Suche
 
Folgen Sie uns auf:

First Energy Metals Drills 1.17 Percent Lithium Oxide over 19 Meters at Augustus Lithium Property

01.06.2021  |  CNW

VANCOUVER, June 1, 2021 - First Energy Metals Ltd. (CSE: FE) ("First Energy" or the "Company) is pleased to announce results of drill hole NC21-16 at its Augustus Lithium Property in Quebec, Canada. The drill hole intersected a 19-meter-wide zone with 1.17 percent (%) lithium oxide (Li2O) at 126 metres (m) drilled depth. There are anomalous values of other rare metals as well including average values of niobium (Nb) 77.83 parts per million (ppm), rubidium (Rb) 1,378.58 ppm, tantalum (Ta) 96.79 ppm, beryllium (Be) 181 ppm, cesium (Cs) 67.45 ppm. Average value of iron (Fe) is 0.47% (see Table 1 for details).

Drill hole LC21-16 was drilled at location: 287095E, 5367711N (NAD 1983 UTM Zone 18N), Azimuth 45 degrees, Dip 44.7 degrees with a total drilled depth of 288m. All intersections reported are based on drilled width and have not been converted to the true width.

Gurminder Sangha, CEO of First Energy Metals stated that, "We are pleased with the drilling results to date. This drill hole intersected larger drilled widths of lithium bearing zones than the historically reported intersections in this area".

The drill program is based on the historical exploration data and the Company's surface trenching and sampling program which is currently underway. Several historical drill hole collars were also located on the Property which help in location and orientation of drill holes for the current drill program. The Drill program commenced on April 5th at the Property by Forage Hebert Inc. Drilling of Amos, Quebec who is contracted for the drill program. A B-20 drill rig is deployed for this work which has a capacity to drill up to 1,000-meter-deep hole. A core shack has been built near the Property for drill core logging, sample preparation and storage. To date a total of 19 drill holes with a cumulative core drilling of 3,200 m has been completed on the Property. The drill core is being logged and sampled at the core shack using a rock saw. For quality control and quality assurance (QA/QC), field duplicates and blanks are being inserted at an industry standard interval.

The samples were bagged and tagged using best practices and were delivered to Activation Laboratories ("ACTLABS"), Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2) as summarized below. ACTLABS is an independent commercial, accredited ISO Certified Laboratory.

Code Ultratrace 7 - Peroxide Fusion - ICP and ICP/MS

Samples are fused with sodium peroxide in a Zirconium crucible. The fused sample is acidified with concentrated nitric and hydrochloric acids. The resulting solutions are diluted and then measured by ICP-OES and ICP-MS. All metals are solubilized.

ICP-MS
Fused samples are diluted and analyzed by Agilent 7900 ICP-MS. Calibration is performed using five synthetic calibration standards. A set of (10-20) fused certified reference material is run with every batch of samples for calibration and quality control. Fused duplicates are run every 10 samples.

ICP-OES
Samples are analyzed with a minimum of 10 certified reference materials for the required analytes, all prepared by sodium peroxide fusion. Every 10th sample is prepared and analyzed in duplicate; a blank is prepared every 30 samples and analyzed. Samples are analyzed using a Varian 735ES ICP and internal standards are used as part of the standard operating procedure. Source: https://actlabs.com/geochemistry/lithogeochemistry-and-whole-rock-analysis/peroxide-total-fusion/

Afzaal Pirzada, P.Geo., Geological Consultant of the Company, and a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About the Augustus Lithium Property

The Company owns 100% interest in Augustus Lithium Property in Landrienne & Lacorne-Townships, Quebec, Canada. The Property consists of 271 mining claims covering a total area of 14,155 hectares located approximately 40 kilometres northwest of the town of Val d'Or on map sheets 32C/05 and 32D08. The Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a well thought out work plan on the property which includes diamond drilling, metallurgical testwork to produce battery grade lithium carbonate, and resource estimation. To date, the Company has compiled historical drill hole data on the Property for 74 historical dill holes with a cumulative drilling of 12,123.14 m, out which 6,024 m drilling was completed on the Property during 1950s. Several drill hole results indicated intersections over 1% lithium oxide.".

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 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;
  • 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.

ON BEHALF OF THE BOARD OF
First Energy Metals Ltd.

"Gurminder Sangha"
Gurminder Sangha
President & Chief Executive Officer

Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.
Forward-looking Information

Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about the Company's information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.

