Foremost Clean Energy Ltd. · CSE:FAT
Foremost Clean Energy — Investor Presentation (September 2026)
20 slides from Foremost Clean Energy's investor presentation, September 2026
Slide 1: Exploring for the Metals That Power Tomorrow
EXPLORING FOR THE METALS THAT POWER TOMORROW Corporate Presentation SEPTEMBER 2026 NASDAQ: FMST CSE: FAT
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation (the “Presentation”) has been prepared by Foremost Clean Energy Ltd. (“Foremost” or the “Company”) solely for the purpose of providing introductory information in respect of Foremost and its business. The contents are not to be reproduced or distributed t
Slide 3: Corporate Overview
Corporate Strategic... Overview Assets, Partner, & Timing 1. Extensive & Sustainable Uranium Project Portfolio in Prolific Region ▪ 10 prospective properties made up of 45 exploration claims over 135,000 hectares (330,000+ acres) in the prolific Athabasca Basin region of northern Saskatchewan – home
Slide 4: Policy, Pledges and AI Reigniting Nuclear
Policy, Pledges and AI Reigniting Nuclear U.S. Government Aims To Quadruple 33 Countries Joined the Global Pledge Hyperscalers are Funding Significant Nuclear Energy Capacity By 2050 to Triple Nuclear Energy by 2050 Growth of Nuclear Energy Globally ...the administration seeks to ‘facilitate ...Rwan
Slide 5: Athabasca Basin: A Leading Uranium District
Athabasca Basin A LEADING URANIUM DISTRICT That contains some of the world's largest and highest- grade uranium deposits(1) The Basin covers ▪ #2 global producer of uranium ~100,000 km2 across (nearly 25% of global primary production)(2) northern Saskatchewan and Alberta ▪ 40+ years of mining in a s
Slide 6: Target-Rich Uranium Portfolio
Target-Rich Uranium Portfolio AT A GLANCE 10 WELL-SITUATED PROJECTS 45 EXPLORATION CLAIMS 135k HECTARES 100+ EXPLORATION TARGETS ONE COMPELLING URANIUM PORTFOLIO MULTIPLE POTENTIAL CALALYSTS NASDAQ: FMST | CSE: FAT 6 6
Slide 7: Extensive Exploration Target Pipeline
Extensive Exploration Target Pipeline 100+ TARGETS (1) 17 TARGET AREAS 10 PROJECTS PROJECTED TARGETS FROM TARGET INVENTORY / POTENTIAL CATALYSTS PROJECTS UNDER EVALUATION HATCHET LAKE SOUTH CLK WOLVERINE Clawstep 4 TFUZ 20 CLG Legacy Zone 4 MARTEN Hidden Saddle 4 TF West 8 Beacon 6 Beta Grid 10 MART
Slide 8: Transformational Option Agreement with Denison Mines
Transformational Option Agreement • Denison is a multi-billion-dollar TSX ($DML) and NYSE with Denison Mines American-listed ($DNN) uranium mining & development company leading the next generation of mine development in Saskatchewan – Wheeler River’s Phoenix deposit is the first new uranium mine app
Slide 9: Hatchet Lake
HATCHET LAKE • Two prospective claim blocks – North / South. • Host to the Tuning Fork Uranium Zone (TFUZ), with multiple mineralized intercepts drilled by Foremost. • Tuning Fork West and Beta Grid virtually untested. • Shallow depth to unconformity (~100-150m) with largely untested basement potent
Slide 10: Emerging Tuning Fork Uranium Zone
Emerging Tuning Fork Uranium Zone Hatchet Lake Project Drill Hole TF-26-30 Emerging discovery… 0.34% eU₃O₈ over 4.6 m(1) with 7 mineralized holes across 5 drill fences ~600m to the south for follow-up drilling Including 1.00% eU₃O₈ over 1.4 m of sparsely tested conductive trend NASDAQ: FMST | CSE: F
Slide 11: Eight Drill-Ready Targets at Tuning Fork West
