First Energy Metals (CSE: FE) has released results from its channel sampling program at its Augustus Lithium property in Quebec. The announcement noted that the channel samples at the Beluga Pegmatite of the Canadian Lithium Prospect cut a 32-meter-wide section with an average of 0.74% lithium oxide (Li2O). The company observed that the sampling results included 14 meters of spodumene pegmatite with 1.61 percent lithium oxide. In addition, results indicated that iron content in the samples is less than 1% with anomalous values of other rare elements, including niobium and tantalum. Ground exploration work has been ongoing since February as the company is focused on locating historical lithium pegmatite occurrences on both Augustus and Canadian Lithium Prospects. The testing is also designed to locate historical drill holes and support First Energy’s ongoing drill program; the company plans to continue channel sampling with these objectives in mind. In addition, the channel sampling will assist in resource estimation to tie up potential lithium pegmatite zones intercepted in drill holes to the surface. “The high-grade channel sampling results are very encouraging and reflect of the quality of lithium pegmatites on the Augustus Property,” said First Energy Metals CEO Gurminder Sangha in the press release. “We have created certain milestones for the project moving forward which include completing 5,000 meters drilling, resource, estimation, and metallurgical testwork. The company has laid out 2021 exploration work program according to these milestones.”
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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. The company’s 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; and 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. For more information, visit the company website at www.FirstEnergyMetals.com.
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