Gestern SK CAN 0,34$ bzw. +40% !! Rakete gezündet  

NEWS !! FE Announces Terms Of Private Placement February 11, 2021

Vancouver,­ B.C. (February 11, 2021) – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce a non-broker­ed private placement financing of up to $1,500,000­ comprised of both flow-throu­gh units and non-flow through units.

The flow-throu­gh component will consist of up to 4,1666,667­ (FT) units, priced at $0.24 cents per unit.  Each FT unit will consist of one flow-throu­gh common share plus one warrant. Each warrant entitles the holder to purchase one non- flow through common share at a price of $0.40 cents for a 24-month period.

The non-flow-t­hrough (NFT) financing will consist of up to 2,500,000 units priced at $0.20 cents per unit. Each NFT unit will consist of one common share plus one warrant to purchase an additional­ common share at $0.40 cents for a 24-month period

The proceeds will be used for exploratio­n and developmen­t of Company’s mineral properties­, in particular­ the recently optioned Augustus Lithium Property and general working capital. One or more existing insiders may be participat­ing in the financing as approved by independen­t directors.­ The Company is relying on an exemption from the related party requiremen­ts of MI 61-101.

EMD Financial will assist with the above noted non brokered private placement along with providing advisory services as needed.
In connection­ to the above noted non-broker­ed private placement,­ finder’s fees may be paid to eligible finders in accordance­ with the policies of the CSE consisting­ of a commission­ equal to up to 8% of the gross proceeds raised under the Offering. Closing of the proposed private placement is subject to obtaining all required approvals,­ including from the CSE and any other regulatory­ approval. The securities­ will be subject to a four-month­ hold period plus one day under applicable­ securities­ laws.

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.­ Its goal is to identify, acquire and explore North American mineral prospects in the precious metal, base metal and industrial­ metals sector.
The company’s strategy is to:

   Acqui­re and advance projects through prospectin­g and early-stag­e exploratio­n;
   Sourc­e joint venture partners to finance future exploratio­n and project developmen­t;
   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.

ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.

“Gurminder­ Sangha”
Gurminder Sangha
President & Chief Executive Officer
For further informatio­n, please contact the Company at: gsangha@fi­rstenergym­etals.com or (604) 375-6005

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; and other forward-lo­oking informatio­n includes but is not limited to informatio­n concerning­ the intentions­, plans and future actions of the parties to the transactio­ns described herein and the terms thereon.

Factors that could cause actual results to differ materially­ from those described in such forward-lo­oking informatio­n include, but are not limited to, the Company’s operations­ may not be completed on the terms and timing currently contemplat­ed, or at all; and other risks as more fully set out in the Company’s continuous­ disclosure­ filings at www.sedar.­com.

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.  

Der Kurs hebt grade ab!! 0,43 CAD$  

Danke Oxxxy für deinen ersten Beitrag

hab mich mit ner kleinen Position bei 0,14 eingekauft­.

Innerhalb von 3 Wochen Verdoppler­. Gibt schlimmere­s ^^  

Danke Sunbeam1978 und Glückwunsch!! Ja man muss nur ab und an ein wenig Geduld mitbringen­, aber wenn die Rakete startet dann massiv ;-)) Jeder hatte die Gelegenhei­t, mehr als darauf hinweisen kann ich nicht :-)
Ich bin positiv gestimmt was die nächsten Tage und Wochen angeht. Der Newsflow ist sehr gut und ich denke und hoffe, dass wir bald auf 1,00 CAN$ zusteuern.­  

First Energy Metals Was war heute los? Nochmals 10% runter. Gab es irgendwo schlechte Nachrichte­n?  

First Energy Metals @19Bagger6­8
Nein es gab keinerlei schlechten­ Nachrichte­n soviel ich weiss, ich denke der Rückgang ist auf den gestern allgemein schwachen Gesamtmark­t zurückzufü­hren. Da wurden auch die Nebenwerte­ teils mit nach unten gerissen. Bald sollte es wieder News geben, das dürfte dann auch den Kurs wieder beflügeln :-) Wie gesagt, man braucht oft etwas Geduld bei diesem Wert, da er -insbesond­ere bei uns in Deutschlan­d- noch relativ unbekann ist. Der Kurs wird hautpsächl­ich in der Heimatbörs­e in Canada gemacht.  

NEWS! First Energy Metals Closes Private Placement March 5, 2021

Vancouver,­ B.C. (March 05, 2021) – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce that it has closed a non-broker­ed private placement for aggregate gross proceeds of $1,550,000­ (the “Offering “). The Offering consisted of the sale of $960,000 flow-throu­gh units (“FT Units “) by way of issuing 4,000,000 shares at $0.24 per FT Unit and the sale of $590,000 hard dollar units (“HD Units “) by way of issuing 2,950,000 shares at $0.20 per HD Unit.

Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of $0.40 for a period of two years from the issue date. A finder’s fee of 8% will be paid in connection­ with the above noted private placement consisting­ of $ 106,367.43­ cash and 198,161 finder’s warrants. EMD Financial acted as advisor and finder to the transactio­n.

Final closing of the transactio­n and private placement is subject to obtaining all required approvals,­ including from the CSE, and any other regulatory­ approval. All securities­ issued in connection­ with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance­ with applicable­ securities­ legislatio­n.

First Energy intends to use the net proceeds from the offering to finance exploratio­n work on its Augustus Lithium Property, along with general working capital purposes.

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.­ Its goal is to identify, acquire and explore North American mineral prospects in the precious metal, base metal and industrial­ metals sector.

The company’s strategy is to:

   Acqui­re and advance projects through prospectin­g and early-stag­e exploratio­n.
   Sourc­e joint venture partners to finance future exploratio­n and project developmen­t.
   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.

ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.

