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First Lithium Minerals Announces Drill Targets and Upcoming Exploration Program
Toronto, Ontario--(Newsfile Corp. - May 24, 2023) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: PGPXF) (FSE: X28) ("First Lithium Minerals" or the "Compa
About this update from First Lithium Minerals Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - May 24, 2023) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: PGPXF) (FSE: X28) (\"First Lithium Minerals\" or the \"Company\") is pleased to announce priority drill targets and commencement of the next phase of its exploration program at its 100% owned OCA project (\"OCA Project\") in the Antofagasta Region of northern Chile. Following completion of a priority drill targets assessment the Company is planning to proceed to its inaugural brine resource exploration program in the northeastern property areas at the salar de Ascotan (approx. 1,775 ha), which display promising geophysical characteristics based on the Transient Electromagnetic (\"TEM\") and Magneto-Telluric (MT) geophysical surveys conducted in Q4/22 and Q1/23. The initial exploration program will consider up to five boreholes to depths of up to 500 meters. Depending on lithology and hydrogeological conditions encountered, it is envisaged that the holes will be drilled with a combination of PQ and HQ core sizes using plastic liners to facilitate core recovery for geological assessment and drainable porosity analysis. Brine sampling is planned at 12m intervals using bailer, packer, or other suitable methodology depending on lithology and hydrogeological conditions. Figure 1. OCA lithium project. Salar de Ascotan northeastern exploration concessions prospect area. Planned exploration drill targets sectors. Rob Saltsman, CEO and Director of First Lithium Minerals commented: \"We are very pleased to have completed the assessment work for priority drill targets which we believe show the hallmarks of hydrogeological conditions typical of brine deposits in northern Chile. The drilling contractor has been contacted with the objective to commence a drilling program in the second half of the year. We also welcome the Chilean government's recent announcements to develop a plan for the development of lithium projects in a partnership format, where environmental sustainability and social licencing play key roles. We believe our project fits the criteria and have engaged with related parties to explore opportunities of forming a potential partnership that can expedite the development of our project.\" The Company is expecting to commence a drilling program in H2/23, conditional upon obtaining required government permits, licences,...