Foremost Clean Energy Advances Uranium Exploration with Advanced Geophysical Survey at Murphy Lake South Property

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) has initiated an ambient noise tomography survey at its Murphy Lake South Uranium Property in Saskatchewan's Athabasca Basin, marking a significant advancement in the company's exploration strategy. The survey, conducted by Caur Technologies Inc., aims to refine targets along underexplored stacked graphitic conductors and identify new zones along east-west and northeast trending corridors. This geophysical approach follows previous drilling that confirmed substantial structural complexity and uranium mineralization, including a notable intersection of 0.25% U₃O₈ over 6 meters.

The ambient noise tomography survey serves as a precursor to a Phase 1 diamond drilling program, with a Phase 2 program scheduled for winter 2026. Jason Barnard, CEO of Foremost Clean Energy, emphasized the strategic importance of this exploration initiative given nuclear energy's expanding role in global decarbonization objectives. The company's partnership with Denison Mines (NYSE American: DNN) forms a crucial element of its strategy to leverage increasing uranium demand, particularly in the Athabasca Basin region known for its uranium-rich deposits.

Foremost Clean Energy's exploration activities reflect a broader commitment to supporting the global energy transition through uranium resource discovery and development. With interests spanning over 330,000 acres across 10 properties in the Athabasca Basin, the company is establishing itself as a significant participant in North American uranium exploration. The company also maintains a secondary portfolio of lithium projects across Manitoba and Quebec, further diversifying its clean energy asset base and positioning it to contribute to multiple aspects of the clean energy transition.