Forum owns a 100% interest in 10 claims acquired by staking.
The Ni-Cu-PGM occurrences are associated with the 2.5 billion year old Swan River mafic complex and the Love Lake felsic pluton in the Peter Lake Domain. Forum has now staked a 30 km by 15 km area of historic copper- nickel- platinum group metal showings which returned up to 0.31% Cu over 5.2m in a trench, with visible sulphides occurring in outcrop along a 1.5km east-west trend of “reef type” layered intrusive that was not properly tested by historical drilling. Grab samples in Trench #4 in the Korvin Lake area returned 0.33% Cu, 1.33% Ni, 2735 ppb platinum, 2685 ppb palladium, 70 ppb gold and 0.43%Cu, 0.23% Ni, 3580 ppb platinum, 4275 ppb palladium, 200 ppb gold. (Saskatchewan Geological Survey – Maxeiner and Rayner, 2005).
10 claims totaling 27,896 ha
Location & Infrastructure
The project is located along Highway 905 to the Rabbit Lake/McClean Lake mine sites, approximately 60 km northeast of Forum’s Janice Lake/Rio Tinto copper joint venture in north-eastern Saskatchewan.
Substantial regional scientific research suggests a re-evaluation of the property utilizing a new exploration approach to determine the palladium potential is required.
Significant Comparable Deposits
Comparable geological environment to North American Palladium’s Lac Des Isle deposit in Ontario northwest of Thunder Bay.
- 2019 summer exploration plans will focus on re-locating historic trenches and four drill holes, mapping and sampling the extent of a 1.5km long sulphide-bearing mineralized horizon discovered by the Saskatchewan Geological Survey, and prospecting for similar mineralized horizons.
Figure 1: Simplified Geology Map. The Swan Lake Complex, hosts four separate PGM showings