First Energy Metals Drills 1.17 Percent Lithium Oxide Over 19 Meters at Augustus Lithium Property
(firmenpresse) - Vancouver, B.C. (June 1, 2021) - First Energy Metals Ltd. (CSE: FE) ("First Energy" or the Company) is pleased to announce results of drill hole NC21-16 at its Augustus Lithium Property in Quebec, Canada. The drill hole intersected a 19-meter-wide zone with 1.17 percent (%) lithium oxide (Li2O) at 126 metres (m) drilled depth. There are anomalous values of other rare metals as well including average values of niobium (Nb) 77.83 parts per million (ppm), rubidium (Rb) 1,378.58 ppm, tantalum (Ta) 96.79 ppm, beryllium (Be) 181 ppm, cesium (Cs) 67.45 ppm. Average value of iron (Fe) is 0.47% (see Table 1 for details).
Drill hole LC21-16 was drilled at location: 287095E, 5367711N (NAD 1983 UTM Zone 18N), Azimuth 45 degrees, Dip 44.7 degrees with a total drilled depth of 288m. All intersections reported are based on drilled width and have not been converted to the true width.
Gurminder Sangha, CEO of First Energy Metals stated that, We are pleased with the drilling results to date. This drill hole intersected larger drilled widths of lithium bearing zones than the historically reported intersections in this area.
The drill program is based on the historical exploration data and the Companys surface trenching and sampling program which is currently underway. Several historical drill hole collars were also located on the Property which help in location and orientation of drill holes for the current drill program. The Drill program commenced on April 5th at the Property by Forage Hebert Inc. Drilling of Amos, Quebec who is contracted for the drill program. A B-20 drill rig is deployed for this work which has a capacity to drill up to 1,000-meter-deep hole. A core shack has been built near the Property for drill core logging, sample preparation and storage. To date a total of 19 drill holes with a cumulative core drilling of 3,200 m has been completed on the Property. The drill core is being logged and sampled at the core shack using a rock saw. For quality control and quality assurance (QA/QC), field duplicates and blanks are being inserted at an industry standard interval.
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) as summarized below. ACTLABS is an independent commercial, accredited ISO Certified Laboratory.
Code Ultratrace 7 - Peroxide Fusion - ICP and ICP/MS
Samples are fused with sodium peroxide in a Zirconium crucible. The fused sample is acidified with concentrated nitric and hydrochloric acids. The resulting solutions are diluted and then measured by ICP-OES and ICP-MS. All metals are solubilized.
ICP-MS
Fused samples are diluted and analyzed by Agilent 7900 ICP-MS. Calibration is performed using five synthetic calibration standards. A set of (10-20) fused certified reference material is run with every batch of samples for calibration and quality control. Fused duplicates are run every 10 samples.
ICP-OES
Samples are analyzed with a minimum of 10 certified reference materials for the required analytes, all prepared by sodium peroxide fusion. Every 10th sample is prepared and analyzed in duplicate; a blank is prepared every 30 samples and analyzed. Samples are analyzed using a Varian 735ES ICP and internal standards are used as part of the standard operating procedure. Source: https://actlabs.com/geochemistry/lithogeochemistry-and-whole-rock-analysis/peroxide-total-fusion/
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.
About the Augustus Lithium Property
The Company owns 100% interest in Augustus Lithium Property in Landrienne & Lacorne-Townships, Quebec, Canada. The Property consists of 271 mining claims covering a total area of 14,155 hectares located approximately 40 kilometres northwest of the town of Val dOr on map sheets 32C/05 and 32D08. The Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a well thought out work plan on the property which includes diamond drilling, metallurgical testwork to produce battery grade lithium carbonate, and resource estimation. To date, the Company has compiled historical drill hole data on the Property for 74 historical dill holes with a cumulative drilling of 12,123.14 m, out which 6,024 m drilling was completed on the Property during 1950s. Several drill hole results indicated intersections over 1% lithium oxide..
About First Energy Metals Limited.
First Energy Metals is a Canadian mineral exploration company with a primary focus of acquiring a multicommodity mineral property portfolio. Its goal is to identify, acquire and explore North American mineral prospects in the technology metals, precious metal, and base metal sector.
