First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has entered into an agreement to acquire a lithium exploration property located in Ontario, Canada. The 960-hectare property, called Falcon Lake Lithium, is comprised of some 48 mining claims and is in the Thunder Bay Mining District. According to the announcement, the property features three spodumene-bearing lithium pegmatite occurrences. Those occurrences haven’t been explored for more than 50 years, with the first reported work on the property conducted in 1956 by British Canadian Lithium Mines Ltd. A geological mapping was carried out about a decade ago, along with litho-geochemical sampling, trenching, channel sampling and diamond drilling. A report showed four returned analyses greater than 10,000 ppm Li (2.26% to 2.82% Li 2 O), along with associated anomalous beryllium, cesium, gallium, niobium, rubidium and tantalum results. Six of the remaining 26 samples showed anomalous lithium results greater than 1,000 ppm. In addition, the channel sampling program indicated economic lithium tenor along the entire length of the Falcon Lake West occurrence, which was approximately 75 meters long.
To view the full press release, visit https://ibn.fm/ePgy4
About First Energy Metals Limited
First Energy Metals is a Canadian mineral exploration company with a primary focus of acquiring a multicommodity mineral property portfolio. The company’s goal is to identify, acquire and explore North American mineral prospects in the technology metals, precious metal and base metal sector. Its strategy is to acquire and advance projects through prospecting and early-stage exploration; source joint venture partners to finance future exploration and project development; and create shareholder value through exploration success. First Energy will continue to add to its multicommodity portfolio through organic acquisitions of new projects and opportunities with the intention of adding value and projects over time. For more information about the company, please visit www.FirstEnergyMetals.com.
NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at https://ibn.fm/FEMFF
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.investorwire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.