FE Battery Metals (CSE: FE) (OTCQB: FEMFD), a publicly traded Canadian mineral exploration company, has successfully exposed a part of the main Augustus Prospect lithium pegmatite system through stripping and channel sampling. The company made the announcement, noting that Outcrop #26 was discovered on the east side of the main Augustus Prospect area where a lithium rich pegmatite cuts 14.7 meters at 1.15% lithium oxide (“Li2O”). Other highlights of the assay include Outcrop #900 near the North American Lithium (“NAL”) mine, which cuts 10 meters at 0.52% Li2O; four grab samples collected from the Lac Fiedmont area returned low lithium values; six grab samples collected from Duval Lithium Prospect returned high lithium values in the range of 0.004% to 2.15% Li2O with average 1.14% Li2O; and 19 grab samples from Bella Prospect near the NAL mine returned lithium values in the range of 0.005% to 1.26% Li2O with anomalous values of other rare metals. The company anticipates further exploring both the Duval Lithium and Bella Prospects. “To date the company has drilled 68 drill holes with over 15,000 meters of NQ-size diamond drilling on the property and has intercepted multiple lithium pegmatite dykes of variable lengths, widths and lateral continuity,” the announcement stated. “The company has further explored the newly discovered lithium pegmatite zones in two areas to the southeast of the Augustus Prospect, which are located near the North American Lithium Mine.”
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About FE Battery Metals Corp.
FE Battery Metals is a Canadian mineral exploration company with a primary focus of acquiring mineral properties in the battery metal sector. The company’s goal is to identify, acquire and explore North American mineral prospects with a primary focus on lithium. 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; and create shareholder value through exploration success. For more information about the company, please visit www.FEBatteryMetals.com.
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