Five Major Structural Trends, Radioactivity and Alteration Identified by Drilling at Forum Uranium's Clearwater Project, Patt...

Forum Uranium Corp.'s (TSX VENTURE:FDC) winter drill program on its 100% owned
Clearwater Property has successfully identified five major structural trends
with reactivated graphitic shear zones, alteration, and areas of localized
radioactivity. These positive results warrant leaving the camp and drill on site
to expedite the planning of a follow-up summer program with minimal start-up
costs. 


Regional exploratory drilling of gravity and electromagnetic targets intersected
brecciated graphite/pyrite in reactivated faults on all electromagnetic
conductor targets (Figure 1). Two drill holes (CW-07 and CW-08) returned a mix
of strong chloritization, variable bleaching and localized secondary hematite,
indicating oxidized fluids (Figure 2). Two holes, CW-05 (Mongo target) on the
interpreted south-west extension of the Patterson Lake structure and CW-09 on
the eastern "arm" returned elevated radioactivity. The Mongo hole returned minor
graphite, brittle/ductile breccia zones and a local radioactive peak of 300cps.
Numerous targets along the 3km long Mongo trend remain. Hole CW-09 intersected
strongly altered and corroded, weakly graphitic pelitic gneiss with locally
elevated radioactivity of up to 300cps. Further drilling in both these areas has
been recommended by Forum's technical team.


Ken Wheatley, Vice President of Exploration commented, "Forum is pleased with
its initial drill program on this project. The combination of sub-vertical
reactivated graphitic shear zones, intense alteration in the upper sections of
the holes and the occasional occurrence of secondary hematite is indicative of
the type of environment for transporting uranium bearing fluids. Clearwater is a
large and untested property strategically located along strike from the PLS
deposits, and this first pass limited drill program has provided valuable
geological insight. We still have plenty of targets to drill along these
structural corridors on the northern claim, and have yet to begin drilling the
southern claims with their conductive trends, airborne radiometric anomalies and
high uranium values in the lake sediments."


Forum completed nine holes totaling 2,310 metres on nine separate, widely spaced
targets, including a number of gravity lows, radon anomalies and EM conductors
both on strike and running parallel to Fission Uranium's Patterson Lake South
trend. Analytical results are expected in early June. The drill program
terminated early due to spring break-up, and planned drilling of a second hole
on Mongo Lake was deferred due to poor ice conditions. 


Forum will continue to prioritize the numerous conductive trends on the project
and identify new targets from further evaluation of the results of this program.
Most of the area is accessible all year round. 


To view Figures 1 and 2, visit the following link:
http://media3.marketwire.com/docs/940346_F1-2.pdf.


Ken Wheatley, P.Geo. (Saskatchewan/Nunavut), Forum's Vice President, Exploration
is the Qualified Person that has reviewed and approved the contents of this news
release.


About Forum Uranium

Forum Uranium Corp. is a Canadian-based energy company with a focus on the
acquisition, exploration and development of Canadian uranium projects. Forum has
assembled a highly experienced team of exploration professionals with a track
record of mine discoveries for unconformity-style uranium deposits in Canada.
The Company has a strategy to discover near surface uranium deposits in the
Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its
100% owned properties and through strategic partnerships and joint ventures. 


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 PLEASE CONTACT: 
Forum Uranium Corp.
Rick Mazur
President & CEO
604-638-3943


Forum Uranium Corp.
Matt Terriss
Director, Corporate Affairs
604-638-3947
www.forumuranium.com


CHF Investor Relations
Robin Cook
Senior Account Manager
416-868-1079 x 228
[e-mail]