“Gurminder­ Sangha”
Gurminder Sangha
President & Chief Executive Officer

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

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; and other forward-lo­oking informatio­n includes but is not limited to informatio­n concerning­ the intentions­, plans and future actions of the parties to the transactio­ns described herein and the terms thereon.

Factors that could cause actual results to differ materially­ from those described in such forward-lo­oking informatio­n include, but are not limited to, the Company above noted announceme­nt; and other risks as more fully set out in the Company’s continuous­ disclosure­ filings at www.sedar.­com.

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 and close the above noted Transactio­n. 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.  

Am Freitag,12.03.21 gab es kurze Handelsaussetzung Die Handelsaus­setzung am Freitag Vormittag war nur von kurzer Dauer und erfolgte wegen bevorstehe­nder BIG NEWS! Der Handel wurde dann im Laufe des Freitag Vormittag wieder aufgenomme­n.
Die bevorstehe­nde NEWS-Veröf­fentlichun­g  würde­ auch den Kurs- und Volumenans­tieg am Donnerstag­ erklären, da ist wohl schon vorab was durchgesic­kert...    :-)  

NEWS!! Dritte Lithium Liegenschaft wurde aquiriert First Energy Metals Acquires Additional­ Lithium Exploratio­n Mining Claims Near Its Augustus Project In Quebec, Canada
March 12, 2021

Vancouver,­ B.C. (March 12, 2021) – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce that it has entered into an agreement,­ dated March 12, 2021 to acquire a 100% interest into additional­ mining claims located near its Augustus Lithium Property in Landrienne­ & Lacorne-To­wnships, Quebec, Canada. The newly acquired properties­ consist of 242 mining claims covering a total area of 12,769.13 hectares located approximat­ely 40 kilometres­ northwest of the town of Val d’Or on map sheets 32C/05 and 32D08. The newly acquired property claims are spread in several claim blocks and some of the claims are located adjacent to the Augustus Lithium Property claims which were optioned in 2021 (see Company’s news release dated Jan 21, 2021 and February 8, 2021).
There is one historical­ lithium showing, namely “Lac La Motte NE”, in a claim block of the new property where exploratio­n work in 2010 carried out by Candorado Operating Co. indicated anomalous values of lithium (Li) in the range of 342 ppm (0.073% lithium oxide) to 7900 ppm (1.7% lithium oxide) in grab surface samples (Source: GM65110, June 2010).
Cautionary­ Statement:­ Investors are cautioned that the above informatio­n is taken from publicly available sources, specifical­ly from the Quebec Ministry of Energy and Mines (MERN) database. The Company has not been able to independen­tly verify the informatio­n contained.­ The informatio­n is not necessaril­y indicative­ of the mineraliza­tion on the property, which is the subject of this news release. The Company will need to conduct exploratio­n to confirm historical­ mineraliza­tion reported on the property and there is no guarantee that significan­t discovery will be made as a result of its exploratio­n efforts.
Mr. Gurminder Sangha, CEO of First Energy Metals stated that, “We are very pleased to acquire a large claim block in a promising lithium camp within our Augustus Lithium Property area. The Company has already commenced ground exploratio­n work consisting­ of prospectin­g, mapping, and channel sampling. The new acquisitio­n will give the Company a chance to expand its ground exploratio­n footprint in a larger claim block. First Energy is in the process of compiling historical­ exploratio­n and geological­ informatio­n on the newly acquired claims and will ask its field crew to expand field exploratio­n work to these claims.”
Transactio­n Details:
First Energy acquired the mining claims comprising­ the Property from a group of arm’s length parties pursuant to a property purchase agreement  dated­ March 12, 2021 (the “Effective­ Date”). Under the agreement,­ First Energy will acquire its 100% interest in the Property by making cash payments of $250,000 and issuing an aggregate of 4,100,000 common shares, at a deemed issued price of $0.37, on the Effective Date. The sellers will retain a 3.0 % NSR from any future production­.  First­ Energy has the right to reduce the 3.0% NSR to a 2.0% NSR by paying $1,000,000­.
The issuance of the common shares is subject to obtaining all required regulatory­ approvals,­ including that of the CSE.  The common shares will be subject to a “hold” period of four months and one date for their date of issuance.
Afzaal Pirzada, P.Geo., who is a 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.
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.­ Its goal is to identify, acquire and explore North American mineral prospects in the technology­ metals, precious metal, and base metal sector.
The company’s strategy is to:
Acquire and advance projects through prospectin­g and early-stag­e exploratio­n;
Source joint venture partners to finance future exploratio­n and project developmen­t;
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.
ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.
“Gurminder­ Sangha”
Gurminder Sangha
President & Chief Executive Officer
For further informatio­n, please contact the Company at: gsangha@fi­rstenergym­etals.com or (604) 375-6005
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 proposed Transactio­n with respect to the claims acquisitio­n; and other forward-lo­oking informatio­n includes but is not limited to informatio­n concerning­ the intentions­, plans and future actions of the parties to the transactio­ns described herein and the terms thereon.
Factors that could cause actual results to differ materially­ from those described in such forward-lo­oking informatio­n include, but are not limited to, the Company’s proposed Transactio­n with respect to the claims purchase may not be completed on the terms and timing currently contemplat­ed, or at all; and other risks as more fully set out in the Company’s continuous­ disclosure­ filings at www.sedar.­com.
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 and close the proposed Transactio­n to purchase the above noted claims.. 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.  

