*Read Disclaimer Sponsored Content | Unsubscribe
*Disseminated on behalf of Foremost Clean Energy Ltd.
Hello!
FMST, our newest alert, opened today at 2.25 and so far, rallied to a high of 2.34, upside of +4%.
This could be the start of the breakout we were looking for.
Following two of our previous alerts, FMST rallied +43% & +24%.
Now, there could be a new opportunity for another rally higher.
FMST has a 20 day moving average of 2.41 - that is just 7% above today's open.
A rally above this level could set in motion a much bigger breakout opportunity.
December's high is +55% from today's open.
Over the past month, the company has announced multiple accomplishments that could be additional growth catalysts.
Plus, RSI is at 43, and that signals that we could see more upside potential.
Here are just a few of the accomplishments from the company's most recent announcement:
"Foremost Clean Energy Announces $9.0 Million 2026 Exploration Program"
Athabasca Basin Uranium Program (Saskatchewan)
Hatchet Lake Uranium Property
"The Company recently completed a 2,400-metre diamond drill program, highlighted by a new uranium discovery at hole TF-25-16, which returned 6.2 metres of 0.10% U₃O₈, including 0.87% U₃O₈ over 0.45 metres (see news release dated October 29, 2025). This discovery, combined with extensive geophysical datasets and historical alteration, supports a significantly expanded follow-up program."
"Foremost is currently awaiting results from the ground-based gravity survey that is underway at Hatchet Lake North (see news release dated December 4, 2025). The survey is focused on the southern extent of the Richardson Trend, a well-established basement structural corridor hosting brittle-ductile, graphitic shear zones that serve as favourable pathways for uranium-bearing hydrothermal fluids. Historic drilling along the trend by Denison confirmed uranium mineralization, including:
"As part of the 2026 Program, Foremost plans ~5,000 metres of combined drilling at Hatchet Lake South and Hatchet Lake North (see figure 1). The program will target the Tuning Fork area and follow up on shallow, under-explored portions of the Richardson Trend informed by integrated gravity, electromagnetic, magnetic, and geological interpretation. Drilling is anticipated to commence in winter 2026."
Turkey Lake Uranium Property
"At the Turkey Lake Uranium Project, (see figure 1) Foremost is advancing targets following the receipt of a three-year exploration permit and the completion of a ground-based gravity survey (see news release dated December 1, 2025)."
"The Company is currently awaiting gravity survey results, which are expected to refine structural interpretations and prioritize drill targets ahead of a planned summer 2026 diamond drill program. Turkey Lake hosts shallow unconformity depths (generally less than 50 metres) and a conductive corridor with more than 10 kilometres of under-tested strike length along the eastern margin of the Athabasca Basin."
"Historic exploration by Cameco and Denison identified unconformity-associated uranium mineralization at Turkey Lake, including:
"The planned 2026 drill program is expected to comprise 2,000–2,500 metres of diamond drilling, targeting both unconformity-related and basement-hosted uranium mineralization along under-tested portions of the conductive corridor and is anticipated to commence in summer 2026."
GR and Blackwing
"The Company recently received results from a district-scale MobileMTTM survey over its GR and Blackwing properties (see news release dated July 7, 2025). The company is currently working to interpret the results and intends to conduct ground based geophysical surveys on both properties in 2026 to produce drill-ready targets."
Jean Lake Gold Lithium Project (Manitoba)
"At Jean Lake, Foremost recently completed its 2025 diamond drill program consisting of 15 drill holes totaling 2,266 metres and initiated a strategic re-sampling program of historic drill core (see news release dated December 8, 2025)."
"Assay results from the initial four drill holes have defined a near-surface mineralized footprint extending beyond the original discovery area, including 12.7 g/t Au over 2.1 metres (including 40.0 g/t Au over 0.6 metres) in hole JL25-001 and 10.7 g/t Au over 5.6 metres (including 82.0 g/t Au over 0.7 metres) in hole JL25-002 (see figure 2). Assay results for the remaining 11 drill holes are pending."
"The Company is currently re-sampling high-priority drill core from the 2023 drilling campaign adjacent to known high-grade intercepts along the Valkyrie Trend, including 102 g/t Au over 0.5 metres within 7.50 g/t Au over 7.66 metres in hole FM23-08 (see news release dated June 6, 2023). Results from this work will be integrated with all historical and recent data to update the geological model and guide a planned 2026 drill program of approximately 4,000 metres."
"The 2026 exploration program is designed to advance multiple projects across Foremost's Athabasca Basin uranium portfolio through a disciplined, technically driven approach. As results from recent gravity surveys and other datasets are received and integrated, Foremost will refine drill targets and finalize program designs ahead of planned drilling. The Company expects to provide additional updates as this work progresses and as exploration activities commence."
What to watch next:
Continue to watch for it to make higher lows and higher highs, that's the first sign.
A close near the highs could be confirmation of the continued uptrend.
A rally and close above the 20 day moving average could provide increased upside opportunity.
We are continuing to monitor FMST for a sustainable breakout higher.
Sources: EIA, EIA2, SP, WN, WN2, Mining, Presentation, PR1, PR2, PR3, PR4, PR5, PR6, Website, Chart, SEC
Happy Trading!
AwesomeStocks
Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose.
0 التعليقات:
إرسال تعليق