Eight Drill-Ready Targets at Tuning Fork West Hatchet Lake Project ~1.5 km of conductor strike length 7 6 8 Newly Identified Conductors 5 • Result of reprocessing and 4 reinterpretation of historic VTEM data. • Parallel to the TFUZ trend. 3 • Never drill tested. 2 Prospective Geological Contact 1 •
Slide 12: High-Potential Beta Grid Area
High-Potential Beta Grid Area Hatchet Lake Project 20.3 m Unconformity (UC) Offset Projected Prime target for hallmark feature associated with many Athabasca Basin uranium deposits Regional Expectation: UC naturally deepens westward; at Beta drill testing shows opposite = Geologic Structure Unconfor
Slide 13: Turkey Lake
TURKEY LAKE Historic Uranium Mineralization and New Gravity Targets Ready for Drill Testing >10 km Underexplored Conductor Strike Length HISTORIC URANIUM INTERSECTIONS TUR-4: 0.16% U₃O₈ over 0.6 m¹ TL-10-13: 0.12% U₃O₈ over 0.5 m² Basin Margin and Domain Contact • Spans the Athabasca Basin margin at
Slide 14: CLK Project: Beacon and CLG Legacy
CLK Project Multiple Target Areas Confirmed by Recent ANT Geophysical Survey CLG Legacy Beacon Target Area Target Area Beacon • Velocity-high anomaly (>2.5 km/s) • Similar velocity to basement rocks 1.7 km • Extends from UC to surface. CLG-D1 • Highly unusual geophysical CLG-D5 anomaly suggestive of
Slide 15: Manitoba Portfolio
MANITOBA PORTFOLIO Gold and Lithium Exploration Projects FOUR PROJECTS NEAR SNOW LAKE 17,513 HECTARES Proximal to existing infrastructure Jean Lake Gold-focused project with high-grade gold intersections, plus lithium potential. Zoro Dyke 1: S-K 1300 inferred resource1 1,074,567 t at 0.91% Li₂O Peg
Slide 16: Jean Lake
JEAN LAKE High-grade gold discovered, lithium upside, and additional IP targets Gold + lithium Two distinct mineralized systems Gold & B1 Lithium High-grade gold already intersected Drilling Focus to Date Untested IP 7.50 g/t Au over 7.66 m(1) Targets including 102.0 g/t Au over 0.48 m Additional IP
Slide 17: Jean Lake: Selected gold intercepts and B1 lithium results
JEAN LAKE Selected gold intercepts and B1 lithium results GOLD INTERCEPTS(1) JL25-002: 10.7 g/t Au over 5.6 m including 82.0 g/t Au over 0.7 m FM23-08: 7.50 g/t Au over 7.66 m including 102.0 g/t Au over 0.48 m JL25-003: 9.0 g/t Au over 3.5 m including 34.2 g/t Au over 0.8 m FM23-04A: 11.27 g/t Au o
Slide 18: Zoro Lithium Project
ZORO LITHIUM PROJECT Spodumene mineralization and resource growth potential 0.91% Li₂O 1.07 million tons(1) Inferred resource estimate from Dyke 1 16 Dykes Identified • Spodumene mineralized pegmatites • Open for further drilling and additional resource growth >400 m Extent of Dyke 1 mineralization
Slide 19: Corporate and Financial Overview
Corporate and Financial Overview David Cates - Interim CEO & Director Mr. Cates is a Chartered Professional Accountant (CPA, CA) and holds Master of Accounting (MAcc) and Honours Bachelor of Arts (BA) degrees from the NASDAQ: FMST CAPITAL SNAPSHOT 1 University of Waterloo. Mr. Cates has extensive ex
Slide 20: Pioneering a Clean Energy Future
PROPERTY PORTFOLIO Pioneering a Clean Energy Future A diversified Canadian property portfolio centred on Saskatchewan’s Athabasca Basin, with additional assets in Manitoba’s Snow Lake district. SASKATCHEWAN URANIUM PROPERTIES Prolific Athabasca Basin Region • 10 properties • 135,000 hectares / 330,0
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