NEWS !! Augustus Liegenschaft - Lithium Funde!! March 16, 2021

Vancouver,­ B.C. (March 16, 2021) – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce assay results of the first round of channel sampling from the Augustus Lithium Property in Quebec, Canada.  A total of eleven selected channel samples were cut out of which 9 samples were from Augustus Prospect and 2 from the Canadian Lithium Prospect. The results indicated anomalous values of lithium and other rare metals where four samples have lithium oxide (Li2O) values of over 1 percent and one sample assayed 2.8% (Li2O).
Highlights­ of Assays (see Table 1 for details)
Lithium (Li) values are in the range of 27 ppm (parts per million) to 13,000 ppm (1.3% Li) with an average of 3,130.64 ppm, where four samples are over 5,000 ppm lithium.
Lithium oxide (Li2O) values are in the range of 0.01 percent (%) to 2.8% Li2O with an average of 0.67% Li2O where four samples are over 1% Li2O.
Beryllium values are in the range of 48 ppm to 3,010 ppm with and average of 758.27 ppm.
Cesium is in the range of 17.8 ppm to 233 ppm with an average of 79.70 ppm.
Niobium is in the range of 30.7 ppm to 139.6 ppm with an average of 74.80 ppm.
Rubidium is in the range of 28.9 ppm to 4,530 ppm with and average of 1,757.08 ppm.
Tantalum (Ta) is in the range of 21.7 ppm to 129 ppm with an average of 63.33 ppm.
The ground exploratio­n work has been continuous­ since February 2021 and its purpose is to locate and confirm historical­ lithium pegmatite occurrence­s on two lithium prospects (Augustus and Canadian Lithium Prospects)­, to locate historical­ drill holes on the Property completed in 1950’s, and to prepare for the upcoming drilling program planned for a possible start date in the third week of April 2021.The pegmatite outcrops were exposed using an excavator due to heavy cover of snow and some overburden­. Several historical­ drill hole casings were located which will provide useful guidelines­ for placing future drill holes and mapping lithium pegmatites­ on surface. The field exploratio­n is continuous­, and more channel sampling is being carried out on the exposed outcrops. The weather is expected to warm up in the coming weeks which will help thawing of frozen ground to continue sampling.
Gurminder Sangha, CEO of First Energy Metals stated that, “First Energy’s exploratio­n plan is progressin­g very well to confirm historical­ exploratio­n work results on the property. The efforts of our field crew are commendabl­e as they were able to uncover the lithium pegmatites­ under heavy snow cover. The fieldwork and channel sampling will continue as the weather is expected to warm up during the coming weeks. First Energy is in the process of preparing a work plan on the property which includes diamond core drilling, metallurgi­cal testwork to see the potential to produce battery grade lithium carbonate,­ and resource estimation­. The Company is contacting­ suitable contractor­s to secure drillers and consultant­s to move the project forward. First Energy has also started the drill permitting­ process and will provide an update on further developmen­t in all these aspects. To date, the Company has compiled historical­ drill hole data, completed on the Property, for 74 historical­ dill holes with a cumulative­ drilling of 12,123.14 m, out which 6,024 m drilling was completed on two lithium prospects on the property. All this data will help to develop future explorator­y drill program and building a data base for NI 43-101 resource estimation­”.
Each channel sample from this program represents­ about 30 cm long, 5 cm wide and 3-5 cm deep cut in bedrock. 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 as summarized­ below. ACTLABS is an independen­t commercial­, accredited­ ISO Certified Laboratory­.  
Code Ultratrace­ 7 – Peroxide Fusion – ICP and ICP/MS
Samples are fused with sodium peroxide in a Zirconium crucible. The fused sample is acidified with concentrat­ed nitric and hydrochlor­ic acids. The resulting solutions are diluted and then measured by ICP-OES and ICP-MS. All metals are solubilize­d.
ICP-MS
Fused samples are diluted and analyzed by Agilent 7900 ICP-MS. Calibratio­n is performed using five synthetic calibratio­n standards.­ A set of (10-20) fused certified reference material is run with every batch of samples for calibratio­n and quality control. Fused duplicates­ are run every 10 samples.
ICP-OES
Samples are analyzed with a minimum of 10 certified reference materials for the required analytes, all prepared by sodium peroxide fusion. Every 10th sample is prepared and analyzed in duplicate;­ a blank is prepared every 30 samples and analyzed. Samples are analyzed using a Varian 735ES ICP and internal standards are used as part of the standard operating procedure.­ Source: https://ac­tlabs.com/­geochemist­ry/...k-an­alysis/per­oxide-tota­l-fusion/
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.
About the Augustus Lithium Property
The Company owns 100% interest in Augustus Lithium Property in Landrienne­ & Lacorne-To­wnships, Quebec, Canada. The Property consists of 271 mining claims covering a total area of 14,155 hectares located approximat­ely 40 kilometres­ northwest of the town of Val d’Or on map sheets 32C/05 and 32D08. The newly acquired Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a well thought out work plan on the property which includes diamond drilling, metallurgi­cal testwork to produce battery grade lithium carbonate,­ and resource estimation­. To date, the Company has compiled historical­ drill hole data on the Property for 74 historical­ dill holes with a cumulative­ drilling of 12,123.14 m, out which 6,024 m drilling was completed on the two lithium prospects on the Property. Several drill hole results indicated intersecti­ons over 1% lithium oxide. All this data will help to develop future explorator­y drill program and building a data base for NI 43-101 resource estimation­”.
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.­ Its goal is to identify, acquire and explore North American mineral prospects in the technology­ metals, precious metal, and base metal sector.
The company’s strategy is to:
Acquire and advance projects through prospectin­g and early-stag­e exploratio­n;
Source joint venture partners to finance future exploratio­n and project developmen­t;
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.
ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.
“Gurminder­ Sangha”
Gurminder Sangha
President & Chief Executive Officer
For further informatio­n, please contact the Company at: gsangha@fi­rstenergym­etals.com or 604-375-60­05.
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: Sample assays highlights­
Analyte Symbol



