Essential Power…Infinite Possibilities

2007

  • Flow Through Financing Completed for Formation’s Saskatchewan Uranium Projects
  • Former Idaho Governor & Secretary of the Interior Elected to Board of Formation Capital
  • Highest Grade Uranium Mineralization Encountered to Date on Virgin River
  • Engineering & Procurement Progressing Well on Formation’s Idaho Cobalt Project
  • BMSG Drops Water Right Notice of Protest on Formation’s Cobalt Project
  • Formation Announces Court Ruling in Arizona is not Expected to Delay NPDES Permit
  • Formation Capital Orders Ball Mill Equipment for Idaho Cobalt Project
  • Feasibility Study Signals Green Light for Idaho Cobalt Project
  • Three of Four Drill Holes Intersect Significant Uranium Values on Virgin River Property
  • Public Support Overwhelming for Idaho Cobalt Project - Final EIS and ROD expected in October
  • Bankable Feasibility Study Update
  • Formation Secures Over $20 Million to Advance Cobalt Project
  • Formation’s Bankable Feasibility Study Imminent
  • Formation Announces $15 Million Financing to Secure Timely Delivery of Mine Equipment
  • Formation Capital CEO Encouraged by Outreach Efforts
  • Public Shows Support at Forest Service Public Meetings on Idaho Cobalt Project’s
  • Formation Capital to Continue Drilling Virgin River Uranium Property
  • Draft EIS Indicates Idaho Cobalt Project Demonstrates Environmental Stewardship
  • Forest Service Completes Idaho Cobalt Project’s Draft EIS
  • 2006 Diamond Drilling on Virgin River Uranium Project Returns Highest Grade Thickness to Date
  • Formation Finalizes Sale of Big Creek Tailings Facility