Foremost Clean Energy Reports High-Grade Gold Intercepts from Jean Lake Drill Program

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) has reported new assay results from drillholes JL25-003 and JL25-004 at its 100%-owned Jean Lake Gold-Lithium Property near Snow Lake, Manitoba. The results continue to confirm and expand the emerging near-surface Valkyrie Trend, with multiple high-grade gold intercepts occurring within 100 meters of surface.

The company revealed that drillhole JL25-003 returned particularly impressive results, including 34.2 grams per tonne gold over 0.8 meters and 9.0 grams per tonne gold over 3.5 meters. Drillhole JL25-004 also showed significant mineralization with 6.6 grams per tonne gold over 0.7 meters. These findings build upon earlier successes from previous drillholes FM23-08, JL25-01, and JL25-02, demonstrating the continuity and strength of the mineralized system.

Foremost Clean Energy maintains an extensive portfolio of exploration properties across North America. The company holds an option to earn up to a 70% interest in 10 prospective uranium properties spanning over 330,000 acres in the uranium-rich Athabasca Basin region of northern Saskatchewan, with the exception of the Hatchet Lake property where Foremost can earn up to 51%. These uranium projects range from grassroots exploration to properties with significant historical exploration and drill-ready targets.

The company's exploration strategy focuses on making significant discoveries through systematic and disciplined exploration programs, often in collaboration with partners like Denison. As demand for carbon-free energy continues to grow, domestically mined uranium and lithium are positioned for dynamic growth, playing an increasingly important role in the future of clean energy infrastructure.

In addition to its uranium holdings, Foremost maintains a diverse portfolio of lithium projects at varying stages of development across more than 55,000 acres in Manitoba and Quebec. The combination of gold, lithium, and uranium assets positions the company to capitalize on multiple segments of the clean energy and precious metals markets.

The latest assay results from the Jean Lake property reinforce the potential for near-surface mineralization that could support cost-effective mining operations. High-grade intercepts close to surface typically translate to lower extraction costs and faster development timelines compared to deeper deposits. The continued success in expanding the Valkyrie Trend suggests the property may host a substantial mineralized system with significant economic potential.

For investors and industry observers, these results demonstrate the ongoing potential for new discoveries in established mining districts like Snow Lake, Manitoba. The region has historically produced significant mineral wealth, and modern exploration techniques continue to reveal new opportunities. The full details of the recent drilling results are available in the company's official release at https://ibn.fm/cdYHd, while ongoing corporate developments can be tracked through the company's newsroom at http://ibn.fm/FMST.