First Energy drills 1.03% Li2O over 5 metres at Augustus, Quebec

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First Energy Metals Ltd. [FE-CSE; FEMFF-OTCQB; A2JC89-WKN] reported results of phase 2 exploration program drill holes LC21-33 to -37 from its 100%-optioned Augustus lithium property in Quebec, Canada.

The drill hole LC21-35 intersected a 11.20-metre-wide zone with 0.91% lithium oxide (Li2O) at 146 metres, including a 5-metre zone with 1.03% Li2O at 146 metres and 3.2 metres with 1% Li2O at 154 metres. This drill hole also has a lower 7-metre-wide zone with 0.54% Li2O at 165 metres drilled depth and several other smaller intercepts with variable lithium grades.

Drill hole LC 21-33 intersected two zones; a 13.20-metre-wide zone with 0.08% Li2O at 2.7 metres, and a 59.2-metre- wide zone with 0.07% Li2O at 34.8 metres drilled depth.

Drill hole LC 21-34 intersected two zones; a 11.73-metre-wide zone with 0.09% Li2O at 1.7 metres, and a 75.3-metre- wide zone with 0.08% Li2O at 67.63 metres drilled depth including a one-metre section of 1.49% Li2O at 81 metres.

The drill hole LC21-35 intersected a 11.20-metre-wide zone with 0.91% Li2O at 146 metres, including a 5-metre zone with 1.03% Li2O at 146 metres and 3.2 metres with 1% Li2O at 154 metres. There is another 7-metre-wide zone with 0.54% Li2O at 165 metres drilled depth, including 2.06% Li2O over 1 metre at 169 metre. This drill hole also intercepted several smaller intercepts with variable grades.

Drill hole LC 21-36 intersected two weakly anomalous zones; a 9.8-metre-wide zone with 0.05% Li2O at 171 metres and a 7.5-metre-wide zone with 0.04% Li2O at 198 metres drilled depth.

Drill hole LC 21-37 intersected multiple weakly anomalous zones with widths in the range of 3 to 10 metres and 0.06-0.09% Li2O. This is the only drill hole completed at the Valor prospect.

All intercepts reported are based on drilled widths and have not been converted to the true width. The results of remaining drill holes from Phase 2 drill program are pending.

To date a total of 41 drill holes with a cumulative core drilling of over 7,500 metres has been completed on the property.


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