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To: LoneClone who wrote (173670)9/11/2023 2:35:18 PM
From: LoneClone  Read Replies (1) | Respond to of 192593
 
FE BATTERY METALS INTERSECTS MULTIPLE LITHIUM PEGMATITE ZONES IN MOST RECENT DRILLING AT THE AUGUSTUS LITHIUM PROPERTY

newswire.ca

First Energy Metals Limited 11 Sep, 2023, 09:00 ET

VANCOUVER, BC, Sept. 11, 2023 /CNW/ - FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89) ("FE Battery Metals" or the "Company) is pleased to announce results of Drill Hole LC23-63 from the current 2023 drill program at its flagship Augustus Lithium Property in Quebec, Canada.

Drill hole LC23-63 was drilled at the main Augustus zone. In total, the drill hole intersected six separate lithium bearing zones, which, in total, have a composite length of 38.48 meters (see Highlights for individual zones).

New sampling of the host, or 'wallrock' in contact with the pegmatite bodies was found to contain lithium mineralization and that there is an observed correlation with higher lithium (Li), cesium (Cs), and rubidium (Rb) values to higher nickel and chromium values in these rocks.

Understanding the degree of the host rock mineralization could provide a useful guide for further exploration and resource building work at the project. If the host rock has been mineralizaed, likely by hydrothermal fluids, it may lead to a significant increase in potential lithium resource at the project. These lithium exomorphic halos are documented to extend from 2-5 m or more in the country rock in other lithium-pegmatite occurrences.


Highlights (See Table 1 for details)
  • Lithium pegmatite #1 intersected intersected a 3.88 meter zone with 0.37% Li2O at 115.49 m drilled depth. In addition, there are anomalous values of other rare metals such as beryllium (Be) in the range of 35 to 370 parts per million (ppm), cesium (Cs) 11.4 to 2070 ppm, niobium (Nb) 30 to 81.2 ppm, and tantalum (Ta) 24.7 to 113 ppm.
  • Lithium pegmatite #2 intersected intersected a 8 meter wide zone with 1.0% Li2O at 179.7 m drilled depth, including a 4 m section of 1.61% Li2O at 181.5 m. In addition, there are anomalous values of other rare metals such as Be in the range of 10 to 444 ppm, Cs 15.1 to 489 ppm, Nb 7.4 to 105.5 ppm, and Ta 3.4 to 96.1 ppm.
  • Lithium pegmatite #3 intersected a 2.8 meter zone with 0.3% Li2O at 199 m drilled depth. In addition, there are anomalous values of other rare metals such as Be in the range of less than (<) 3 to 180 ppm, Cs 4.9 to 298 ppm, Nb 5.9 to 93.1 ppm, and Ta 1.8 to 128 ppm.
  • Lithium pegmatite #4 intersected intersected a 5.4 meter zone with 0.75% Li2O at 214 m drilled depth including a one meter section of 2.21% Li2O at 216 m. In addition, there are anomalous values of other rare metals such as Be in the range of 9 to 314 ppm, Cs 36.7 to 185 ppm, Nb 6.3 to 73.4 ppm, and Ta 1 to 86.1 ppm.
  • Lithium pegmatite #5 intersected intersected a 8 meter zone with 0.69% Li2O at 226.6 m drilled depth, including a 3.1 m section with 1.23% Li2O at 229.4 m. In addition, there are anomalous values of other rare metals such as Be in the range of <3 to 451 ppm, Cs 36.7 to 185 ppm, Nb 6.3 to 73.4 ppm, and Ta 1 to 86.1 ppm.
  • Lithium pegmatite #6 intersected intersected a 10.4 meter zone with 0.69% Li2O at 271.6 m drilled depth, including a one meter section of 1.32% Li2O at 274.6 m, and a 4 m section of 1.09% Li2O at 276.6 m. In addition, there are anomalous values of other rare metals such as Be in the range of <3 to 451 ppm, Cs 36.7 to 185 ppm, Nb 6.3 to 73.4 ppm, and Ta 1 to 86.1 ppm.


  • Drill hole LC23-63 was drilled at location 5367789.854N, 287162.594E, UTM NAD 1983 Zone 18N, at azimuth 52.6 degrees and dip -47.12 with a drilled depth of 308.35 m. The drill hole was placed at the main Augustus zone. All reported widths are drilled widths and have not been converted into true width.

    Mr. Gurminder Sangha, CEO of FE Battery Metals stated that, "The Augustus main zone has returned solid results at every stage of exploration. Along with the mineralized swarm of pegmatites, we are excited about the discovery of high lithium, cesium and rubidium values in the wallrock hosting the pegmatites. This factor can change our exploration strategy and will need more assays. If successful this will add to the potential resource footprint."

