First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has released results of drill hole LC21-003 at its Augustus Lithium Property in Quebec, Canada. The announcement stated that the drill hole intersected a six-meter-wide zone with 0.62% lithium oxide (“Li2O”) at 45 meters in depth; the hole included a two meter-wide wide intersection with 1.35% Li2O at 48 meters depth. In addition, a second two-meter-wide pegmatite intersection assayed 0.63% Li2O at 73 meter depth. First Energy noted that its trenching and sampling program is still underway. The company stated that several historical drill hole collars were located throughout the Augustus Lithium Property, and those collars support the current drill program, which started on April 5, 2021. The announcement noted that the company has built a core shack near the property for the purpose of drill core logging, sample preparation and storage, and that to date 13 drill holes have been completed with cumulative core drilling of 1,770 meters done thus far. First Energy is logging and sampling the drill core with a rock saw, and field duplicates and blanks are being inserted at an industry standard interval. The company also announced that it has granted incentive stock options to specific directors, officers and consultants; the option includes purchasing up to 900,000 common shares, exercisable for a period of five years at an exercise price of $0.25 per share.
To view the full press release, visit https://nnw.fm/3tdX0
About First Energy Metals Limited
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.
NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at https://nnw.fm/FEMFF
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork
