Forum Encounters Strong Uranium Values In Lake Sediments At Clearwater Claims, Patterson Lake South

VANCOUVER, British Columbia - Nov. 26, 2013 - PRLog -- Forum Uranium Corp. has released results from a lake sediment survey recently completed in the southern part of its 100-per-cent-owned Clearwater project, on trend and immediately adjacent to the southwest of the Alpha Minerals/Fission Uranium Patterson Lake South discovery. Eleven samples were taken, with strong values ranging from 12 to 18 parts per million uranium found in a small lake bordering a magnetic high interpreted to be part of the Clearwater intrusive complex. These results are significant as they are nine times higher than background values of one to two parts per million uranium in the area along the interpreted fertile Patterson Lake South conductor.

The contact between this complex and the metasediments to the east may provide a competency contrast for fault development and a structural path for migrating uranium-bearing fluids. The anomalous values are located down ice from the structural contact. The historic value for this lake was eight parts per million uranium. A second lake, located in the centre of the metasediments that host the graphitic EM conductors, returned five parts per million uranium which is comparable with historic values of up to four parts per million uranium at PLS.

To date, most of the exploration work has been concentrated on the northern part of the property due to its proximity to the Fission/Alpha uranium discovery at Patterson Lake South. The lake sediment uranium values returned from this limited survey in the southern part of the property further enhances the exploration potential throughout Forum's Clearwater claims.

Further lake sediment sampling is planned as part of the forthcoming 2014 winter program, which will also include additional radon surveys and targeted diamond drilling. Details of the winter 2014 program will be announced upon completion of the gravity survey which is currently under way.

Ken Wheatley, PGeo (Saskatchewan/Nunavut), Forum's vice-president, exploration, is the qualified person that has reviewed and approved the contents of this news release.