    The drill core is logged and sampled at the core shack using a rock saw. A core shack is built at the village of St-Dominique du Rosaire located about 50km from the Property for drill core logging, sample preparation and storage. For quality control and quality assurance (QA/QC), field duplicates, standards and blanks are being 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 laboratory code Ultratrace 7 and sodium peroxide fusion (Na2O2) for lithium and 1E-Ag - Ag Aqua Regia - ICP-OES package for silver. 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.

    ON BEHALF OF THE BOARD OF
    FE BATTERY METALS CORP.

    "Gurminder Sangha"
    Gurminder Sangha
    CEO & Director

    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.


    Forward-looking Information
    Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about the Company's information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.

    The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's ability to obtain required approvals. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

    Table 1: Drill Hole LC23-63 Highlights




    Analyte Symbol

    Depth

    Depth

    Total
    Width

    Li

    Li2O

    Be

    Cr

    Cs

    Fe

    Nb

    Nd

    Ni

    Rb

    Ta

    Unit Symbol

    From

    To


    ppm


    ppm

    ppm

    ppm

    %

    ppm

    ppm

    ppm

    ppm

    ppm

    Detection Limit

    m

    m

    m

    15


    3

    30

    0.1

    0.05

    2.4

    0.4

    10

    0

    0.2

    Analysis Method




    FUS-Na2O2

    Lithium Pegmatite # 1

    1158489

    115.49

    116.55

    1.06

    3,160

    0.68

    60

    1880

    2070

    5.39

    30.6

    1.4

    730

    4,620

    24.7

    1158491

    116.55

    117.5

    0.95

    28

    0.01

    345

    < 30

    13.4

    0.27

    81.2

    < 0.4

    < 10

    8

    126

    1158492

    117.5

    118.37

    0.87

    26

    0.01

    370

    30

    11.4

    0.31

    70.6

    0.5

    < 10

    7

    113

    1158493

    118.37

    119.37

    1

    3,250

    0.70

    35

    1590

    1590

    4.74

    30

    0.6

    850

    4,440

    28.1

    Total width /
    average

    115.49

    119.37

    3.88

    1,714

    0.37










    Lithium Pegmatite #2

    1158494

    179.7

    180.63

    0.93

    610

    0.13

    10

    1990

    489

    6.74

    7.4

    1.8

    1,340

    1,040

    3.4

    1158495

    180.63

    181.5

    0.87

    3,140

    0.68

    196

    70

    56.3

    0.6

    78

    1.2

    < 10

    848

    75.2

    1158496

    181.5

    182.5

    1

    12,000

    2.58

    185

    50

    56.9

    0.67

    67.8

    1

    < 10

    1,460

    66.1

    1158497

    182.5

    183.5

    1

    7,140

    1.54

    146

    40

    57.1

    0.4

    74.6

    0.6

    < 10

    2,080

    58.1

    1158498

    183.5

    184.5

    1

    3,950

    0.85

    138

    50

    15.4

    0.42

    105.5

    1.7

    < 10

    265

    61.1

    1158499

    184.5

    185.5

    1

    6,880

    1.48

    163

    30

    15.1

    0.47

    90.3

    1.1

    < 10

    219

    70.3

    Including

    181.5

    185.5

    4


    1.61










    1158501

    185.5

    186

    0.5

    4,230

    0.91

    444

    < 30

    31.6

    0.47

    92.1

    2

    < 10

    343

    94.5

    1158502

    186

    186.7

    0.7

    1,300

    0.28

    180

    30

    26

    0.48

    80.4

    1.5

    20

    322

    96.1

    1158503

    186.7

    187.7

    1

    830

    0.18

    29

    1810

    478

    6.5

    7.9

    0.8

    1,190

    1,130

    5.2

    Total width /
    average

    179.7

    187.7



    8

    4,641

    1.00










    Lithium Pegmatite #3

    1158504

    199

    199.88

    0.88

    1,110

    0.24

    119

    1330

    298

    6.33

    22.5

    3.4

    800

    835

    19.7

    1158505

    199.88

    200.4

    0.52

    1,290

    0.28

    98

    40

    20.9

    0.42

    71.3

    1.1

    20

    95

    97.7

    1158506

    200.4

    201.1

    0.7

    3,230

    0.69

    180

    30

    12.9

    0.37

    93.1

    1.2

    < 10

    25

    128

    1158507

    201.1

    201.8

    0.7

    200

    0.04

    < 3

    210

    4.9

    8.34

    5.9

    11.7

    130

    44

    1.8

    Total width /
    average

    199

    201.8

    2.8

    1,446

    0.31










    Lithium Pegmatite #4

    1158508

    214

    215

    1

    618

    0.13

    6

    120

    36.7

    5.53

    6.3

    12.8

    100

    150

    1

    1158509

    215

    216

    1

    3,710

    0.80

    193

    60

    44.2

    1.41

    55.9

    3.3

    20

    494

    68

    1158511 (Including)

