Forum Energy acquires Fisher Copper Claims, Saskatchewan
- Forum Energy Metals (OTCQB:FDCFF) has acquired certain mineral claims in Saskatchewan from Big Ridge Gold (OTCQB:ALVLF) in consideration of the issuance of 100,000 shares of the company to Big Ridge and a 1% net smelter return royalty on the claims, one-half of which (0.5%) may be purchased by the company for $500,000.
- The Fisher property is located 40km west of Pelican Narrows, Saskatchewan in a volcanic arc assemblage and associated sedimentary rocks of the Glennie Domain.