The company''s strategy is to:
- Acquire and advance projects through prospecting and early-stage exploration;
- Source joint venture partners to finance future exploration and project development;
- Create shareholder value through exploration success.
First Energy will continue to add to its multicommodity portfolio through organic acquisitions of new projects and opportunities with the intention of adding value and projects over time.
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(at)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 Companys 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 Companys 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 LC21-016 Sample assays highlights
Analyte Depth Depth TotaLi Li2OBe Cs Fe Nb Rb Ta
Symbol From To l
Unit m m m ppm % ppm ppm % ppm ppm ppm
Symbol
Detection 3 3 0.1 0.052.4 0.4 0.2
Limit
Analysis FUS-MS-Na2O2
Method
201819 19.5 20.5 1 1610 0.35370 438 1.2940.92170 32.1
201821 31 32 1 3290 0.71219 10102.5146 4830 34.7
201822 32.33 33 0.673040 0.65126 10202.7552.94220 33.2
201823 33 34 1 961 0.21232 173 0.748.9 1590 26.6
201824 124 125 1 1790 0.38251 334 3.4 48.91890 73.7
201826 125 126 1 839 0.18259 47.70.4846 536 82
Start of mineralized intersection
201827 126 127 1 5250 1.13212 50.10.2767.21130 108
201828 127 128 1 6070 1.31213 82.70.5478.82000 101
201829 128 129 1 1750 0.38178 75.60.2469.21750 157
201831 129 130 1 4320 0.93223 92.60.3374.31920 129
201832 130 131 1 2560 0.55136 74.50.5367.21910 156
201833 131 132 1 3760 0.81195 57.40.2877.51010 88.9
201834 132 133 1 1780 0.38321 65 0.5359.91110 97.1
201835 133 134 1 3740 0.80114 52.10.46101.1360 73.9
8
201836 134 135 1 5970 1.28174 39.30.82111.828 56.7
8
201837 135 136 1 9440 2.03109 61.10.4876.51230 49.8
201838 136 137 1 8330 1.79136 60.60.6581.5785 67.6
201839 137 138 1 7430 1.60188 88.40.4381.61460 83.1
201841 138 139 1 7500 1.61182 79.40.3380 1550 136
201842 139 140 1 8000 1.72189 87.90.5779.61670 178
201843 140 141 1 4920 1.06212 71.90.3777 1440 76.7
201844 141 142 1 5270 1.13141 54.70.7277 1010 78
201845 142 143 1 5040 1.08176 63.60.3760.51090 51.6
201846 143 144 1 5800 1.25173 66.60.6387.41420 54
201847 144 145 1 6360 1.37167 58 0.4 70 1520 96.7
Total 126m 145m 19m 5436.1.17181 67.40.4777.81,37896.7
width / 32 5 3 .58 9
Average
assays
201848 145 145.730.73273 0.06334 33 0.5982.5387 62.4
201849 173.5 174.5 1 699 0.15232 135 1.2289.2824 71.6
201851 174.5 175.5 1 2670 0.57505 52.70.3683.6670 63.8
201852 175.5 176.5 1 1360 0.29265 33.30.5989.1483 70.1
201853 176.5 177.5 1 3170 0.68241 68.40.4376.31990 66.1
201854 177.5 178.5 1 5590 1.20139 75.90.7472.71990 67.8
201855 178.5 179.3 0.8 938 0.20170 147 0.7 105.1300 75
4
201856 180.2 180.8 0.6 3660 0.79194 46.90.7587.5869 69.5
201857 180.8 181.4 0.6 8340 1.79205 150 0.6961.21060 55.2
201858 183.6 184.5 0.9 1150 0.2587 44.20.6379.82030 39.7
201859 184.5 185 0.5 1270 0.2797 36.70.42112.1570 55.8
6
201861 185 186 1 5730 1.23279 61.40.48107.1580 60
2
201862 186 186.7 0.7 1800 0.39139 88.10.8 77.3893 61.8
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.
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Datum: 01.06.2021 - 02:04 Uhr
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