Introduction
The 100%-owned Maurice Point Project consists of one mineral permit and fifteen mineral claims, covering 51,799 ha of the margin of the Athabasca Basin, Saskatchewan. The property is located immediately adjacent to Cameco Corporation's Maurice Bay deposit on the northwest margin of the Athabasca Basin.

The Maurice Bay uranium deposit, is reported to host 1.3 million pounds of U₃O₈ at a grade of 0.6%, includes structurally controlled mineralization within altered basement rocks and at the sub-Athabasca unconformity.

Forum Uranium has entered into an agreement with Mega Uranium Ltd. (MGA:TSX.V) to explore and develop Forum's 100% owned Maurice Point property, whereby Mega Uranium can earn a 55% interest in the Maurice Point project by spending $8 million over three years and issuing 100,000 Mega shares to Forum. Mega can earn a further 15% interest (total 70% interest) by delivering a positive feasibility study and arranging project financing. Forum has the option to convert its remaining 30% interest to a 2% NSR at its election. Forum is the Operator.

Geology
The Maurice Point Project covers the extensions of basement structures containing the Maurice Bay mineralization and the favorable Athabasca unconformity. The basement rocks include Archean gneisses and migmatites of the White Lake Complex which are unconformably overlain by metasediments of the Thluicho Lake Group. Both the gneisses and the metasediments appear to have been intruded by granite and granodiorite of the Western Granodiorite Complex.

The Maurice Point Project is targeting typical unconformity hosted uranium deposits similar to the nearby Maurice Bay deposit (1.3M lbs of U₃O₈ Resource), or the McArthur River deposit (436.5M lbs U₃O₈ Reserves).

Historical Work
Historical work on the Maurice Point Project including mapping, trenching, sampling, drilling, and geophysics has outlined 8 mineralized zones between Anderson Point in the north, and MacKenzie Point in the south with grab samples as high as 0.6% U₃O₈ and drill intersections including 0.15% U₃O₈ over 0.3m.

During 2005, Forum Uranium geologists outlined several new zones and redefined several historical zones of mineralization on the Maurice Point Property, for example: grab samples range from 0.38% U₃O₈ to 7.31% U₃O₈ on the Beach Zone and grab samples range from 0.26% U₃O₈ to 1.01% U₃O₈ the Uranium Ridge zone; two highly prospective zones along the extension of the NE structure which hosts the Maurice Bay deposit. In 2006 and 2007, further geophysical surveys were completed.

Proposed Work
Forum completed 2,324 metres of drilling, ground gravity and resistivity during the winter 2008. A major basement-hosted hydrothermal alteration zone was intersected during the drill program. Alteration at this magnitude occurs with other basement-styles of mineralization such as Cameco's Millennium deposit and AREVA/UEX' shea Creek Deposit.