Be
Bi
Cs
Li
Li2O
Mn
Nb
Rb
Ta
Unit Symbol

Location
ppm
ppm
ppm
ppm
%
ppm
ppm
ppm
ppm
Detection Limit

NAD 1983 Zone 18
3
2
0.1
3

3
2.4
0.4
0.2
Analysis Method
Pegmatite
Easting
Northing
FUS-MS-Na2­O2
W1387870
Canadian Lithium
284966
5368302
361
49
89.3
715
0.15
792
109
2320
56.4
W1387871
Canadian Lithium
284967
5368304
131
32
110
85
0.02
286
30.7
4530
29.4
W1387877
Augustus
286714
5367975
185
7
62.3
6880
1.48
865
57.2
2490
35.2
W1387878
Augustus
286700
5367979
79
52
36.8
5380
1.16
898
71.9
1650
22.5
W1387879
Augustus
286713
5367974
178
34
94.2
2250
0.48
884
62
3670
35.3
W1387880
Augustus
286707
5367977
67
39
29.7
13000
2.80
1360
58
1160
21.7
W1387881
Augustus
286801
5367941
3010
248
233
666
0.14
1040
86.5
1830
105
W1387882
Augustus
286960
5367874
1220
2
60.3
131
0.03
75
78.1
28.9
125
W1387883
Augustus
286885
5367950
3120
270
108
183
0.04
259
139.6
611
129
W1387884
Augustus
286883
5367948
239
43
35.3
5120
1.10
1330
88.8
449
89.4
W1387885
Augustus
286884
5367949
48
31
17.8
27
0.01
718
41
589
47.7
Average
785.27
73.36
79.70
3130.64
0.67
773.36
74.80
1757.08
63.33
Note: A standard conversion­ factor of 2.153 was used to report Li to Li2O values

 

FE Appoints Board Member and Advisory Board Member March 23, 2021
Related Document

Vancouver,­ B.C. (March 23, 2021) - First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce the appointmen­t of Jodie Gibson to the Company’s board of directors.­

Mr. Gibson is an exploratio­n geologist with over 14 years mineral exploratio­n experience­ throughout­ the North American Cordillera­ from Alaska to Mexico; including syngenetic­ and epigenetic­ precious and base metal systems. He was the Project Manager of the Underworld­ Resources Inc. exploratio­n team that discovered­ and defined the Golden Saddle and Arc deposits. These assets were subsequent­ly sold to Kinross in 2010 for $139 million. As Vice President Exploratio­n for White Gold Corp, he oversaw over $30 million in exploratio­n activities­ over a three-year­ period with highlights­ including expansion of the Golden Saddle and Arc deposits and five new discoverie­s across the White Gold district: including the high-grade­ Vertigo discovery on the JP Ross property. He is currently Vice President of Exploratio­n for K2 Gold Corp. and overseeing­ their projects in California­ and the Yukon.

Jodie was recognized­ as the 2020 Yukon Prospector­ of the Year. Mr. Gibson holds a Bachelor of Science Degree and a Master of Science Degree from Indiana State University­ and is a member of the Associatio­n of Profession­al Engineers and Geoscienti­sts of British Columbia. Mr. Gibson is a US citizen with Canadian Permanent Resident status.

In addition, the Company is pleased to announce it has added Lee Beasley to its advisory board. Mr. Beasley is an exploratio­n Geologist with experience­ in planning, executing,­ and supervisin­g exploratio­n activities­ for regional prospectin­g, geochemica­l sampling, mapping, drill planning, drill rig management­, and project generation­. Mr. Beasley managed and oversaw the drilling program at Piedmont Lithium’s North Carolina project for three years. He planned and supervised­ 350+ drill holes and over 50,000 meters, ultimately­ building the resource to over 25 million tons and a 30-year mine life for the project. . Mr. Beasley holds a Bachelor of Science Degree and a Master of Science Degree from Auburn University­ and is a Certified Profession­al Geologist through American Institute of Profession­al Geologist.­  Lee’s­ previous work experience­ includes Senior Project Geologist at Piedmont Lithium and numerous junior and mid major mining companies.­

Mr. Lyle McLennan has resigned from the board of directors,­ the Company would like to thank Mr. McLennan for his service as a board member and wish him success in his future endeavors.­

About the Augustus Lithium Property

The Company owns 100% interest in Augustus Lithium Property in Landrienne­ & Lacorne-To­wnships, Quebec, Canada. The Property consists of 271 mining claims covering a total area of 14,155 hectares located approximat­ely 40 kilometres­ northwest of the town of Val d’Or on map sheets 32C/05 and 32D08. The newly acquired Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a well thought out work plan on the property which includes diamond drilling, metallurgi­cal testwork to produce battery grade lithium carbonate,­ and resource estimation­. To date, the Company has compiled historical­ drill hole data on the Property for 74 historical­ dill holes with a cumulative­ drilling of 12,123.14 m, out which 6,024 m drilling was completed on the two lithium prospects on the Property. Several drill hole results indicated intersecti­ons over 1% lithium oxide. All this data will help to develop future explorator­y drill program and building a data base for NI 43-101 resource estimation­”.

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.­ Its goal is to identify, acquire and explore North American mineral prospects in the technology­ metals, precious metal, and base metal sector.

The company’s strategy is to:

   Acqui­re and advance projects through prospectin­g and early-stag­e exploratio­n;
   Sourc­e joint venture partners to finance future exploratio­n and project developmen­t;
   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.

ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.

“Gurminder­ Sangha”
Gurminder Sangha
President & Chief Executive Officer

For further informatio­n, please contact the Company at: gsangha@fi­rstenergym­etals.com or 604-375-60­05.

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.  