The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's ability to obtain required approvals. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

Table 1: Drill Hole LC21-016 Sample assays highlights

Analyte Symbol

Depth From

Depth To

Total

Li

Li2O

Be

Cs

Fe

Nb

Rb

Ta

Unit Symbol

m

m

m

ppm

%

ppm

ppm

%

ppm

ppm

ppm

Detection Limit




3


3

0.1

0.05

2.4

0.4

0.2

Analysis Method




FUS-MS-Na2O2

201819

19.5

20.5

1

1610

0.35

370

438

1.29

40.9

2170

32.1

201821

31

32

1

3290

0.71

219

1010

2.51

46

4830

34.7

201822

32.33

33

0.67

3040

0.65

126

1020

2.75

52.9

4220

33.2

201823

33

34

1

961

0.21

232

173

0.74

8.9

1590

26.6

201824

124

125

1

1790

0.38

251

334

3.4

48.9

1890

73.7

201826

125

126

1

839

0.18

259

47.7

0.48

46

536

82

Start of mineralized intersection

201827

126

127

1

5250

1.13

212

50.1

0.27

67.2

1130

108

201828

127

128

1

6070

1.31

213

82.7

0.54

78.8

2000

101

201829

128

129

1

1750

0.38

178

75.6

0.24

69.2

1750

157

201831

129

130

1

4320

0.93

223

92.6

0.33

74.3

1920

129

201832

130

131

1

2560

0.55

136

74.5

0.53

67.2

1910

156

201833

131

132

1

3760

0.81

195

57.4

0.28

77.5

1010

88.9

201834

132

133

1

1780

0.38

321

65

0.53

59.9

1110

97.1

201835

133

134

1

3740

0.80

114

52.1

0.46

101.8

1360

73.9

201836

134

135

1

5970

1.28

174

39.3

0.82

111.8

828

56.7

201837

135

136

1

9440

2.03

109

61.1

0.48

76.5

1230

49.8

201838

136

137

1

8330

1.79

136

60.6

0.65

81.5

785

67.6

201839

137

138

1

7430

1.60

188

88.4

0.43

81.6

1460

83.1

201841

138

139

1

7500

1.61

182

79.4

0.33

80

1550

136

201842

139

140

1

8000

1.72

189

87.9

0.57

79.6

1670

178

201843

140

141

1

4920

1.06

212

71.9

0.37

77

1440

76.7

201844

141

142

1

5270

1.13

141

54.7

0.72

77

1010

78

201845

142

143

1

5040

1.08

176

63.6

0.37

60.5

1090

51.6

201846

143

144

1

5800

1.25

173

66.6

0.63

87.4

1420

54

201847

144

145

1

6360

1.37

167

58

0.4

70

1520

96.7

Total width / Average assays

126m

145m

19m

5436.32

1.17

181

67.45

0.47

77.83

1,378.58

96.79

201848

145

145.73

0.73

273

0.06

334

33

0.59

82.5

387

62.4

201849

173.5

174.5

1

699

0.15

232

135

1.22

89.2

824

71.6

201851

174.5

175.5

1

2670

0.57

505

52.7

0.36

83.6

670

63.8

201852

175.5

176.5

1

1360

0.29

265

33.3

0.59

89.1

483

70.1

201853

176.5

177.5

1

3170

0.68

241

68.4

0.43

76.3

1990

66.1

201854

177.5

178.5

1

5590

1.20

139

75.9

0.74

72.7

1990

67.8

201855

178.5

179.3

0.8

938

0.20

170

147

0.7

105.4

1300

75

201856

180.2

180.8

0.6

3660

0.79

194

46.9

0.75

87.5

869

69.5

201857

180.8

181.4

0.6

8340

1.79

205

150

0.69

61.2

1060

55.2

201858

183.6

184.5

0.9

1150

0.25

87

44.2

0.63

79.8

2030

39.7

201859

184.5

185

0.5

1270

0.27

97

36.7

0.42

112.6

1570

55.8

201861

185

186

1

5730

1.23

279

61.4

0.48

107.2

1580

60

201862

186

186.7

0.7

1800

0.39

139

88.1

0.8

77.3

893

61.8

Note: A standard conversion factor of 2.15 was used to report Li to Li2O values
All intersections reported are based on drilled width and have not been converted to the true width.

SOURCE First Energy Metals Ltd.



Contact
Please contact the Company at: gsangha@firstenergymetals.com or (604) 375-6005
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
First Energy Metals Ltd.
Bergbau
A2JC89
CA32016U2074
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2021.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"