- The Upper Pegmatite at drill hole LC23-51 intersected a four meter zone with 0.95% Li2O at 99 m drilled depth, including 3 m zone of 1.38% Li2O at 99.5 m. In addition, there are anomalous values of other rare metals in this section such as beryllium (Be), cesium (Cs), niobium (Nb), and tantalum (Ta) (Please visit https://febatterymetals.com/en/news/2023/ for full table of results)
- The Lower Pegmatite at LC23-51 intersected a 15 meter zone with 0.80% Li2O at 116.5 m drilled depth, including a 10 m zone of 1.03% Li2O at 118 m. In addition, there are anomalous values of other rare metals in this section such as beryllium (Be), cesium (Cs), niobium (Nb), and tantalum (Ta) occurred in the pegmatite.
- Drill Hole LC23-51 was positioned within the main Augustus zone approximately 53m away from the previously reported drill hole, LC23-50 which also encountered strong lithium mineralization over 17m.
- One drill hole SV23-01 which was completed at the Landrienne Sud Silver prospect intersected a 39 m wide zone at 20 m drilled depth with anomalous values of silver with average 0.41 ppm silver. The Company is looking to explore this area further as a silver exploration target within over 60,000 acres large Augustus claim block.
Drill hole LC23-51 was drilled at location 5367719.52N, 287176.887E, UTM NAD 1983 Zone 18N, at azimuth 56.9 degrees and dip -47.5 with a drilled depth of 174 m. The drill hole was placed at the main Augustus zone.
Drill hole SV23-01 was drilled at location 5370499N, 289074E, UTM NAD 1983 Zone 18N, at azimuth 192.4 degrees and dip -49.7 with a drilled depth of 252 m. The drill hole was placed at the Landrienne Silver Showing.
Mr.
The drill core is logged and sampled at the core shack using a rock saw. A core shack is built at the village of
ON BEHALF OF THE BOARD OF
FE BATTERY METALS CORP.
"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.
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.
SOURCE
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