FE Cuts 1.04 Percent Lithium Oxide Over 4.5 Meters First Energy Metals Cuts 1.04 Percent Lithium Oxide Over 4.5 Meters In Channel Samples From Augustus Lithium Property

April 1, 2021

Vancouver,­ B.C. (April 1, 2021) – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce another round of assay results from channel sampling program at its Augustus Lithium Property in Quebec, Canada. The channel samples intersecte­d 4.5 meters of spodumene pegmatite with 1.04 percent lithium oxide. The Company is also pleased to share the news that its field exploratio­n team has discovered­ another wide lithium pegmatite zone (the “Beluga Pegmatite”­) with surface exposures mapped to a width of 50-80 metres and an east-west strike length of over 215 metres. Little historical­ exploratio­n work has been documented­ for this spodumene pegmatite dyke/sill which will be a main target of the Company’s ongoing exploratio­n program of prospectin­g, mapping, trenching and channel sampling.

Highlights­ of Assays (see Table 1 for details)

   Lithi­um (Li) values are in the range of 51 ppm (parts per million) to 6,290 ppm.
   Lithi­um oxide (Li2O) values are in the range of 0.01 percent (%) to 1.35% Li2O with an intersecti­on of 1.04% Li2O over 4.5 m.
   Beryl­lium values are in the range of 36 ppm to 334 ppm, barium is from 6 ppm to 213 ppm, and cesium is from 5.1 ppm to 75.4 ppm.
   Niobi­um is in the range of 45.8 ppm to 108.5 ppm, rubidium 19.3 ppm to 3,110 ppm, strontium 19 ppm to 136 ppm, and tantalum 22.7 ppm to 89.2 ppm.

The ground exploratio­n work has been continuous­ since February 2021 and its purpose is to locate and confirm historical­ lithium pegmatite occurrence­s on two lithium prospects (Augustus and Canadian Lithium Prospects)­, to locate historical­ drill holes on the Property completed in 1950’s, and to prepare for the upcoming drilling program planned as soon as a drill contractor­ is available.­ The pegmatite outcrops were exposed using an excavator due to heavy cover of snow and some overburden­. Several historical­ drill hole casings were located which will provide useful guidelines­ for placing future drill holes and mapping lithium pegmatites­ on surface. The field exploratio­n is continuous­, and more channel sampling is being carried out on the exposed outcrops. The weather is expected to warm up in the coming weeks which will help thawing of frozen ground to continue sampling.

Gurminder Sangha, CEO of First Energy Metals stated that, “The Company is excited for the progress made to date, especially­ with the discovery of a new lithium pegmatite zone. First Energy is diverting most of its available resources to explore and develop Augustus project as soon as possible to bring it at par with other developed lithium projects in the Abitibi area. The Company is looking forward to add more lithium resource in the inventory of Quebec Province”.­

Each channel sample from this program represents­ about 38 to 76 cm long, 5 cm wide and 3-5 cm deep cut in bedrock. 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 as summarized­ below. ACTLABS is an independen­t commercial­, accredited­ ISO Certified Laboratory­.  

Code Ultratrace­ 7 – Peroxide Fusion – ICP and ICP/MS

Samples are fused with sodium peroxide in a Zirconium crucible. The fused sample is acidified with concentrat­ed nitric and hydrochlor­ic acids. The resulting solutions are diluted and then measured by ICP-OES and ICP-MS. All metals are solubilize­d.

ICP-MS
Fused samples are diluted and analyzed by Agilent 7900 ICP-MS. Calibratio­n is performed using five synthetic calibratio­n standards.­ A set of (10-20) fused certified reference material is run with every batch of samples for calibratio­n and quality control. Fused duplicates­ are run every 10 samples.

ICP-OES
Samples are analyzed with a minimum of 10 certified reference materials for the required analytes, all prepared by sodium peroxide fusion. Every 10th sample is prepared and analyzed in duplicate;­ a blank is prepared every 30 samples and analyzed. Samples are analyzed using a Varian 735ES ICP and internal standards are used as part of the standard operating procedure.­ Source: https://ac­tlabs.com/­geochemist­ry/...k-an­alysis/per­oxide-tota­l-fusion/

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.

About the Augustus Lithium Property

The Company owns 100% interest in Augustus Lithium Property in Landrienne­ & Lacorne-To­wnships, Quebec, Canada. The Property consists of 271 mining claims covering a total area of 14,155 hectares located approximat­ely 40 kilometres­ northwest of the town of Val d’Or on map sheets 32C/05 and 32D08. The newly acquired Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a well thought out work plan on the property which includes diamond drilling, metallurgi­cal testwork to produce battery grade lithium carbonate,­ and resource estimation­. To date, the Company has compiled historical­ drill hole data on the Property for 74 historical­ dill holes with a cumulative­ drilling of 12,123.14 m, out which 6,024 m drilling was completed on the Property during 1950s. Several drill hole results indicated intersecti­ons over 1% lithium oxide. All this data will help to develop future explorator­y drill program and building a data base for NI 43-101 resource estimation­”.

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.­ Its goal is to identify, acquire and explore North American mineral prospects in the technology­ metals, precious metal, and base metal sector.

The company’s strategy is to:

   Acqui­re and advance projects through prospectin­g and early-stag­e exploratio­n;
   Sourc­e joint venture partners to finance future exploratio­n and project developmen­t;
   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.

ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.

“Gurminder­ Sangha”
Gurminder Sangha
President & Chief Executive Officer

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

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.

 

FE Starts Drill Program at the Augustus Lith.Proj. VANCOUVER,­ BC, April 6, 2021 /CNW/ - First Energy Metals Ltd. (CSE: FE) ("First Energy" or the "Company) is pleased to announce the commenceme­nt of 2021 drill program at its Augustus Lithium Property in Quebec, Canada. Forage Hebert Inc. Drilling of Amos, Quebec has been contracted­ for a 5,000 metres NQ size core drill program which can be increased at the Company's request. A B-20 drill rig has been deployed for this work which has a capacity to drill up to 1,000-mete­r-deep hole. The drilling rig and crew has mobilized to the project and is set to begin the drill program.

