The drill program will cover around 3,000m on the property.
Previous exploration work developed various drill targets using airborne EM and mag, ground gravity and resistivity surveys.
The targets are located along and adjacent to the Black Lake corridor that transects the entire basin.
Parallel to the Nisto mine, one of the targets is said to have associated outcropping uranium mineralization 300m to the west.
Athabasca sandstone on the Fir Island property is varied by around 200m and is known for testing multiple shallow targets to the underlying basement rocks.
"This project has seen very limited historic drilling, making it one of Forum’s top exploration prospects," Forum said.
Fir Island project is located on the Centennial – Black Lake Structural Corridor and has access to the AREVA McClean Lake Mill and the Cameco Rabbit Lake Mill.
