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Foremost Lithium to Complete LiDAR Survey on its Peg North Property in Snow Lake, Manitoba
VANCOUVER, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Forem
About this update from Foremost Clean Energy Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced that EarthEx Geophysical Solutions Inc. will commence LiDAR surveying at the Company’s Peg North property the week of October 9, 2023. The upcoming LiDAR survey on the Peg North claim block will complete the collection of LiDAR and high-resolution magnetics over the entirety of Foremost’s “Lithium Lane” properties in the Snow Lake area, including its Jean Lake, Grass River, Zoro and Peg North properties. Foremost has flown a total of 7,472.7-line km of drone-borne magnetics, using the exMAG system over its entire 43,000+ acres/17,500 ha land package. The drone magnetometer surveys were flown with a flightline azimuth of 070º and flight-line spacing of 25m. Tie lines were established at 250m spacing. Figure 1. Drone Carrying a Magnetometer “Completing the LiDAR surveying over the entirety of our Lithium Lane properties is an important development for our exploration program,” said Jason Barnard, President and Chief Executive Officer of Foremost Lithium. “Utilizing aerial drone surveys to better understand the structural details both above and below surface enables us to prioritize the best targets for future drilling. This approach is effective on our large, 43,000-acre district-scale Lithium Lane properties. We look forward to sharing the results from the final LiDAR survey on Peg North once it is completed.” Unmanned Arial Vehicles (“UAV”) and The exMAG System UAV magnetic data lends itself very well to finding new prospective drill targets. The UAV system's resolution has provided excellent litho-structural detail over all Foremost's Lithium Lane properties and has generated detailed 3D models of the magnetic sources on the properties. Magnetic surveys can provide valuable exploration information such as depth to source, dip of the body as well as the overall shape and morphology of the lithological unit. The exMAG system is a geophysical system which generates industry-leading magnetic maps and 3D models by employing advanced drone navigation technology to fly lower and more precise missions than other drone-borne systems, and advanced processing methodology to generate...