Resource World Magazine

D E C E M B E R / J A N U A R Y 2 0 1 9 www.resourceworld.com 53 FORUM ENERGY REPORTS 2 METRES OF 3.79% COPPER AT JANICE LAKE FORUM ENERGY METALS CORP.'s [FMC-TSXV] final assays from all four holes intersected both copper and silver mineraliza- tion and a new lead/zinc zone within 80 metres of surface in the JL-1 target area of the Janice Lake sedimentary copper project located in north-central Saskatchewan's Wollaston copper belt. • Previously reported intersection of 19.0 metres grading 1.0% copper in hole FEM-01 also reports 6.5 g/t silver with the inclu- sion of a 2.0-metre interval grading 3.79% copper and 28 g/t silver; • Final assays for hole FEM-02 identified a 15-metre zone of lead and zinc mineralization with values of 1.09% lead and 0.62% zinc within a 5-metre intersection grading 0.39% copper and 4.3 g/t silver. Rick Mazur, P.Geo., President and CEO, said Forum is very encouraged by the results at the JL-1 target, which confirm the potential for discovering a large near-surface sedimentary copper deposit at Janice Lake. Drilling, completed by Phelps Dodge in 2003, on the JL-1 target, intersected copper in two holes. Holes JL-03-38 returned 22 metres of 0.69% copper, including 5.8 metres grading 1.33% copper and 5.5 g/t silver and a lower zone of 8.3 metres of 0.52% copper. JL-03-41 intersected 24 metres of 0.42% copper, includ- ing 6 metres of 0.91% copper and 3.2 g/t silver. These results, in addition to Forum's recent assays, suggest that the mineralization in the JL-1 area is becoming stronger and slightly deeper to the southwest. Chalcocite and native copper mineralization is interpreted to be stratabound striking northeast with a 40-degree dip to the north- west and a shallow southwest plunge. A 2 km trend of resistivity anomalies has been identified to the northeast from hole FEM-02 toward historic hole PL-93-11 (33 metres grading 0.77% copper at a depth of 35 metres) at the Janice showing. This possible extension of copper/lead/zinc/ silver mineralization along strike bodes well for delineating a potentially large-tonnage open-pit deposit. Mineralization at JL-1 has only been drilled to a depth of 80 metres and remains open at depth. Previous regional work by Noranda, Phelps Dodge and the Saskatchewan government, including drill intersections of 8.7 metres grading 0.6% copper at the KAZ showing 5 km northeast and 11 metres grading 0.9% copper at the Rafuse showing 6 km northeast of Forum's cur- rent drilling at JL-1, demonstrates the potential for discovering a very large corridor of near-surface copper mineralization. Forum has prioritized these target areas and numerous copper showings on the property that have never been drill tested. The company is exploring for copper in Saskatchewan and cobalt in Idaho and Oregon. In addition, Forum is well positioned for when the uranium market rebounds with interests in seven drill- ready projects in the Athabasca Basin. n WESTHAVEN DRILLS 46.20 METRES OF 8.95 G/T GOLD AT SHOVELNOSE WESTHAVEN VENTURES INC. [WHN-TSXV; WTHVF-OTC] has released further drill results from its recently completed drill campaign at its 15,542-hectare Shovelnose gold property in the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 km south of Merritt, BC. Drill hole SN18-15 returned 46.20 metres of 8.95 g/t gold and 65.47 g/t silver, including 5.00 metres of 14.70 g/t gold and 215.00 g/t silver. This hole is 100 metres southeast of hole SN18- 14, which returned 17.77 metres of 24.50 g/t gold and 107.92 g/t silver. The strike length of the South zone is 700 metres and is open to the east and southeast. Gareth Thomas, President and CEO, said, "Drilling at the South zone continues to intercept broad, high-grade gold intervals. Drill hole SN18-15 was drilled 100 metres to the southeast of hole SN18-14 and 360 metres to the southeast of SN18-12. It provides additional evidence to support management's belief that we are dealing with a sizable gold system. We are initiating a fully financed, follow-up drill program. The Shovelnose gold property benefits from its proximity to infrastructure and can be worked year-round." Peter Fischl, PGeo, Exploration Manager, stated, "Hole SN18-15 indicates that the mineralized horizon, centred at about 1,200- metre elevation, continues southeast into a stronger dilational environment, resulting in broader mineralized veins. Follow-up drilling will continue stepping out to the southeast to test this trend of widening veins." SHOVELNOSE GOLD PROPERTY OVERVIEW Westhaven owns a 100%-interest in four properties covering over 35,000 hectares within the prospective SBGB, which is situated within a geological setting similar to other significant epithermal gold-silver systems. Following a recent massive claim staking program by Sable Resources Ltd. [SAE-TSXV], the company formed a strategic alliance with Westhaven. Sable staked 189,197 hectares covering over 70% of workable ground of the SBGB. The ground is held by Sable's 100% subsidiary Multinational Mining Inc. The 200-km long by 30-km-wide SBGB is an emerging low-sulphidation epithermal gold belt that the companies believe to be highly prospective and underexplored. Westhaven has been advancing its Shovelnose, Prospect Valley, Skoonka and Skoonka North gold projects in the SBGB. n MINING

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