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Orano takes C$6M option on Saskatchewan uranium project

Forum Energy Metals (TSXV: FMC) says Orano Canada can acquire up to 70% of its Fir Island uranium project in Saskatchewan under a C$6 million option agreement.

Orano takes C$6M option on Saskatchewan uranium project Orano takes C$6M option on Saskatchewan uranium project Orano takes C$6M option on Saskatchewan uranium project Orano takes C$6M option on Saskatchewan uranium project Orano takes C$6M option on Saskatchewan uranium project

Forum Energy Metals to remain operator of the Fir Island uranium project in Saskatchewan until Orano earns 51%

It is the latest deal struck by the junior with a mining major over an early-stage project.