    216

    217

    1

    10,300

    2.21

    314

    40

    37.1

    0.51

    79

    0.8

    < 10

    293

    86.1

    1158512

    217

    218

    1

    2,500

    0.54

    181

    60

    146

    1.72

    54.4

    3.4

    20

    995

    76.3

    1158513

    218

    218.6

    0.6

    1,270

    0.27

    143

    90

    185

    2.17

    73.4

    6.6

    30

    1,180

    81.5

    1158514

    218.6

    219.4

    0.8

    1,060

    0.23

    9

    130

    36.7

    5.28

    12.2

    21.6

    90

    175

    6.2

    Total width /
    average

    214

    219.4

    5.4

    3,470

    0.75










    Lithium Pegmatite #5

    1158515

    226.6

    227.4

    0.8

    2,990

    0.64

    < 3

    170

    155

    5.38

    11.7

    41.6

    120

    582

    1

    1158516

    227.4

    228.4

    1

    2,380

    0.51

    451

    40

    34.3

    0.5

    80

    1.3

    < 10

    313

    61.9

    1158517

    228.4

    229.4

    1

    1,420

    0.31

    295

    40

    24.2

    0.44

    78.9

    1.1

    < 10

    189

    57.6

    1158518

    229.4

    230.4

    1

    6,640

    1.43

    230

    50

    35.8

    0.5

    72.8

    1.1

    < 10

    431

    58.3

    1158519

    230.4

    231.4

    1

    5,920

    1.27

    182

    40

    34.1

    0.52

    80.9

    1.9

    < 10

    679

    59.2

    1158521

    231.4

    232.5

    1.1

    4,540

    0.98

    255

    40

    33.9

    0.49

    69.8

    1

    < 10

    553

    51.2

    Including

    229.4

    232.5

    3.1


    1.23










    1158522

    232.5

    233.6

    1.1

    383

    0.08

    269

    40

    19.1

    0.45

    79.7

    1.8

    < 10

    276

    70.5

    1158523

    233.6

    234.6

    1

    1,660

    0.36

    13

    180

    157

    5.59

    18.6

    45.1

    120

    948

    3.9


    226.6

    234.6

    8

    3,228

    0.69










    Lithium Pegmatite #6

    1158524

    271.6

    272.6

    1

    1,680

    0.36

    < 3

    130

    49.4

    5.32

    6.2

    13

    90

    204

    1

    1158525

    272.6

    273.6

    1

    1,160

    0.25

    82

    30

    48

    0.55

    70.9

    0.9

    < 10

    1,550

    68.4

    1158526

    273.6

    274.6

    1

    1,120

    0.24

    245

    40

    84.1

    0.67

    103.9

    2.5

    < 10

    3,000

    42.4

    1158527 (Including)

    274.6

    275.6

    1

    6,130

    1.32

    258

    50

    47.1

    0.58

    107.2

    1.3

    < 10

    1,020

    63.3

    1158528

    275.6

    276.6

    1

    1,100

    0.24

    155

    30

    66.9

    0.64

    109.7

    1.4

    < 10

    2,370

    63.6

    1158529

    276.6

    277.6

    1

    5,120

    1.10

    266

    30

    75.4

    0.76

    100.6

    1.1

    < 10

    2,380

    81.1

    1158531

    277.6

    278.6

    1

    4,310

    0.93

    183

    40

    85.2

    0.47

    58.9

    1.3

    < 10

    2,570

    44.5

    1158532

    278.6

    279.6

    1

    5,280

    1.14

    132

    40

    124

    0.4

    38.3

    0.5

    < 10

    3,490

    43.1

    1158533

    279.6

    280.6

    1

    5,590

    1.20

    209

    40

    53.4

    0.49

    84.2

    1.8

    < 10

    1,260

    87.3

    1158534

    280.6

    281.06

    0.46

    356

    0.08

    437

    40

    32.8

    0.35

    99.9

    1.4

    < 10

    204

    77.4

    1158535

    281.06

    282

    0.94

    1,810

    0.39

    7

    110

    54.9

    4.26

    6.9

    12.3

    80

    331

    1

    Total width /
    average

    271.6

    282

    10.4

    3,207

    0.69













    SOURCE First Energy Metals Limited

    For further information: please contact the Company at: gsangha@febatterymetals.com or (604) 375-6005