill targets before making an application for permits. We utilize previously acquired UAV