Foremost Clean Energy Announces Commencement of Trading of

Rio Grande Resources is a subsidiary of Foremost Clean Energy Ltd.

Rio Grande Resources’ Gold Production is a Crown Jewel of the Industry.

The Properties include the Winston Mine, the Winston Gold Mine, and the Winston Silver Mine. The Winston Gold Mine is the most productive of the three mines, producing 1,500 ounces of gold per year.

The Winston Gold Mine: A Productive Operation

The Winston Gold Mine is the crown jewel of Rio Grande Resources’ portfolio, accounting for the majority of the company’s gold production. Located in the Black Range/Chloride Mining District of central New Mexico, the mine has been in operation since 2011. The mine’s production levels have been steadily increasing over the years, with a peak production of 1,500 ounces of gold per year.

Key Statistics

Gold Production: 1,500 ounces per year**

Mine Life: Estimated 10 years**

Reserve Life: 10 years**

Mine Type: Open-pit and underground mining**

The Winston Gold Mine is a significant contributor to Rio Grande Resources’ revenue and growth. The mine’s reserve life is estimated to be 10 years, providing a stable source of revenue for the company.

The Winston Silver Mine: A New Opportunity

In addition to the Winston Gold Mine, Rio Grande Resources also controls the Winston Silver Mine.

The samples from the other two mines returned peak values of 55.4 g/t gold and 1,440 g/T silver.

Ore Characterization Samples

Introduction

The QP conducted extensive ore characterization sampling to determine the gold and silver content of the ore.

The New Exploration Program: A New Era for Rio Grande

Rio Grande, a company focused on exploring and developing mineral resources, is poised to embark on a new era of exploration in its New Mexico properties. The company’s decision to initiate a modern exploration program is a significant step towards unlocking the potential of its mineral deposits. In this article, we will delve into the details of the program, its objectives, and the advanced techniques that will be employed.

Advanced Geophysical Techniques

The new exploration program will utilize advanced geophysical techniques to gather data on the mineral deposits. These techniques include:

High-resolution LiDAR (Light Detection and Ranging) to create detailed topographic maps of the properties

Satellite imagery to analyze the geological features and identify potential mineral deposits

Ground-penetrating radar to investigate subsurface structures and mineralization

Electromagnetic surveys to detect mineral deposits and identify areas of interest

These advanced techniques will provide Rio Grande with a more comprehensive understanding of its properties and help identify potential mineral deposits.

Field Work in 2025

The initial phase of the exploration program will focus on field work in 2025.

The company’s focus is on exploring and developing these properties to unlock the region’s vast uranium and lithium resources.

The Company’s Vision and Strategy

Foremost Clean Energy is driven by a clear vision to become a leading player in the North American uranium and lithium market. The company’s strategy is centered around identifying and acquiring high-potential exploration projects, leveraging its expertise in geology and exploration to unlock the region’s vast mineral resources.

Key Objectives

Develop a strong exploration pipeline to drive growth and increase shareholder value

Build strategic partnerships to enhance project development and reduce costs

Foster a culture of innovation and collaboration to stay ahead of the competition

The Saskatchewan Uranium and Lithium Project

Foremost’s focus is on the Saskatchewan region, which is renowned for its rich uranium and lithium deposits.

Foremost Clean Energy: A Leader in Lithium and Clean Energy

Foremost Clean Energy is a Canadian company that has been making waves in the clean energy sector with its innovative projects and commitment to sustainability. With a strong presence in both Manitoba and Quebec, the company has established itself as a leader in the development of lithium and other clean energy technologies.

Lithium Projects

Foremost Clean Energy has a portfolio of lithium projects at various stages of development, spanning over 55,000 acres across Manitoba and Quebec.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.