Forum Energy Metals Corp. announced that it has received its drill permit for the Highrock Uranium Project under option to Sassy Resources Corporation. Forum, as Operator will manage a $1 million drill program for 3,000 metres in 10 to 12 holes.

Mobilization for access to the drill sites by a winter haul road has commenced with drilling anticipated in February. Forum and Sassy will provide a thorough overview of the project plans once drilling commences. The property is located just south of the Key Lake mine and mill site.

The Key Lake mine generated historic production of greater than 200 million pounds of uranium during its mine life. The Key Lake site continues to host a uranium processing facility operated by Cameco. The Company also announces that, in accordance with the Company's stock option plan, it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 200,000 common shares exercisable on or before January 24, 2027 at a price of $0.20 per share.