The Next Big Uranium District Like Athabasca | Forum Energy – Rick Mazur

#Uranium #mining #nuclear #stockmarket #renewableenergy
In this interview with Richard J. Mazur, President & CEO of Forum Energy Metals Corp. (TSXV: FMC) at the Commodities Global Expo 2024 at Four Seasons Fort Lauderdale, Florida. Rick discusses the significant shift in nuclear power sentiment, particularly with tech giants like Amazon, Google, and Microsoft entering the space. He outlines three historical waves of uranium: the 1973 Arab Oil Embargo, the 2004-2011 Chinese nuclear build, and the current wave driven by climate change and supply security. Mazur explains Forum’s mission to build the next major uranium district in Nunavut, comparable to the Athabasca Basin, highlighting their proximity to Orano’s 133-million-pound KiC deposit. He emphasizes the critical need for North American uranium supply, especially following China’s recent deal with Kazakhstan, and discusses Forum’s ongoing exploration program with promising results and over 20 high-potential targets being evaluated.

Forum Energy Metals Corp (TSXV: FMC) explores for energy metals, most notably copper and uranium in Saskatchewan, Canada’s Number 1 mining province, and is evaluating other energy metals opportunities in North America. Forum has prioritized exploration of its Janice Lake Sedimentary Copper Project whereby Forum can earn a 100% interest under option from Transition Metals Corp.

In addition, Forum is well positioned for when the uranium market rebounds with interests in 7 drill ready projects in the Athabasca Basin, all assembled by a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada.
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