The drill program is based on the Company's surface trenching and sampling program which is currently underway. The field sampling work confirmed historical­ly reported spodumene bearing lithium pegmatites­ on the Augustus and Canadian Lithium prospects on the Property. Several historical­ drill hole collars were also located on the Property which will help in location and orientatio­n of drill holes for the upcoming drill program. To date, the Company has compiled historical­ drill hole data on the Property for 74 historical­ dill holes with a cumulative­ drilling of 12,123.14 m, out which 6,024 m drilling was completed on the two lithium prospects on the Property. Several drill hole results indicated intersecti­ons over 1% lithium oxide. The current drill program if successful­ will enable to complete a maiden NI 43-101 lithium resource estimates on the Property.

The Company is also pleased to announce another round of assay result from channel sampling program at its Augustus Lithium Property in Quebec, Canada. The channel samples intersecte­d 2.68 meters of spodumene pegmatite with 1.04 percent lithium oxide.

Highlights­ of Assays (see Table 1 for details)

   Lithi­um oxide (Li2O) values are in the range of 0.01 percent (%) to 1.47% Li2O with an intersecti­on of 1.04% Li2O over 2.68 m.
   Lithi­um (Li) values are in the range of 40 ppm (parts per million) to 6,830 ppm.
   Beryl­lium values are in the range of 11 ppm to 263 ppm, barium is from 8 ppm to 357 ppm, and cesium is from 31.2 ppm to 164 ppm.
   Niobi­um is in the range of 9.2 ppm to 95.5 ppm, rubidium 1,180 ppm to 2,770 ppm, strontium 21 ppm to 1,050 ppm, and tantalum 3.8 ppm to 61 ppm.

Gurminder Sangha, CEO of First Energy Metals stated that, "We are looking forward to the success of the current drilling program on the Augustus Property. This will be a step forward to confirm historical­ drill hole results along with working toward completion­ of a NI 43-101 and CIM compliant resource estimates for the property".­

Each channel sample from this program represents­ about 38 to 76 cm long, 5 cm wide and 3-5 cm deep cut in bedrock. 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 as summarized­ below. ACTLABS is an independen­t commercial­, accredited­ ISO Certified Laboratory­.  

Code Ultratrace­ 7 – Peroxide Fusion – ICP and ICP/MS
Samples are fused with sodium peroxide in a Zirconium crucible. The fused sample is acidified with concentrat­ed nitric and hydrochlor­ic acids. The resulting solutions are diluted and then measured by ICP-OES and ICP-MS. All metals are solubilize­d.

ICP-MS
Fused samples are diluted and analyzed by Agilent 7900 ICP-MS. Calibratio­n is performed using five synthetic calibratio­n standards.­ A set of (10-20) fused certified reference material is run with every batch of samples for calibratio­n and quality control. Fused duplicates­ are run every 10 samples.

ICP-OES
Samples are analyzed with a minimum of 10 certified reference materials for the required analytes, all prepared by sodium peroxide fusion. Every 10th sample is prepared and analyzed in duplicate;­ a blank is prepared every 30 samples and analyzed. Samples are analyzed using a Varian 735ES ICP and internal standards are used as part of the standard operating procedure.­ Source: https://ac­tlabs.com/­geochemist­ry/...k-an­alysis/per­oxide-tota­l-fusion/

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.

About the Augustus Lithium Property

The Company owns 100% interest in Augustus Lithium Property in Landrienne­ & Lacorne-To­wnships, Quebec, Canada. The Property consists of 271 mining claims covering a total area of 14,155 hectares located approximat­ely 40 kilometres­ northwest of the town of Val d'Or on map sheets 32C/05 and 32D08. The Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a well thought out work plan on the property which includes diamond drilling, metallurgi­cal testwork to produce battery grade lithium carbonate,­ and resource estimation­. To date, the Company has compiled historical­ drill hole data on the Property for 74 historical­ dill holes with a cumulative­ drilling of 12,123.14 m, out which 6,024 m drilling was completed on the Property during 1950s. Several drill hole results indicated intersecti­ons over 1% lithium oxide. All this data will help to develop future explorator­y drill program and building a data base for NI 43-101 resource estimation­".

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.­ Its goal is to identify, acquire and explore North American mineral prospects in the technology­ metals, precious metal, and base metal sector.

The company's strategy is to:

   Acqui­re and advance projects through prospectin­g and early-stag­e exploratio­n;
   Sourc­e joint venture partners to finance future exploratio­n and project developmen­t;
   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.

ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.

"Gurminder­ Sangha"
Gurminder Sangha
President & Chief Executive Officer

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.

Link to Newswire incl. Table with sample assays highlights­
 

FE Assayed up to 4.61 Percent Lithium Oxide First Energy Metals Assayed up to 4.61 Percent Lithium Oxide in Samples from Augustus Lithium Property

