Vancouver, B.C., May 28, 2013 – Forum Uranium Corp. (FDC: TSX-V) is pleased to announce the commencement of an electromagnetic and magnetic survey of its 100% owned Clearwater Project. Forum’s claims, staked immediately adjacent to the southwest of the Alpha Minerals/Fission Uranium claim boundary is interpreted to be on strike with the fertile conductive trend that hosts the high-grade uranium discovery on the Patterson Lake South project. Forum’s property lies only four kilometres southwest of the high grade boulder train on the Alpha/Fission property.
An Aeroquest Airborne helicopter-borne time domain electromagnetic survey with Bfield-VTEM Plus and magnetic gradiometer system will be flown on 200 metre line spacings for a total of 647 line kilometres over Forum’s 99 square kilometre property. The VTEM Plus system has been chosen for its depth penetration and vertical/spatial resolution of graphitic conductors that are prospective hosts for unconformity-style uranium deposits.
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Surveys Will Advance Key Lake Area Exploration Strategy Targeting Basement-Hosted Uranium Discovery
Bayhorse Silver Inc, has received from Geotech its magnetic structural interpretations and structural complexity analysis of its recent survey from the Bayhorse Idaho/Oregon Geophysics Project area.
This trend encompasses 5 priority exploration targets for Cu-Au and Cu-Mo that delineate potential porphyry centres
VTEMmax survey has identified an untested potential northern extension of the zone which was obscured from historical airborne surveys by a powerline crossing the northern part of the property