Southern Cross Gold Consolidated Ltd. press release
InvestorNewsBreaks - First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Issues Update on Exploratory Drilling at Augustus Lithium Property
TSX - Toronto Stock Exchange · Australia · Drill Results
InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Issues Update on Exploratory Drilling at Augustus Lithium Property
First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today provided an update on the progress of the phase 2 exploratory drill program at its Augustus Lithium Property. The property’s drill program commenced on Dec. 6, 2021, by Forage Hebert Inc. Drilling of Amos, Quebec. Phase 2 drilling is being carried out at the following three lithium prospects on the property: Augustus Lithium Prospect, Canadian Lithium/Beluga Lithium Prospect and Valor Lithium Prospect. According to the update, a total of four NQ-size core drill holes have been completed to date with a cumulative drilling of 907 metres, with two drill holes completed at each of the Augustus and Canadian Lithium/Beluga Lithium Prospects. The rig has been moved to Valor Prospect for further drilling. The current phase 2 drilling is in addition to phase 1 drilling, completed in 2021, of 5,847.15 metres consisting of 32 drill holes. The company reported that the initial core inspection indicated all four drill holes intersected pegmatites of variable thicknesses. The core samples are shipped to Ancaster, Ontario-based Activation Laboratories (“ACTLABS”), an independent commercial, accredited ISO certified laboratory, for sample preparation and analysis.
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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. Its goal is to identify, acquire and explore North American mineral prospects in the precious metal, base metal and industrial metals 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 about the company, visit www.FirstEnergyMetals.com.
NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at http://ibn.fm/FEMFF
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