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Vancouver, B.C., October 22, 2013 – Forum Uranium Corp. (FDC: TSX-V) is pleased to announce results from a radon survey on its 100% owned Clearwater Project on trend and immediately adjacent to the southwest of the Alpha Minerals/Fission Uranium Patterson Lake South (PLS) discovery. Forum conducted soil gas radon surveys over three different grid areas in August and September. Five water samples were also taken on the northern grid with very positive results.
Forum contracted RadonEx Ltd. to conduct the surveys, whose Electret Ionization Chamber technology was highly successful in detecting the PLS uranium deposits. The soil gas radon results obtained are similar and higher than those located immediately west of the R00E PLS deposit located on high ground where maximum results of 0.95 pCi/m2/sec were returned (Source: Fission website).The following soil gas radon results were obtained from Forum’s Clearwater project:
A total of 428 samples were taken over areas with electromagnetic (EM) conductors and over the interpreted extension of the Patterson Lake structure that hosts the PLS deposits currently being drilled by Alpha/Fission (Figure 1).
Radon in water was also sampled on a small lake in the southeast corner of the Mungo grid which returned up to 18 pCi/litre, which is considered to be very anomalous when compared with a maximum value of 12 pCi/litre immediately over the Patterson Lake South deposits (Source: Fission website). More importantly, this lake lies along one of the interpreted structural extensions of the fertile PLS fault and conductor system that hosts the PLS uranium deposits.
Forum is extremely pleased with these results and may conduct further radon in water surveys this winter. Forum will conduct a ground gravity survey this fall, followed by ground electromagnetic surveys. The gravity survey will cover the areas already covered by the radon survey, which will give Forum a complete picture to define targets for drilling in late January 2014.
For further information contact:
Rick Mazur, President & CEO
Matt Terriss, Director, Corporate Affairs
Robin Cook, Senior Account Manager
CHF Investor Relations
Tel: 416-868-1079 x 228
Email: [email protected]
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