Announcement Date: 2021-11-29
Announcement Type: Exploration Update
Announcement Code: NI43-101
Company name: First Energy Metals Ltd.
Project name: Augustus
Location: Canada
Commodities: Lithium
Highlight: Channel sampling cuts 1.14% Li2O over 8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, Nov. 29, 2021 /CNW/ – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce garb and channel samples results from exploration work at the Valor prospect on the Augustus Lithium Property in Quebec, Canada. The channel sampling cut a 14-meter-wide section with an average of 0.70% lithium oxide (Li2O) which includes 8- meters of spodumene pegmatite with 1.14 percent lithium oxide. There are anomalous values of other rare elements such as cesium, rubidium, niobium and tantalum. Additionally, four selected channel samples taken from the Valor and Lac La Motte NE prospects / showing assayed up to 3.14% Li2O. The purpose of the sampling was to verify historical exploration work results and to develop future work programs on these lithium prospects / showings on the Augustus Property. Four selected samples and two channels (Channel 1 West and Channel 2 East) were cut as part of this work on the Valor Prospect and Lac La Motte NE Showing
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