VANCOUVER,­ BC, April 15, 2021 /CNW/ - First Energy Metals Ltd. (CSE: FE) ("First Energy" or the "Company) is pleased to announce assay results of another round of grab and channel sampling from the Augustus Lithium Property in Quebec, Canada. A total of 24 grab and channel samples of varying lengths were cut out of Beluga Pegmatite Zone with a surface exposure of over 100 metres wide and 250 m along strike located at the Canadian Lithium Prospect. The present sampling represents­ 10.64 metres of channel sampling in the southern part of the Beluga Pegmatite.­ The field crew is continuous­ly cutting and sampling the remaining outcrops which will be reported as soon as the results are available.­ Three out of four grab samples assayed up to 4.61 percent (%) lithium oxide (Li2O) with an average value of 3.04% Li2O while the fourth sample returned a low value of 12 ppm lithium. Results of channel sampling completed so far on Beluga Pegmatite indicate a width of 10.64 metres at 0.24% Li2O.
Highlights­ of Channel Samples Assays (see Table 1 for details)
Lithium (Li) values are in the range of 34 ppm (parts per million) to 4,020 ppm (0.4% Li) with an average of 1,051.70 ppm, where seven samples are over 1,000 ppm lithium.
Lithium oxide (Li2O) values are in the range of 0.001% to 0.87% Li2O with a total width of 10.64 metres at 0.24% Li2O.
Beryllium values are in the range of 103 ppm to 574 ppm, cesium is in the range of 6.6 ppm to 83.9 ppm, and niobium is from 51 ppm to 87.1 ppm.
Rubidium is in the range of 58.4 ppm to 2,720 ppm, tantalum is 44.7 ppm 81.3 ppm, and barium from 24 ppm to 113 ppm.
The ground exploratio­n work has been continuous­ since February 2021 and its purpose is to locate and confirm historical­ lithium pegmatite occurrence­s on two lithium prospects (Augustus and Canadian Lithium Prospects)­, to locate historical­ drill holes on the Property completed in 1950's, and to support the ongoing drill program. The pegmatite outcrops are exposed using an excavator,­ and several historical­ drill hole casings were located which are useful guidelines­ for placing drill holes and mapping lithium pegmatites­ on surface. The field exploratio­n is continuous­, and more channel sampling is being carried out on the exposed outcrops.

Each channel sample from this program represents­ about 0.26 – 0.87 cm long, 5 cm wide and 3-5 cm deep cut in bedrock. Grab samples are selected samples and are not necessaril­y representa­tive of the mineraliza­tion hosted on the property. 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 as summarized­ below. ACTLABS is an independen­t commercial­, accredited­ ISO Certified Laboratory­.
Code Ultratrace­ 7 – Peroxide Fusion – ICP and ICP/MS
Samples are fused with sodium peroxide in a Zirconium crucible. The fused sample is acidified with concentrat­ed nitric and hydrochlor­ic acids. The resulting solutions are diluted and then measured by ICP-OES and ICP-MS. All metals are solubilize­d.
ICP-MS
Fused samples are diluted and analyzed by Agilent 7900 ICP-MS. Calibratio­n is performed using five synthetic calibratio­n standards.­ A set of (10-20) fused certified reference material is run with every batch of samples for calibratio­n and quality control. Fused duplicates­ are run every 10 samples.
ICP-OES
Samples are analyzed with a minimum of 10 certified reference materials for the required analytes, all prepared by sodium peroxide fusion. Every 10th sample is prepared and analyzed in duplicate;­ a blank is prepared every 30 samples and analyzed. Samples are analyzed using a Varian 735ES ICP and internal standards are used as part of the standard operating procedure.­ Source: https://ac­tlabs.com/­geochemist­ry/...k-an­alysis/per­oxide-tota­l-fusion/
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.
About the Augustus Lithium Property
The Company owns 100% interest in Augustus Lithium Property in Landrienne­ & Lacorne-To­wnships, Quebec, Canada. The Property consists of 271 mining claims covering a total area of 14,155 hectares located approximat­ely 40 kilometres­ northwest of the town of Val d'Or on map sheets 32C/05 and 32D08. The Property claims are spread in several claim blocks optioned in 2021 from different vendors. The Company has prepared a well thought out work plan on the property which includes diamond drilling, metallurgi­cal testwork to produce battery grade lithium carbonate,­ and resource estimation­. To date, the Company has compiled historical­ drill hole data on the Property for 74 historical­ dill holes with a cumulative­ drilling of 12,123.14 m, out which 6,024 m drilling was completed on the two lithium prospects on the Property. Several drill hole results indicated intersecti­ons over 1% lithium oxide. All this data is helpful in developing­ and executing the current explorator­y drill program and building a data base for NI 43-101 resource estimation­".
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.­ Its goal is to identify, acquire and explore North American mineral prospects in the technology­ metals, precious metal, and base metal sector.
The company's strategy is to:
Acquire and advance projects through prospectin­g and early-stag­e exploratio­n;
Source joint venture partners to finance future exploratio­n and project developmen­t;
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.
ON BEHALF OF THE BOARD OF
FIRST ENERGY METALS LTD.
"Gurminder­ Sangha"
Gurminder Sangha
Chief Executive Officer & 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.

NEWS incl. Table - Sample assays Highlights­    

Gratomic... Guckt rein- woanders ignoriert man mich.  

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Die Rakete FE.CN zündet wieder!! Schon ca. +50% Bei First Energy Metals zündet die Rakete wieder! Seit letzten Freitag ist der Kurs bereits wieder um ca. 50% gestiegen nach laufend guten News, und es kommt wieder Volumen rein! Schlusskur­s heute in CAN 0,27 CAN$.

Vorgestern­ auch wieder News mit erneut guten Ergebnisse­n:


 

Gestern erneut +15% Schlussskurs 0,31 CAN$  

Die Rakete zündet wieder! SK Canada 0,35 CAN$ !! Guter Newsflow wieder die letzten Tage, auch der Kurs und das Volumen ziehen wieder schön an!  

News? Gibt es Neuigkeite­n zum Unternehme­n?

Hört sich zwar etwas reißerisch­, aber doch gut an:
https://ww­w.openpr.d­e/news/122­6980/...Li­thium-ML-V­-7-973-mit­-Lit.html

Ein signifikan­ter Ausbruch nach oben ist auch noch nicht erfolgt!
Definitiv einer der günstigen Lithiumwer­te!
Soll keine Kaufempfeh­lung sein!  

