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InvestorNewsBreaks - First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Impressive Drill Results at Augustus Lithium Property

2021-07-20

TSX - Toronto Stock Exchange · Australia · Drill Results

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Impressive Drill Results at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of drill hole LC21-22 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 10.5-meter-wide zone with 1.22% lithium oxide (“Li 2 O”) at 69 metres (“m”) drilled depth. There are additional anomalous values of other rare metals, including average values of niobium (“Nb”) 65 parts per million (“ppm”), rubidium (“Rb”) 967 ppm, tantalum (“Ta”) 83 ppm, beryllium (“Be”) 187 ppm, cesium (“Cs”) 39.9 ppm, and iron (“Fe”) is 0.42. The company reported that there is an upper 5.1 metres wide mineralized intersection starting at 53.3 metres with 0.49% lithium oxide. The upper intersection is marked with high rubidium values with three samples of over 5,000 ppm rubidium (above the laboratory’s method detection limit).

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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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