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First Energy Metals Drills 1.35 Percent Lithium Oxide over 7 Meters in Drill Hole Lc-21-21 at Augustus Lithium Property
VANCOUVER, BC, Nov. 17, 2021 /CNW/ - First Energy Metals Ltd. (CSE: FE) ("First Energy" or the "Company) is pleased to announce results of drill hole LC21-21 at
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[{"type":"text","content":" VANCOUVER, BC, Nov. 17, 2021 /CNW/ - First Energy Metals Ltd. (CSE: FE) (\"First Energy\" or the \"Company) is pleased to announce results of drill hole LC21-21 at its Augustus Lithium Property in Quebec, Canada. The drill hole intersected a 7-meter-wide zone with 1.35 percent (%) lithium oxide (Li2O) at 102 metres (m) drilled depth. There is a second 5-meter wide intersection with 0.40% Li2O at 112 m drilled depth. Drill hole LC21-21 was drilled at location: 287002E, 5367876.13N (NAD 1983 UTM Zone 18N), Azimuth 24.75 degrees, Dip -65 degrees with a total drilled depth of 138 m. All intersections reported are based on drilled width and have not been converted to the true width. Highlights (see Table 1 for details) Within the top 7 m mineralized intersection (102 to 109 m drilled depth), average lithium (Li) values are 6,261 parts per million (ppm) Li (1.35% Li2O). There are anomalous values of other rare metals including beryllium (Be) 223.14 ppm, cesium (Cs) 73.53 ppm, niobium (Nb) 64.63 ppm, rubidium 1,397 ppm, and tantalum (Ta) 114.40 ppm. In the lower 5-meter mineralized intersection (112-117 m drilled depth), average lithium values are1,861 ppm Li (0.4% Li2O). There are anomalous values of other rare metals including beryllium (Be) 165.40 ppm, cesium (Cs) 61.46 ppm, niobium (Nb) 64.60 ppm, rubidium 1,324.40 ppm, and tantalum (Ta) 139.60 ppm. 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). as summarized below. ACTLABS is an independent commercial, accredited ISO Certified Laboratory. 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. In addition, the Company is pleased to announce a non-brokered private placement financing of up to $2,000,000 from the sale of up ...