Announcement Date: 2022-10-17
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: First Energy Metals Ltd.
Project name: Augustus
Location: Canada
Commodities: Lithium
Highlight: Drilling results incl. 11.2m at 0.91% Li2O from 146m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, Oct. 17, 2022 /CNW/ – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce results of Phase 2 exploration program drill holes LC21-33 to 37 at its Augustus Lithium Property in Quebec, Canada. The drill hole LC21-35 intersected a 11.20-meter-wide zone with 0.91 percent (%) lithium oxide (Li2O) at 146 metres (m), including a 5 m zone with 1.03% Li2O at 146 m and 3.2 m with 1% Li2O at 154 m. This drill hole also has a lower seven meterswide zone with 0.54% Li2O at 165m drilled depth and several other smaller interceptswith variable lithium grades (see Table 2 for details). The drill hole LC21-35 intersected a 11.20-meter-wide zone with 0.91 % Li2O at 146 m, including a 5 m zone with 1.03% Li2O at 146 m and 3.2 m with 1% Li2O at 154 m. There is another seven meters wide zone with 0.54% Li2O at 165 m drilled depth including 2.06% Li2O over one meter at 169 m. This drill hole also intercepted several smaller intercepts with variable grades as shown in Table 2.
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