A Combined Ground EM and Resistivity Survey to Begin in March on Spring Bay Target
Vancouver, British Columbia–(Newsfile Corp. – February 11, 2025) –
Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) and Global Uranium Corp. (CSE: GURN) (OTCQB: GURFF) are pleased to announce that camp construction on the Northwest Athabasca Project has been initiated. Plans are underway to conduct a Time Domain Electromagnetic Survey (TDEM) and Direct Current Resistivity and Induced Polarization (DCIP) Survey on its Spring Bay target located along the northwest shore of Lake Athabasca in Saskatchewan, Canada.
This combined ground EM and Resistivity survey is set to begin in early March, marking an important step in the exploration and development of the Spring Bay target. The goal of the survey is to gather valuable data on the subsurface geology and mineralization of the area, helping to identify potential targets for further drilling and resource estimation.
What is a Time Domain Electromagnetic Survey?
A Time Domain Electromagnetic Survey, or TDEM survey, is a geophysical technique used to measure the electrical conductivity of the subsurface. By transmitting an electromagnetic pulse into the ground and measuring the response, geologists can map out changes in conductivity that may be associated with mineral deposits.
Direct Current Resistivity and Induced Polarization Survey
A Direct Current Resistivity and Induced Polarization Survey, or DCIP survey, is another geophysical method used to study the electrical properties of the subsurface. By injecting electrical currents into the ground and measuring the resulting voltage, geologists can create a 3D model of the subsurface, helping to identify potential mineralization targets.
The Spring Bay target is located in an area known for its high-grade uranium deposits, making it a prime target for exploration. The results of the combined ground EM and Resistivity survey will provide valuable insights into the geological and mineralogical characteristics of the target, helping to guide future exploration efforts.
Overall, the initiation of the combined ground EM and Resistivity survey marks an exciting development in the exploration of the Northwest Athabasca Project. With camp construction underway and plans for the survey in place, Forum Energy Metals Corp. and Global Uranium Corp. are well-positioned to unlock the potential of the Spring Bay target and advance their exploration efforts in the region.
How Will This Affect Me?
As an investor, the combined ground EM and Resistivity survey on the Spring Bay target could potentially lead to new discoveries of high-grade uranium deposits, which may have a positive impact on the stock prices of Forum Energy Metals Corp. and Global Uranium Corp. Additionally, the exploration and development of the Northwest Athabasca Project could contribute to the overall growth and success of the uranium mining industry in Canada.
How Will This Affect the World?
The findings from the combined ground EM and Resistivity survey on the Spring Bay target could have broader implications for the global uranium market. The discovery of new high-grade deposits in Saskatchewan, Canada, could increase the global supply of uranium, potentially impacting prices and supply chains worldwide. Furthermore, the development of the Northwest Athabasca Project could contribute to meeting the growing demand for uranium as a clean energy source.
Conclusion
The upcoming combined ground EM and Resistivity survey on the Spring Bay target represents a significant milestone in the exploration and development of the Northwest Athabasca Project. With camp construction underway and plans for the survey in place, Forum Energy Metals Corp. and Global Uranium Corp. are poised to uncover valuable insights into the geological and mineralogical characteristics of the target, setting the stage for future exploration and potential discoveries of high-grade uranium deposits.
