Vancouver, B.C. (December 09, 2021) – First Energy Metals Ltd. (CSE: FE) ("First Energy" or the "Company") is pleased to announce results of drill hole LC21-09 at its Augustus Lithium Property in Quebec, Canada. The drill hole intersected a 39 meters spodumene pegmatite in which a 7-meter-wide zone assayed 1.12 percent (%) lithium oxide (Li2O) at 11 metres (m) drilled depth. The Company is also pleased to announce commencement of Phase 2 drill program on December 6 at the Property by Forage Hebert Inc. Drilling of Amos, Quebec. The drilling company completed 5,847.15 Phase 1 drilling on the Property and is again contracted for this work.
Highlights (see Table 1 for details)
A 39 metres wide spodumene pegmatite intersection (from 7 to 46 m drilled depth) with average 0.17 % lithium (Li) or 0.37% Li2O. There are four higher grade intersections included within this wider pegmatite as listed below.
- Seven-meter wide spodumene pegmatite zone with 1.12% Li2O at 11 m drilled depth.
- Two-meter wide spodumene pegmatite zone with 0.90% Li2O at 22 m drilled depth.
- Two-meter wide spodumene pegmatite zone with 0.74% Li2O at 26 m drilled depth.
- Two-meter wide spodumene pegmatite zone with 0.31% Li2O at 44 m drilled depth.
Drill hole LC21-09 was drilled at Canadian Lithium / Beluga Prospect, UTM location: 284822E, 5368321N (NAD 1983 UTM Zone 18N), Azimuth 48.2 degrees, Dip -44.2 degrees with a total drilled depth of 147 m. All intersections reported are based on drilled width and have not been converted to the true width. The drill core was logged and sampled at the core shack using a rock saw. For quality control and quality assurance (QA/QC), field duplicates, standards and blanks were inserted at industry standard intervals. 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). ACTLABS is an independent commercial, accredited ISO Certified Laboratory.
For the Phase 2 drill program, a B-20 drill rig has been deployed which has a capacity to drill up to 1,000-meter-deep hole. The core shack built during Phase 1 drilling at the village of St-Dominique du Rosaire located about 50km from the Property will be used for drill core logging, sample preparation and storage.
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.<
ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.
"Gurminder Sangha"
Gurminder Sangha
President & Chief Executive Officer
For further information, please contact the Company at: gsangha@firstenergymetals.com or (604) 375-6005
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.
Table 1: Drill Hole LC21-09 Assay Highlights
| Analyte
Symbol | Depth | Depth | Total | Li | Li2O |
| Unit
Symbol | M | M | M | % | % |
| Detection
Limit | | | | 0.01 | |
| Analysis
Method | From | To | Length | FUS-Na2O2 | |
| 201557 | 7 | 8 | 1 | 0.13 | 0.28 |
| 201558 | 8 | 9 | 1 | 0.08 | 0.17 |
| 201559 | 9 | 10 | 1 | 0.34 | 0.73 |
| 201561 | 10 | 11 | 1 | 0.06 | 0.13 |
| 201562 | 11 | 12 | 1 | 0.10 | 0.22 |
| 201563 | 12 | 13 | 1 | 0.13 | 0.28 |
| 201564 | 13 | 14 | 1 | 0.40 | 0.86 |
| 201565 | 14 | 15 | 1 | 0.46 | 0.99 |
| 201566 | 15 | 16 | 1 | 1.26 | 2.71 |
| 201567 | 16 | 17 | 1 | 0.98 | 2.11 |
| 201568 | 17 | 18 | 1 | 0.33 | 0.71 |
| and including | 11 | 18 | 7 | 0.52 | 1.12 |
| 201569 | 18 | 19 | 1 | 0.02 | 0.04 |
| 201571 | 19 | 20 | 1 | 0.03 | 0.06 |
| 201572 | 20 | 21 | 1 | 0.02 | 0.04 |
| 201573 | 21 | 22 | 1 | 0.02 | 0.04 |
| 201574 | 22 | 23 | 1 | 0.32 | 0.69 |
| 201576 | 23 | 24 | 1 | 0.52 | 1.12 |
| and including | 22 | 24 | 2 | 0.42 | 0.90 |
| 201577 | 24 | 25 | 1 | 0.04 | 0.09 |
| 201578 | 25 | 26 | 1 | 0.03 | 0.06 |
| 201579 | 26 | 27 | 1 | 0.13 | 0.28 |
| 201581 | 27 | 28 | 1 | 0.56 | 1.20 |
| and including | 26 | 28 | 2 | 0.35 | 0.74 |
| 201582 | 28 | 29 | 1 | 0.03 | 0.06 |
| 201583 | 29 | 30 | 1 | 0.04 | 0.09 |
| 201584 | 30 | 31 | 1 | 0.05 | 0.11 |
| 201585 | 31 | 32 | 1 | 0.01 | 0.02 |
| 201586 | 32 | 33 | 1 | 0.04 | 0.09 |
| 201587 | 33 | 34 | 1 | 0.03 | 0.06 |
| 201588 | 34 | 35 | 1 | 0.03 | 0.06 |
| 201589 | 35 | 36 | 1 | 0.04 | 0.09 |
| 201591 | 36 | 37 | 1 | 0.03 | 0.06 |
| 201592 | 37 | 38 | 1 | 0.02 | 0.04 |
| 201593 | 38 | 39 | 1 | 0.03 | 0.06 |
| 201594 | 39 | 40 | 1 | 0.03 | 0.06 |
| 201595 | 40 | 41 | 1 | 0.06 | 0.13 |
| 201596 | 41 | 42 | 1 | 0.02 | 0.04 |
| 201597 | 42 | 43 | 1 | 0.02 | 0.04 |
| 201598 | 43 | 44 | 1 | 0.03 | 0.06 |
| 201599 | 44 | 45 | 1 | 0.19 | 0.41 |
| 201601 | 45 | 46 | 1 | 0.10 | 0.22 |
| and including | 44 | 46 | 2 | 0.15 | 0.31 |
| Total Width/
Average | 7 | 46 | 39 | 0.17 | 0.37 |
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.