First Energy Metals Drills 1.12 Percent Lithium Oxide Over 7 Meters in Drill Hole LC-21-09 at Augustus Lithium Property
Vancouver, B.C. (December 9, 2021) – First Energy Metals Ltd. (CSE: FE) ("First Energy" or the “Company) is pleased to announce results of drill hole LC21-09 at its Augustus Lithium Property in Quebec, Canada. The drill hole intersected a 39 meters spodumene pegmatite in which a 7-meter-wide zone assayed 1.12 percent (%) lithium oxide (Li2O) at 11 metres (m) drilled depth. The Company is also pleased to announce commencement of Phase 2 drill program on December 6 at the Property by Forage Hebert Inc. Drilling of Amos, Quebec. The drilling company completed 5,847.15 Phase 1 drilling on the Property and is again contracted for this work.
Highlights (see Table 1 for details)
- A 39 metres wide spodumene pegmatite intersection (from 7 to 46 m drilled depth) with average 0.17 % lithium (Li) or 0.37% Li2O. There are four higher grade intersections included within this wider pegmatite as listed below.
Seven-meter wide spodumene pegmatite zone with 1.12% Li2O at 11 m drilled depth. Two-meter wide spodumene pegmatite zone with 0.90% Li2O at 22 m drilled depth. Two-meter wide spodumene pegmatite zone with 0.74% Li2O at 26 m drilled depth. Two-meter wide spodumene pegmatite zone with 0.31% Li2O at 44 m drilled depth.
Drill hole LC21-09 was drilled at Canadian Lithium / Beluga Prospect, UTM location: 284822E, 5368321N (NAD 1983 UTM Zone 18N), Azimuth 48.2 degrees, Dip -44.2 degrees with a total drilled depth of 147 m. All intersections reported are based on drilled width and have not been converted to the true width. The drill core was logged and sampled at the core shack using a rock saw. For quality control and quality assurance (QA/QC), field duplicates, standards and blanks were inserted at industry standard intervals. The samples were bagged and tagged using best practices and were delivered to Activation Laboratories (“ACTLABS”), Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2). ACTLABS is an independent commercial, accredited ISO Certified Laboratory.
For the Phase 2 drill program, a B-20 drill rig has been deployed which has a capacity to drill up to 1,000-meter-deep hole. The core shack built during Phase 1 drilling at the village of St-Dominique du Rosaire located about 50km from the Property will be used for drill core logging, sample preparation and storage.
Afzaal Pirzada, P.Geo., Geological Consultant of the Company, and a “Qualified Person” for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.
ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.
"Gurminder Sangha"
Gurminder Sangha
President & Chief Executive Officer
For further information, please contact the Company at: gsangha@firstenergymetals.com
Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.
Forward-looking Information
Except for the statements of historical fact, this news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. “Forward-looking information” in this news release includes information about the Company’s information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company’s ability to obtain required approvals. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
Table 1: Drill Hole LC21-09 Assay Highlights
Analyte Symbol
Depth
Depth
Total
Li
Li2O
Unit Symbol
M
M
M
%
%
Detection Limit
0.01
Analysis Method
From
To
Length
FUS-Na2O2
201557
7
8
1
0.13
0.28
201558
8
9
1
0.08
0.17
201559
9
10
1
0.34
0.73
201561
10
11
1
0.06
0.13
201562
11
12
1
0.10
0.22
201563
12
13
1
0.13
0.28
201564
13
14
1
0.40
0.86
201565
14
15
1
0.46
0.99
201566
15
16
1
1.26
2.71
201567
16
17
1
0.98
2.11
201568
17
18
1
0.33
0.71
and including
11
18
7
0.52
1.12
201569
18
19
1
0.02
0.04
201571
19
20
1
0.03
0.06
201572
20
21
1
0.02
0.04
201573
21
22
1
0.02
0.04
201574
22
23
1
0.32
0.69
201576
23
24
1
0.52
1.12
and including
22
24
2
0.42
0.90
201577
24
25
1
0.04
0.09
201578
25
26
1
0.03
0.06
201579
26
27
1
0.13
0.28
201581
27
28
1
0.56
1.20
and including
26
28
2
0.35
0.74
201582
28
29
1
0.03
0.06
201583
29
30
1
0.04
0.09
201584
30
31
1
0.05
0.11
201585
31
32
1
0.01
0.02
201586
32
33
1
0.04
0.09
201587
33
34
1
0.03
0.06
201588
34
35
1
0.03
0.06
201589
35
36
1
0.04
0.09
201591
36
37
1
0.03
0.06
201592
37
38
1
0.02
0.04
201593
38
39
1
0.03
0.06
201594
39
40
1
0.03
0.06
201595
40
41
1
0.06
0.13
201596
41
42
1
0.02
0.04
201597
42
43
1
0.02
0.04
201598
43
44
1
0.03
0.06
201599
44
45
1
0.19
0.41
201601
45
46
1
0.10
0.22
and including
44
46
2
0.15
0.31
Total Width / Average
7
46
39
0.17
0.37
Note: A standard conversion factor of 2.15 was used to report Li to Li2O values
All intersections reported are based on drilled width and have not been converted to the true width.