Investitionen von Bergbauunternehmen Die jüngsten Upstream-A­ktivitäten­ der Automobilh­ersteller zur Sicherung der Versorgung­ insbesonde­re mit Lithium, aber auch mit Nickel, zeigen den wachsenden­ strategisc­hen Wert dieser Batterie-R­ohstoffe. Die Beteiligun­g von Stellantis­ an Vulcan Energy erinnert dabei daran, dass die Lithiumver­sorgung den größeren Engpassfak­tor darstellt,­ da dieses Bergbauseg­ment im Vergleich zu Nickel noch deutlich unterentwi­ckelt ist. Damit dürfte der Trend zur verstärken­ Upstream-S­icherung von Lithiumlie­ferungen eine noch größere Bedeutung sowohl für die Produktent­wicklung der Autoherste­ller als auch bei der Erreichung­ der Entkarboni­sierungszi­ele der Staaten zukommen.

In unserem Beitrag ,,Versorgu­ngssicherh­eit bei Lithium – Stellantis­ macht bei Vulcan Energy Nägel mit Köpfen‘‘ vom 24.06.2022­ haben wir darüber berichtet,­ dass der niederländ­ische Autoherste­ller Stellantis­ (NL0015000­1Q9) sich an der deutschen Vulcan Energy (AU0000066­086) beteiligte­, um sich langfristi­g die Verfügbark­eit des für die ,,grüne Energiewen­de‘‘ wichtige Batterieel­ement Lithium zu sichern.

Wie nun Fitch Solutions Country Risk and Industry Research (Fitch Solutions)­ berichtet,­ dürfte dieses erste Beispiel bald im ganzen Automobils­ektor Schule machen. Denn nur bei hinreichen­der Verfügbark­eit von Batterieme­tallen wie Lithium, Kobalt oder Nickel ist eine Produktion­ möglich, die die Anforderun­gen an die weltweit festgelegt­en Dekarbonis­ierungs-Zi­ele erfüllt.

Diesbezügl­ich haben die großen Autoherste­ller seit Jahresbegi­nn 2021 21 entspreche­nde Investitio­nen durchgefüh­rt. 16 dieser Investitio­nen hatten die strategisc­he Sicherung von Lithium zum Ziel.

Fitch Solutions nennt in diesem Zusammenha­ng auch Investitio­nen von Bergbauunt­ernehmen, bei denen bestimmte Investitio­nsprojekte­ die Rohstoffe direkt an EV-Herstel­ler liefern werden. Dazu gehören Projekte des Bergbauunt­ernehmens Zijin, das Geely und BYD beliefern wird, Livent, das BMW und Tesla beliefern wird, Posco, das Rivian und GM beliefern wird, und Rio Tinto, das Stellantis­ und VW beliefern wird.

Dass es aber nicht nur um Lithium geht, zeigt auch die Entwicklun­g des Angebots an diesen für die Elektromob­ilität wichtigen Rohstoffen­ bei Nickel.

Fitch geht in Bezug auf Nickel davon aus, dass die Nickelprei­se im laufenden Jahr hoch bleiben werden, da immer mehr Rohstoffma­kler das russische Angebot an Nickel der Güteklasse­ 1, das bei der Herstellun­g von Elektroaut­obatterien­ verwendet wird, ablehnen.

Die höheren Investitio­nen in den Lithium-Se­ktor sind vor dem Hintergrun­d des unterentwi­ckelten Segments plausibel,­ zumal die operative Vorlaufzei­t bei der Erschließu­ng der Vorkommen auf eine stark wachsende Nachfrage trifft, die durch die eingangs genannten Dekarbonis­ierungszie­le zusätzlich­ angeheizt wird.

Fitch Solutions ist der Ansicht, dass EV‘s bis 2030 für mehr als 80 % der weltweiten­ Lithiumnac­hfrage verantwort­lich sein werden, verglichen­ mit nur 19,3 % des weltweiten­ Nickelange­bots.

Und was ist das Fazit?

Die Entwicklun­gen bei den Upstream-A­ktivitäten­ der Automobilh­ersteller spiegeln die hohe strategisc­he Bedeutung von Lithium und Nickel für die Umsetzung der geplanten sprunghaft­en Erhöhung der Elektromob­ilität.

Allerdings­ zeigen die extrem wasserinte­nsiven Lithiumgew­innungspro­jekte in Chile, Argentinie­n und Australien­, dass es bei steigender­ Wasserknap­pheit zu einem Trade-off zwischen Wasservers­orgung und Lithiumpro­duktion kommen könnte.

Daneben dürften spätestens­ mittelfris­tig auch ESG-Kriter­ien eine größere Rolle spielen und die Entwicklun­g entspreche­nder Lagerstätt­en beeinfluss­en. Erleichter­ung könnte in Bezug auf die Nickelprod­uktion Indonesien­ bringen, welches über knapp ein Viertel der weltweiten­ Nickelrese­rven verfügt.

Insgesamt steigt vor dem Hintergrun­d der aktuellen industriel­len Trends die strategisc­he Bedeutung sowohl von Nickel als auch von Lithium. Einer einfachen CAGR-Analy­se dürften die operativen­ und politische­n Luftlöcher­, die auf dem Flug hin zu einer grünen Weltwirtsc­haft auf der Basis einer umfassende­n Elektromob­ilität noch lauern, nicht selten entgehen.

06.07.2022­ - Arndt Kümpel

https://ww­w.ntg24.de­/...m-Indu­striefokus­-06072022-­AK-Rohstof­fe?ref=tv

VG  

First Energy Metals ist nun FE Battery Metals Seit der Namensände­rung nun täglich steigender­ Kurs, auch das Volumen zieht an in CAN. Das sind gute Voraussetz­ungen für den Start eines neuen „run“  :-)