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InvestorNewsBreaks - First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Reports Update on Metallurgical Head Sample Assays for Augustus Property

2022-04-04

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InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Reports Update on Metallurgical Head Sample Assays for Augustus Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has received an update from SGS Canada Inc. regarding the ongoing metallurgical testwork being conducted on the Augustus Lithium property. According to the updated report, the head sample being used for the testwork assayed 1.46% lithium oxide (“Li2O”). The testwork is designed to lead to development of a preliminary process to treat the spodumene-bearing lithium mineralized rock to conceptualize a flow sheet, produce lithium oxide concentrate and generate a high-purity lithium carbonate product. Other highlights of the report included head sample assayed at 0.68% Li (or 1.46% Li2O) with 6% Li2O concentrates at specific gravity of 2.90 and above. In addition, the laboratory has been asked to move forward to DMS operations with a first-pass stage at an SG of 2.65 to remove major silicate gangue minerals followed by a second-pass stage on the first-pass floats at an SG of 2.90 to produce spodumene concentrate. The company noted that, if successful, the DMS operation could result in lower operating costs for the project at the production stage.

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About First Energy Metals Ltd.

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.Its 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 about the company, please visit www.FirstEnergyMetals.com.

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