Company: FMST
Filing Date: 2025-06-20
Form Type: 20-F
Source: 0001171843-25-004004
Chunk: 86

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-06-20
Form: 20-F
Item: Item 4
Chunk 86
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 coordinates on the map below at is located with UTM coordinates 455,000 to 470,000mE by 6,085,000 to 6,098,000mN (GPS coordinates are 54.96833, -99.53539). The Peg North Property has no mineral reserves or mineral resources under S-K 1300. This is the largest and newest of our Lithium Lane Properties consisting of 28 mineral claims covering 16,697 acres (6,757 hectares), hosting 5 known pegmatite dykes and capture the Northern extension of the Crowduck Bay fault.

Figure 25. Peg North Property Map

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Geology

The Peg North Lithium Property is located at the east end of the Flin Flon-Snow Lake greenstone belt. The Paleoproterozoic Flin Flon-Snow Lake Belt is approximately 200 km in strike length and has an exposed width of up to 70 km. The Belt is overlain to the south by Ordovician Red River Formation sandstone, limestone, and dolomite of the Western Canada Sedimentary Basin, and is bordered to the north by high-grade paragneiss and granitoid rocks of the Kissey new Domain. The Flin Flon Belt is interpreted to be an accreted assemblage of oceanic to continental margin arc terrane, interspersed with oceanic basins representing back-arc, fore-arc, and oceanic settings.

Property Claims Table

  Claim Name      Claim Number      Size Hectares      Expiry Date           Yearly Holding Costs      Holder                  
  PEG 13176       MB13176                     140      June 5, 2035                        $1,750      Strider Resources Ltd.  
  PEG 13177       MB13177                     220      June 5, 2030                        $2,750      Strider Resources Ltd.  
  PEG 13181       MB13181                     220      June 5, 2030                        $2,750      Strider Resources Ltd.  
  PEG 13178       MB13178                     256      June 5, 2034                        $3,200      Strider Resources Ltd.  
  PEG 13182       MB13182                     256      June 5, 2030                        $3,200      Strider Resources Ltd.  
  PEG 13184       MB13184                     256      June 5,