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Foremost Lithium Resource & Technology Ltd C.FAT

Alternate Symbol(s):  FMST

Foremost Lithium is a hard-rock exploration company strategically located to capitalize on the world's growing EV appetite and is committed to being a premier supplier of North America's lithium feedstock. As the world transitions towards decarbonization, the Company is focused on exploration and growth on its 5 Lithium Lane Projects in Snow Lake Manitoba. Foremost Lithium also has the Winston Gold/Silver Property in New Mexico USA.


CSE:FAT - Post by User

Post by KozmoTon Nov 17, 2021 1:32pm
309 Views
Post# 34137106

For those that don't believe the Zoro play was

For those that don't believe the Zoro play waseffectively dead here is a direct cut and paste from the company's own 43-101 tech report (why they made and published it is anyone's guess) ... " A current inferred mineral resource estimate is calculated to be 1,074,567 tonnes grading 0.91% Li2O..."  One MT of sub-1% Li2O ... after all those years of exploration THAT is what they came up with. !!

To put it in context ... that is literally WORSE than the original historical estimate of around 1.7 MT of 1.3% grade!!!  With all their drilling they actually reduced the amount of lithium.


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