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InvestorNewsBreaks - First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Drills 1.47% Li2O at 11.5 Meters Depth at Augustus Lithium Property

2021-08-17

TSX - Toronto Stock Exchange · Australia · Drill Results

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Drills 1.47% Li2O at 11.5 Meters Depth at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of drill hole LC21-05 at its Augustus Lithium Property in Quebec, Canada. According to the update, highlights of LC21-05 include a four-meter-wide zone with 1.47% lithium oxide (“Li2O”) at 11.5 meters (“m”) depth and a three-meter-wide zone with 0.56% Li2O at 32m depth, including a one-meter-wide zone with 1.14% Li2O at 33m depth. The drill program is based on historical exploration data and the company's in-progress surface trenching and sampling program. Several historical drill hole collars were also located on the property, which helped in the location and orientation of drill holes for the current program. The samples were processed using best practices and delivered to Activation Laboratories (“ACTLABS”), Ancaster, Ontario, for sample preparation and analyses using Ultratrace 7 and sodium peroxide fusion (“Na2O2”) as summarized in the update. ACTLABS is an independent commercial, accredited ISO Certified Laboratory.

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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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