FE Battery Metals (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89) today shared positive results of drill hole LC23-67, which represents a significant development for the company’s efforts to work towards its maiden resource estimate at the Augustus Lithium Property. According to the update, drill hole LC23-67 penetrated a lithium mineralization zone with a width of 23 meters at an impressive grade of 1.29% lithium oxide (“Li2O”) grade at a drilled depth of 161.5 meters. In addition, the section exhibits highly anomalous values of other rare and valuable metals, including beryllium (“Be”) at 133.63 ppm, cesium (“Cs”) at 184.49 ppm, niobium (“Nb”) at 59.89 ppm, tantalum (“Ta”) at 53.12 ppm, and rubidium (“Rb”) at 1,337 ppm. The new intersection further delineates the mineralization potential of the Augustus central zone. Throughout previous drill programs in 2021, 2022 and 2023, lithium bearing pegmatites have been traced continuously by drilling (at approximately 100 to 200 m spacing) at Augustus and remain open along strike at both ends and at depth. FE Battery Metals has also demonstrated success in locating multiple lithium-bearing pegmatites in new and old showings over a significant strike length across the entire project.
To view the full press release, visit https://ibn.fm/pFvUY
About FE Battery Metals Corp.
FE Battery Metals is focused on identifying, exploring and advancing early-stage lithium pegmatite projects in Canada. The company’s primary efforts have been on exploration projects located in Quebec, with its flagship property being the Augustus Lithium Property. Augustus is located in the immediate vicinity of Val d’Or Quebec where several historical prospects and a previously active lithium mine is located within a 10km radius from the property. North American Lithium mine (“NAL”) and the Authier Project are two notable projects in the area that highlight the potential of the Augustus Lithium Property.
NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at https://ibn.fm/FEMFF
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