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Rio Tinto and Forum Announce Exploration Plans at Janice Lake Sedimentary Copper/Silver Project, Saskatchewan

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce the 2020/2021 exploration plans on its Janice Lake Sedimentary Copper/Silver Project, located 55 km southeast of the Key Lake uranium processing facility in northern Saskatchewan, Canada. The focus of this years' exploration program will be to evaluate the regional copper/silver potential of this 52 km long sedimentary basin in preparation for an extensive summer and winter drill campaign.

Rio Tinto Exploration Canada (RTEC) Proposed 2020/2021 Exploration Program

* Due to ongoing COVID-19 concerns, the work plan will be dependent on RTEC's ability to safely and effectively access the project area.

Rick Mazur, President & CEO commented, "Rio Tinto intends to commence operations as soon as possible by adjusting its planning while remaining committed to the original program to explore Janice Lake. They have an industry leading health and safety protocol and will undertake this program with the utmost in care for the employees, contractors and communities engaged in this project. I am particularly looking forward to the regional focus of copper mineralization at Janice which has never been undertaken before on this property."

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Ken Wheatley, P.Geo., Forum's VP, Exploration and Qualified Person under National Instrument 43-101, has reviewed and approved the contents of this news release.

Stock Options

The Company has granted 1,150,000 options and not 1,500,000 options as disclosed in the Company's news release of May 11, 2020. All other terms remain the same.

About Forum Energy Metals

Forum Energy Metals Corp (TSXV: FMC) explores for energy metals, including copper, nickel, platinum, palladium and uranium in Saskatchewan, Canada's Number One mining province. In addition, Forum has also established a strategic land position in the Idaho Cobalt Belt. For further information: www.forumenergymetals.com

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo.
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

NORTH AMERICA

Rick Mazur, P.Geo., President & CEO
mazur@forumenergymetals.com
Tel: 778-772-3100

UNITED KINGDOM

Burns Singh Tennent-Bhohi, Director
burnsstb@forumenergymetals.com
Tel: 074-0316-3185

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/56170